Getty and Shutterstock are merging to counter declining fortunes in a maturing stock photography industry and face significant threats from generative AI and free platforms. The merger aims to ...
Shutterstock has been underperforming on revenue growth in the last 2 quarters, leading to significant sell-offs after earnings and ultimately, a -22.8% return year-to-date. The company is also facing ...
If you ask the average American what Shutterstock is, they’ll probably tell you it’s a company that collects stock images. And back in 2003, when the brand was created, they would have been right. But ...
Shutterstock can't afford to lose subscribers to generative AI applications, but it also can't risk upsetting its base of contributors. By partnering with OpenAI, the company can provide AI tools ...
Getty Images Holdings, Inc. and Shutterstock have announced a merger agreement to form a leading visual content company, combining forces to better serve the creative, media, and advertising ...
Stock photo giant Shutterstock said today that it will offer a legal indemnity to customers using a newly released AI image generation product. Stock content provider and creative suite Shutterstock ...
Shutterstock announced today that it will offer enterprise customers full indemnification for the license and use of generative AI images on its platform, to protect them against potential claims ...
Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Shutterstock has expanded its partnership ...
Shutterstock (SSTK) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.72 per share a year ago. These figures ...
Shutterstock beat on earnings but missed on sales this morning. GAAP profits turned negative in Q4 2023, but management forecasts stable sales and earnings in 2024. Heading into earnings day, analysts ...
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