Friday, 25 September 2009

Microstock News: ShutterStock buys BigStockPhoto

Following consolidation in the microstock industry earlier this year (see my previous post), Shutterstock* is now getting in on the action, with its acquisition of BigStockPhoto*. There's a natural synergy between Shutterstock's subscription model and BigStockPhoto's credit-based model. For now, the sites will run independently, but presumably it wont be long before they'll look for marketing synergies and share collections to benefit all parties.