Shutterstock has been disrupting the stock photo market since 2003. Now, Shutterstock has officially sold 1 billion licenses for photos, music, and videos. Jon Oringer is the Chairman and CEO of Shutterstock. He joins Cheddar after ringing the NYSE Closing Bell to celebrate their big 1 billion milestone. Jon Oringer says he wants Shutterstock to be wherever the customer is. When asked if Shutterstock has a future in cryptocurrency and blockchain, Oringer explains Shutterstock has been researching the industry since 2012. Shutterstock already has a ledger with extensive purchase history information.

Share:
More In Business
Small grocers and convenience stores feel an impact as customers go without SNAP benefits
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
Load More