Acquisition of Premiumbeat.com Highlights Growth of Audio and Photo Stocking

Posted in: Company Lists, Sector and Company Insights, curated web, file sharing, Fotolia, Fotosearch Stock Photography, Getty Images, high resolution, iStock, music, photography, Premiumbeat.com, royalty free, Shutterstock, Snapwire, stock images

PremiumBeat.com was acquired by Shutterstock for $32 million last week, putting PremiumBeat under the umbrella of one of the most popular photo and video stocking sites in the world. PremiumBeat  is a curated royalty free music website that provides exclusive, high-quality tracks and sound effects for use in new and traditional media projects, including videos, films, apps, games, and television programming.

Along with acquiring PremiumBeat, Shutterstock acquired Rex Features, a European independent photo press agency, for $33 million. The acquisitions of PremiumBeat and Rex Features will boost Shutterstock's music, photo, and video offerings.

7 Photo and Video Stock Pilers

At DataFox, we compile and curate watchlists across sectors, regions, and popular lists of top companies. We feature Premiumbeat.com and 7 other private companies taking photo file sharing to  a new level for consumers and businesses.

Premiumbeat.com's curated library of royalty free music attempts to give users the polished feel of the big production houses. Premiumbeat.com  aims to help users work on their projects with professional composers.

  • DataFox Score: 972
  • Location: Montreal, Quebec
  • Total Funding: Acquired by Shutterstock for $32 million in January 2015

Shutterstock, Inc. provides licensed photographs, vectors, illustrations, videos and music to businesses, marketing agencies and media organizations around the world. It uses contributors, more than 60,000 throughout the world, to add images. In addition to its recent acquisition of Premiumbeat.com, Shutterstock also owns Bigstock, a value-oriented stock media agency; Offset, a high-end image collection; Skillfeed, an online marketplace for learning; and WebDAM, a cloud-based digital asset management service for businesses.

  • DataFox Score: 1193
  • Location: New York, NY
  • Total Funding: IPO in October 2012

Getty Images, the world's largest distributor of stock photos, video and other digital content, creates and distributes imagery collections that range from contemporary creative imagery to news, sports, entertainment and archival imagery. Today, gettyimages.com serves an average of 3.2 billion thumbnails, 7.3 million visits and four million unique users, in addition to an average of 175 million page views each month. Nearly 100% of the company's visual content is delivered digitally.

  • DataFox Score: 1119
  • Location: London, UK
  • Recent Funding: The Carlyle Group acquired 50% stake in August 2012

Founded in 2000, iStock is the web's original source for royalty-free stock images, media and design elements. Artists, designers and photographers from around the world create, work and learn through this platform. 

  • DataFox Score: 1009
  • Location: Calgary, Alberta
  • Total funding: Acquired by Getty Images in February 2006

Fotolia is an image bank that offers a crowdsourced library, which includes royalty-free images, vectors, illustrations and video footage clips. It is a community of artists, graphic designers, and a list of well-known agencies that provide content for this image bank. The contributing artists receive a commission when the images, vectors, illustrations, and videos are purchased. All images offered on Fotolia are royalty-free and can be used for any design project or document with no time limits.

  • DataFox Score: 1008
  • Location: New York, NY
  • Total Funding: Acquired by Adobe Systems in December 2014 for $800 million

Fotosearch is a stock photography company that sells royalty-free and rights-managed photography, illustrations, video footage, clip-art, and audio clips. Today, with digital images from more than 140 publishers, it is one of the world's largest distributors of stock photography. The core feature of the site is its search feature that allows users to access it's database of more than 2.5 million images. The site is offered in more than a dozen languages.

  • DataFox Score: 850
  • Location: Waukesha, WI

Media Bakery is a collection of 10 million premium Rights Managed and Royalty Free image and footage files available for commercial license. The pay per use agency aggregates 120 leading international photographic supply chains including Getty Images, Corbis Corporation, and other independent photo producers that serve creative professionals, graphic designers, art buyers, creative designers, directors and producers who illustrate their marketing concepts and enhance their designs in both print and motion mediums.

  • DataFox Score: 821
  • Location: Santa Barbara, CA

Snapwire is a collaboration platform where mobile photographers shoot custom images for photo buyers around the world. Users post their image requests, and mobile photographers respond by competing creatively to submit their best photos. Buyers get images that match their vision, and the winning photographers get paid.

  • Location: Santa Barbara, CA
  • Total Funding: $1.4 million
  • Recent Funding: $1.4 million in June 2014
  • Investors: Seed