iStockphoto today announced that it has hired digital media industry veteran, Nick King, as vice president, international. King will spearhead the company’s international development and will focus his efforts on reaching new customers and markets around the globe.
With nearly 20 years of experience in the media, entertainment, publishing and information industries, King has a long track record of international brand and business building with a diverse mix of companies including EMI Group, Virgin Music Group, and online retail pioneers Boxman. As president, international of Nielsen Entertainment, he managed the transition of key businesses to digital delivery, and launched services in multiple territories across Europe, Latin America and Asia. He has also acted as a CEO-level adviser to newspaper and magazine publishing businesses on both sides of the Atlantic.
“Nick’s experience will be a huge asset to the iStock management team as we prepare for our next phase of growth,” said Kelly Thompson, COO of iStockphoto. “Building our international presence is a fundamental part of our strategy and Nick brings a unique skill set that will be instrumental in making that happen.”
“iStockphoto is an incredible company that has deservedly reached rock star status in its industry,” said King. “I’m looking forward to working with the talented people throughout the organization to help build an even larger and more diverse global fan base.”
iStockphoto offers easy, affordable inspiration with millions of vetted, royalty-free photos, illustrations, video, audio and Flash® files. Using the most advanced search in the business, customers download a file every second from a collection of more than eight million files for business, marketing and personal projects. iStockphoto started in 2000, pioneering the micropayment photography business model, and has become one of the most successful and profitable user-generated content sites in the world. iStockphoto pays out more than $1.7 million weekly in artist royalties. iStockphoto is headquartered in Calgary, Alberta, Canada, and is a wholly-owned subsidiary of Getty Images.