iStockphoto´s competitor ShutterStock announced in February 2006 the introduction of Shutterstock Footage and noted then that "Shutterstock is the first among their competitors to branch from still photography into video".
After accepting video submissions for two months, Shutterstock Footage went fully online in April 2006 and showcases currently 2,953 royalty-free footage clips. The site is still in beta modus.
iStockphoto today announced it is now accepting user-generated video for the new service iStockvideo, to be launched later this year on September 5th. iStockvideo will offer royalty-free stock video/footage and film in broadcast-quality, as well as animation clips for as little as $5 for thirty-second clips.