Copyright © 2013 Knight Sac Media. All rights reserved.http://www.siliconinvestor.com/subject.aspx?subjectid=58714Stock Photos and Royalty-Free Images by Subscription - Shutterstock IPO FORM S-1: http://www.sec.gov/Archives/edgar/data/1549346/000104746912005905/a2209364zs-1.htmhttp://www.siliconinvestor.com/images/Logo380x132.pnghttp://www.siliconinvestor.com/subject.aspx?subjectid=5871438013210Glenn PetersenThe Press release: finance.yahoo.com  Shutterstock Stock Clicks On IPO's Hot Q4 Earnings By Donna Howell, Investor's Business Daily Posted 02/22/2013 01:36 PM ET Shutterstock ( SSTK), a stock photos provider and recent IPO, rocketed Friday after beating views with its Q4 earnings released late Thursday. The s...http://www.siliconinvestor.com/readmsg.aspx?msgid=287424522/23/2013 11:24:07 AMGlenn PetersenShutterstock Surges After IPO Priced Above Range at $17 By Sarah Frier Bloomberg Businessweek on October 11, 2012 Shutterstock Inc. ( SSTK), an online marketplace for digital images, surged in its first trading day after raising $76.5 million in an initial public offering that sold above the proposed price range. ...http://www.siliconinvestor.com/readmsg.aspx?msgid=2846760710/11/2012 7:15:42 PMGlenn PetersenThe Facebook Effect? Shutterstock Prices IPO Shares At $13-$15 To Raise $54.2M, Half The Original $115M Ingrid Lunden TechCrunch September 27, 2012 Online stock photography company Shutterstock, which filed for an IPO in May, has today filed its S-1. It will be offering 4,500,000 shares, pricing them between $13...http://www.siliconinvestor.com/readmsg.aspx?msgid=284374619/27/2012 12:52:53 PMLahcim LeinadPocketstock CEO Russell Glenister Makes an Audacious Effort to Slow the Growth of Subscription by Trying to Stop Shutterstock's Upcoming IPO | PRNewswire | Rock Hill Herald Onlinehttp://www.siliconinvestor.com/readmsg.aspx?msgid=284056259/13/2012 1:12:04 PMLahcim LeinadShutterstock Reaches 650,000 High-Quality Video Clips, Offers Mobile Solutions | Studio Dailyhttp://www.siliconinvestor.com/readmsg.aspx?msgid=284056219/13/2012 1:11:30 PMLahcim Leinadhttp://www.siliconinvestor.com/readmsg.aspx?msgid=283582238/24/2012 12:08:55 PMLahcim Leinad"Nothing will change for our contributors," says Getty Images' CEO - British Journal of Photographyhttp://www.siliconinvestor.com/readmsg.aspx?msgid=283410148/16/2012 3:34:14 PMLahcim LeinadGetty Images bought by management and Carlyle Group for $3.3bn: Digital Photography Reviewhttp://www.siliconinvestor.com/readmsg.aspx?msgid=283379528/15/2012 2:03:44 PMGlenn PetersenCarlyle Group Said to Be Leading Bidder for Getty Images By Cristina Alesci and Jeffrey McCracken Bloomberg Aug 14, 2012 4:05 PM CT Carlyle Group LP (CG) has taken the lead in bidding for Getty Images Inc., the photo archive being sold by private-equity firm Hellman & Friedman LLC, according to people with knowle...http://www.siliconinvestor.com/readmsg.aspx?msgid=283359578/14/2012 7:00:09 PMLahcim LeinadIn my never humble opinion, I think they're wrong. My inside the business sources tell me Getty is on the ropes, desperate. Friends WISH they could disassociate themselves from Getty. Very problematic, they say. Not making them any money. Quite the reverse. Anyway, the situation regarding Shutterstock is not the ...http://www.siliconinvestor.com/readmsg.aspx?msgid=282971697/27/2012 2:34:57 PMGlenn PetersenExclusive: Carlyle, CVC, TPG weigh final bids for Getty By Soyoung Kim and Greg Roumeliotis NEW YORK | Fri Jul 27, 2012 1:39pm EDT NEW YORK (Reuters) - Three private equity firms, including Carlyle Group LP ( CG.O) and CVC Capital Partners CVC.UL, are weighing final bids for Getty Images, as the auction of the di...http://www.siliconinvestor.com/readmsg.aspx?msgid=282970397/27/2012 2:04:47 PMGlenn PetersenA nice flip in a difficult market, if they can pull it off. Getty Images Auction Draws Initial Bids of Around $4 Billion By ANUPREETA DAS Wall Street Journal July 3, 2012, 2:43 p.m. ET The auction for a potential sale of Getty Images Inc. has progressed to the second round, with several private-equity firms putt...http://www.siliconinvestor.com/readmsg.aspx?msgid=282446317/3/2012 4:35:05 PMLahcim LeinadShutterstock Re-imagines Image Search with a New Discovery Tool: Shutterstock Instant - PR Newswire - The Sacramento Beehttp://www.siliconinvestor.com/readmsg.aspx?msgid=281873466/4/2012 6:02:27 PMLahcim LeinadThoughts of a Bohemian » Blog Archive » AP launches new photo agency Just on the edge of their announced possible IPO / sale, and while everyone thought the battle for editorial photography supremacy was over, easily won by the Seattle gargantua , here comes from the outfield a new agency that could create havoc. Cal...http://www.siliconinvestor.com/readmsg.aspx?msgid=281675665/24/2012 4:58:03 PMLahcim Leinad100% agree. Shutterstock could be a keeper right out of the gate, for a decade or so... :-)http://www.siliconinvestor.com/readmsg.aspx?msgid=281644975/23/2012 1:33:27 PMGlenn PetersenIt depends on how the operations held up and how much debt the company is carrying. Based on the fact that the top line momentum seems to have slowed, the private equity