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On 9 February 2006, the microstock photo website iStockphoto was acquired by Getty Images for US$50 million. In 2007, Getty successfully purchased its largest competitor, MediaVast, for $207 million. The acquisition gave Getty Images control of WireImage (Entertainment, creative, and sports photography), FilmMagic (fashion and red carpet photography), and Contour Photos (portrait and studio photography).What is iStock video format?
iStock video clips are available in MOV and MP4 formats. MOV files are ideal if you need to edit video clips and combine them with other elements such as text, music or graphics. You can also use them as a source file for other formats.