Pond5, a stock video marketplace for producers and creative professionals, has named Jason Teichman as CEO. Previously, Teichman, who is also joining the company’s board of directors, worked at Web.com Group where he served as a chief operating officer. Pond5 is backed by Accel Partners and Stripes Group.
NEW YORK – August 9, 2016 – Pond5, the world’s largest provider of royalty-free stock videos and the premier source of licensable music tracks, sound effects, and millions of photos, has announced the appointment of Jason Teichman as the company’s new Chief Executive Officer and Board Director. In this role, Teichman will help the company continue to accelerate its growth by scaling its creative marketplace, leveraging its unique relationship with the artist community, and furthering its investments in emerging media, such as drone footage and 360-degree video.
Teichman brings with him more than two decades of experience in running digital-media businesses, most recently as Chief Operating Officer at Web.com Group (NASDAQ: WEB). Under his tenure, the company achieved a 300% growth rate and nearly $1 billion in market capitalization. While he was there, Teichman enabled businesses of all sizes to tap into a platform of creative services and online marketing solutions to drive their growth. Prior to joining Web.com, Teichman served in executive leadership roles at Register.com, before its sale to Web.com, and American Express, as Vice President for its Card Services Division.
“Jason’s proven track record for scaling creative businesses, innovating product offerings, and driving double-digit growth makes him the perfect fit,” said Pond5 board member and Google VP Torrence Boone.
“We’re delighted to have Jason on board,” added co-founder and Executive Chairman Tom Bennett. “He brings the right skillset to take our mission of empowering artists around the world to the next level. His joining is a huge win for the Pond5 community.”
“What we’re seeing across channels like Facebook, Snapchat, and Netflix is an unprecedented growth in video consumption, at a rate where supply can no longer keep up with demand,” said Teichman. “New reports suggest that as early as 2017, video will account for almost 70 percent of all consumer internet traffic. These channels require high-quality footage with rapid turnaround times, making Pond5 a go-to partner. Pond5’s unique relationship with its artist community and its pioneering investments in video, audio, and traditional and emerging media are what attracted me to the company. As demand for high-quality media continues to accelerate, my goal is to make sure we continue to build out our collection of media assets on a global scale, while making it even easier for artists to work with us.”
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 5.7 million royalty-free video clips, plus millions of photos, music tracks, sound effects, and other leading-edge media.
Every day, nearly 5,000 videos are added to the marketplace, many of which are available exclusively to Pond5. Companies such as Netflix, Google, VICE, and Uber, and musical artists such as Macklemore & Ryan Lewis rely on Pond5 as an essential part of their creative process. Pond5 is a venture-backed company funded by Accel Partners and Stripes Group with offices located in New York, Dublin, and Prague. To learn more about Pond5’s team and products, visit Pond5.com.