guys may have just focused on milking the company for cash. Raising money in an IPO just to pay down debt is never a good story. While Shutterstock i...http://www.siliconinvestor.com/readmsg.aspx?msgid=281644885/23/2012 1:31:23 PMLahcim LeinadIt looks like the leveraged buy-out guys have sucked a lot of cash out of Getty Images. Exactly. Then sell that lipsticked pig to the unsuspecting, ignorant public as an IPO again, why doncha? ;-)http://www.siliconinvestor.com/readmsg.aspx?msgid=281644305/23/2012 1:16:55 PMGlenn PetersenIt looks like the leveraged buy-out guys have sucked a lot of cash out of Getty Images. pehub.com  While I suspect that the operations are still solidly profitable, we won't know until they file an S-1, though it is probably more likely that the company will be sold provately if their numbers do not compare favorabl...http://www.siliconinvestor.com/readmsg.aspx?msgid=281644215/23/2012 1:13:27 PMLahcim LeinadWhat makes you think Getty Images is losing money? They were solidly profitable when they were taken private Review the Thoughts of a Bohemian, way before and since then. Man has his finger on that particular part of the photo industry, like nobody else. He foretold Getty would tank and go private - repeatedly poundi...http://www.siliconinvestor.com/readmsg.aspx?msgid=281643125/23/2012 12:45:51 PMGlenn PetersenWhat makes you think Getty Images is losing money? They were solidly profitable when they were taken private: sec.gov  sec.gov http://www.siliconinvestor.com/readmsg.aspx?msgid=281642515/23/2012 12:27:18 PMLahcim LeinadYou saw this bleeding red ink loser, coat tail wannabe Shutterstock IPO rider coming, did you not? Is Getty Images looking to go public, again? - GeekWire Gonna make for even a better short than FB, methinks.http://www.siliconinvestor.com/readmsg.aspx?msgid=281641835/23/2012 12:02:16 PMLahcim LeinadThe Tao of Shutterstock: What Makes a Stock Photo a Stock Photo? - Megan Garber - Technology - The Atlantichttp://www.siliconinvestor.com/readmsg.aspx?msgid=281557735/18/2012 8:14:26 PMLahcim Leinadhttp://www.siliconinvestor.com/readmsg.aspx?msgid=281557715/18/2012 8:13:14 PMLahcim LeinadTechno Cash Posted By pmelcher On May 17, 2012 @ 8:59 am It is going to be interesting to see how the market reacts to Shutterstock IPO. For once, the stock photo market will be taken out of its own little world and confronted to the business world. Also of importance, obviously, is KKR investments in Fotolia for ...http://www.siliconinvestor.com/readmsg.aspx?msgid=281511755/17/2012 10:20:30 AMLahcim Leinad It will be interesting to see how the IPO is priced. Yup. I generally avoid IPOs out of the gate and wait for them to settle down. This year I certainly didn't miss anything, yet. Don't get me started about Facebook. Short answer: no way, not me. Anyway, this one is really interesting. One, I know a bit about t...http://www.siliconinvestor.com/readmsg.aspx?msgid=281497925/16/2012 5:45:13 PMGlenn PetersenI was impressed when I looked at the S-1 a couple of days ago. The lack of bottom line growth in the last two years does not bother me. They are in the midst of a land grab in a market niche that is only going to grow. It will be interesting to see how the IPO is priced.http://www.siliconinvestor.com/readmsg.aspx?msgid=281497595/16/2012 5:26:06 PMLahcim LeinadShutterstock has grown and grown serving over 150 countries with 10 languages, it claims to have over 10,000 images added each day, from over 35,000 contributors, and encompassing more than 550,000 paying customers. Its total library is said to be more than 19 million images and it claims more than 200 million in all-...http://www.siliconinvestor.com/readmsg.aspx?msgid=281497435/16/2012 5:21:29 PMLahcim LeinadI wonder if KKR will try to take them out before they complete the IPO. Wouldn't surprise me. Cause this is actually one IPO that might interest me.http://www.siliconinvestor.com/readmsg.aspx?msgid=281496725/16/2012 4:51:03 PMGlenn PetersenSales and marketing as a percentage of revenue grew from 17.92% in 2009 to 26.55% in 2011. I wonder if KKR will try to take them out before they complete the IPO. [graphic]http://www.siliconinvestor.com/readmsg.aspx?msgid=281496615/16/2012 4:46:45 PMLahcim Leinad Microstock’s stock is rising: $265 million for Shutterstock, Fotolia — paidContent By Robert Andrews May. 16, 2012, 7:45am [graphic] Six years after Getty bought iStockPhoto for $50 million, it looks like the microstock photography sector, in which pro-amateur photographers sell their pictures on commission throu...http://www.siliconinvestor.com/readmsg.aspx?msgid=281486945/16/2012 11:58:33 AMLahcim LeinadHow Shutterstock Made $120 Million Last Year Selling Photos on the Internet - Alexis Madrigal - Technology - The Atlantic MAY 14 2012, 6:03 PM ET 10 The unlikely story of a company that built a business selling the recent torrent of digital photos. [graphic] The stock photo company Shutterstock has grown tremend...http://www.siliconinvestor.com/readmsg.aspx?msgid=281486875/16/2012 11:55:48 AMLahcim Leinadhttp://www.siliconinvestor.com/readmsg.aspx?msgid=281486345/16/2012 11:38:51 AM