Pond5
Pond5 is a New York-based online marketplace for royalty-free media. The company licenses stock footage, stock music, stock photography sound effects, after effects, images and 3-D models. Pond5 is reported to have the world's largest collection of stock footage,[1] hosting more than 10.5 million clips as of early 2018.[2]
Private | |
Industry | stock footage, stock music and stock photography |
Founded | 2006 |
Founder | Tom Bennett (founder) Marcus Engene (founder) |
Headquarters | New York City, New York , U.S. |
Key people | Tom Crary (CEO) Sam Napolitano (CTO) Karen Miller (CPO) |
Products | Public Domain Project Pond5 Select Pond5 Memberships Social Studio |
Services | Licensing of stock media |
Website | pond5.com |
The company originally focused on selling video clips, but began to expand into other asset types following its 2013 acquisition of Pixmac, a stock photography site based in the Czech Republic.[3][4] The acquisition added Pixmac’s 6,000+ photographers and support for 17 languages to the Pond5 marketplace. [5]
History
Pond5 was founded in 2006 as a way for video producers to license content to third parties.[6] It subsequently expanded into other media types, including photos, music, sound effects, 3D models, and Adobe After Effects templates.[3][4] Pond5 does not own the content on its site, but instead aggregates and sells content created and owned by its contributors. These contributors determine the selling price, and earn 50% of revenue.[3][4][5][6]
In July 2014, venture capital firms Accel Partners and Stripes Group invested $61 million in series A financing into Pond5.[7][8]
Products and Partnerships
In January 2014, Pond5 partnered with Adobe to create a plugin for Adobe Premiere Pro integrating the Pond5 video collection with the editing suite.[9]
In early 2015, the company launched the Public Domain Project, a free online repository of nearly 100,000 digitalized media assets.[10]
The original business model focused on licensing individual video clip sales. However, in February 2016, the company unveiled a subscription product.[11]
In late December 2016, the company rolled out extended licenses aimed at attracting large enterprise customers.[12]
In December 2018, the company announced a partnership with the Tribeca Film Institute, launching a program to provide grants of up to $7500 as well as mentorship, content and education to independent filmmakers.[13][14]
In June 2019, the company launched partnerships with Reuters, Cover Video, and Newsflare to create the worlds largest collection of royalty-free editorial video. [15]
See also
References
- Marshal Rosenthal (19 July 2015). "Pond5 Breaks Industry Record With Library Exceeding 4 Million Video Clips". VideoMaker.
- Pond5 (19 April 2018). "Pond5 Press". Pond5.
- "Media marketplace Pond5 acquires European stock photo startup Pixmac". PandoDaily. Retrieved 9 December 2014.
- "Media Marketplace Pond5 Acquires Stock Photo Startup Pixmac To Expand Its International Presence". TechCrunch. AOL. Retrieved 9 December 2014.
- Martin Bryant (5 March 2013). "Stock Media Marketplace Pond5 Acquires Rival Pixmac". The Next Web. Retrieved 9 December 2014.
- "Media Licensing Marketplace Pond5 Launches Massive Redesign, With Advanced Search And Customized Artist Pages". TechCrunch. AOL. Retrieved 9 December 2014.
- "Pond5, a stock video company, raises $61 million from Accel, Stripes - Fortune". Fortune. Retrieved 9 December 2014.
- "Shutterstock and Getty Images Competitor Pond5 Raises $61 Million". Blogs.wsj.com. Retrieved 9 December 2014./
- Ben Woods (21 January 2014). "Pond5 and Adobe partner for Adobe Premiere Pro royalty-free video, music and sound effects plugin". The Next Web. Retrieved 9 December 2014.
- Jonathan Shieber (20 January 2015). "Pond5 Issues 80,000 Free Media Assets With The Launch Of Its Public Domain Project". Techcrunch. Retrieved 27 December 2016.
- Ido Lechner (26 February 2016). "Might an AI visual search engine revitalize the industry as a whole?". PFSK. Retrieved 27 December 2016.
- "Pond5 Introduces Extended Licenses, Offering Some of the Highest Levels of Coverage, Protection, and Flexibility in the Industry". Press Release. 2 December 2016. Retrieved 27 December 2016.
- Antunes, Jose (14 December 2018). "Tribeca Film Institute and Pond5 launch filmmaking fund". Pro Video Coalition.
- "Tribeca Film Institute, Pond5 Announce Latest Indie Film Grantees (EXCLUSIVE)". Variety. 18 July 2019.
- Newsshooter (13 June 2019). "Pond5 & Reuters create the largest collection of royalty-free editorial videos in the world". Newsshooter. Retrieved 15 October 2019.