SHUTTERSTOCK STUDIOS ANNOUNCES ITS EXPANSION INTO LONG AND SHORT-FORM DOCUMENTARY FILMMAKING

The end-to-end content creation and production solution is now producing original content for consumer entertainment clients,including a docu-series following racing legend Jimmie Johnson and a documentary featuring famed celebrity photographer Miles "Diggzy" Diggs

NEW YORK,June 17,2022 -- Shutterstock,Inc. (NYSE: SSTK),a leading global creative platform for transformative brands and media companies,today announced that Shutterstock Studios,the company's creative and production arm,is broadening its offering to include original documentary films and series.

"Since Shutterstock Studios' inception in November 2020,the team has rapidly established itself as a key player in the industry,and as a premier end-to-end creative content solution partnering with some of the world's biggest brands and companies like Amazon,ITV,BBC and Microsoft," said Jamie Elden,Chief Revenue Officer at Shutterstock. "This is an exciting time for our Studios division,as we expand our content production into longer form storytelling,aligning with industry trends and the demand we are seeing for this content worldwide. What's unique to Shutterstock Studios,is that our content is powered by one of the largest archival collections in the world,including exclusive access to the Condé Nast Collection,A+E Networks Archive,the LIFE Collection and more,enabling producers to create compelling content for all platforms and production mediums."

Led by Aiden Darné VP and Global Head of Shutterstock Studios - formerly a VICE Media executive - one of the first projects is a docuseries featuring Jimmie Johnson,the seven-time NASCAR champion and American professional racing driver. This docuseries was produced in partnership with Carvana,a Fortune 500 company that fosters an intuitive and convenient online car buying,selling,and financing experience.

The eight-part series,titled "Reinventing The Wheel,"gives global viewers an all-access,behind-the-scenes look at Jimmie Johnson as he navigates his second INDYCAR season after an exceptional career in NASCAR racing.

"Racing fans know just how thrilling it is to watch a race live from the stands,and it was fantastic to bring that electrifying atmosphere to viewers worldwide," said Darné."We are so excited that our first entry into the high-demand world of documentary storytelling is in partnership with Carvana. It's been amazing to capture the intimate moments of the career switch of Jimmie Johnson – one of the greatest race car drivers of all time."

"We continue to be inspired by Jimmie's commitment as he's forged this new path in his racing career," said Carvana Chief Brand Officer and Co-Founder Ryan Keeton. "Our team was excited to collaborate with such talented partners on the Reinventing the Wheel docuseries to bring such unique and exclusive access as Jimmie faces this exciting next chapter. Carvana has always stood for challenging the status quo and we see that same drive and passion in Jimmie."

To watch the entire docuseries,visit carvana.com/racing.

"Reinventing The Wheel'' is just one of several shows that Shutterstock Studios currently has in production. A second show,titled,"The Money Shot" follows celebrity photographer Miles Diggs,aka Diggzy – the man behind famous images like Rihanna's pregnancy photos. The feature-length documentary will provide an intimate look at the rise of fame and celebrity culture in America from Diggzy's unique point of view,as well as from the voices of those who know it best – the celebrities.

Both "Reinventing the Wheel" and "The Money Shot" will be hitting TV and streaming services soon. Shutterstock Studios has many other shows in various stages of development and production that will take viewers around the world through Shutterstock's unique lens,including an archival documentary titled "Behind The Lens," which chronicles Diana,Princess of Wales and other celebrities from the perspective of the photographers who knew them best,and the "History of Boy Bands" - a unique look into the 90s via the rise and fall of the world's biggest boy bands.

About Shutterstock Studios

For 20 years,Shutterstock has contributed to films,documentaries,and storytelling of all types with its vast stock library. Now through its Studios arm,Shutterstock is putting forward stories of its own,leveraging the unique expertise of its production and creative professionals,and archive of over 60 million assets across photo and video,covering royals,film,music,sports,wars,politics and celebrities.

Shutterstock Studios specializes in producing branded and commercial content plus documentary and nonfiction films. Studios has rapidly emerged as a best-in-class creative partner for brands globally using physical and virtual production to create evocative content. With the acquisition of TurboSquid,the world's largest 3D marketplace,Shutterstock Studios now offers Web3 services,and 2D and 3D animation.

About Shutterstock,Inc.

Shutterstock,Inc. (NYSE:SSTK) is one of the leading global creative platforms for transformative brands and media companies.Directly and through its group subsidiaries,Shutterstock's comprehensive collection includeshigh-quality,licensed photographs,vectors,illustrations,3D models,videos,andmusic. With its growing community of over 2 million contributors,Shutterstock adds hundreds of thousands of images each week. Currently,it has more than 405 million images and more than 25 million video clips available.

Headquartered in New York City,Shutterstock has offices worldwide and customers in more than 150 countries. The Company also owns Splash News,the world's leading entertainment news agency for newsrooms and media companies worldwide,Pond5,the world's largest video marketplace; TurboSquid,the world's largest 3D content marketplace; PicMonkey,aleading online graphic design,and image editing platform; Offset,a high-end image collection; Shutterstock Studios,an end-to-end custom creative shop; PremiumBeat,a curatedroyalty-free music library; Shutterstock Editorial,a premier source ofeditorial images andvideos for the world's media; Amper Music,anAI-driven music platform; andBigstock,a value-oriented stock media offering.

For more information,please visitwww.shutterstock.com and follow Shutterstock onTwitter and Facebook.