Pond5 Introduces Extended Licenses, Offering Some of the Highest Levels of Coverage, Protection, and Flexibility in the Industry

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Dec 02, 2016, 04:28 ET

NEW YORK, Dec. 2, 2016 /PRNewswire/ -- Today, Pond5 — the world's largest provider of royalty-free video — announced the launch of its new Extended Licenses, offering some of the highest levels of coverage, protection, and flexibility in the industry.

Designed to provide enterprise-level businesses, creative agencies, and major media companies the protection and flexibility they require during their content creation process. The new licenses offer up to a million dollars of indemnification for each commercial video clip, unlimited seats for more collaboration, and significantly more flexible merchandising rights.

In conjunction with this launch, Pond5's Standard License now includes $15,000 in indemnification per item for no additional cost, one of the highest standard levels of coverage in the stock-media business.

With additional and unlimited-seat license upgrades — also available for other media types, including music and editorial footage — customers will have more ways to collaborate with multiple people and teams. All Pond5 licenses allow use of the content for unlimited projects worldwide in all media, in perpetuity, as well as various levels of digital or physical merchandising.

"This program is exactly what our biggest customers need, and many production houses have been clamoring for," explains Pond5 CEO Jason Teichman. "It's a major leap forward. Buyers can shop with the protection and flexibility they demand, and purchase media with the added confidence and legal assurances their businesses require."

For more info on Extended Licenses, visit pond5.com/extended-licenses.

About Pond5

Pond5 is transforming the role of video in the creative process by connecting producers, creative directors, and editors to more than 60,000 filmmakers and creators in over 150 countries. The company strives to improve creative production through its innovative artist technology, easy-to-use platform, and ever-growing library of more than 6 million royalty-free video clips, plus millions of, music tracks, sound effects, photos and other leading-edge media… Pond5 is a venture-backed company funded by Accel Partners and Stripes Group with offices located in New York, Dublin, and Prague.