Company:  SHUTTERSTOCK, INC. (SSTK)
Form Type:  8-K
Filing Date:  11/15/2012 
CIK:  0001549346 
Address:  350 FIFTH AVENUE
21ST FLOOR
 
City, State, Zip:  NEW YORK, New York 10118 
Telephone:  646-710-3410 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$74.09  
Change: 
0.09 (0.12%)  
Trade Time: 
04:01 PM EST  
Market Cap: 
$2.60B
Description of Business
Shutterstock operates an industry-leading global marketplace for commercial digital imagery. Commercial digital imagery consists of licensed photographs, illustrations and video clips that companies use in their visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications and video content. Demand for commercial digital imagery comes primarily from businesses, marketing agencies and media organizations. We estimate that the market for pre-shot commercial digital imagery will grow from approximately $4 billion in 2011 to approximately $6 billion in 2016, based on a study conducted on our behalf by L.E.K. Consulting LLC. There has been a significant increase in the demand for commercial digital imagery as rapid technological advances have reduced the cost and effort required to create, license and use images.
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  FORM 8-K
    SECTION 2 FINANCIAL INFORMATION
      Item 2.02 Results of Operations and Financial Condition
    SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS
      Item 9.01 Financial Statements and Exhibits
    SIGNATURE
    EXHIBIT INDEX
  EXHIBIT 99.1
    BALANCE SHEET
    INCOME STATEMENT
    CASH FLOW
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