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 ...
In July 2023, Shutterstock signed long-term data partnerships with OpenAI, a pioneer in Generative AI, representing a budding new industry for Shutterstock, as seen in their Q3 results. I think the ...
Stock photography and footage provider Shutterstock (NYSE:SSTK) fell short of the market’s revenue expectations in Q4 CY2025, with sales falling 12% year on year to $220.2 million. Its non-GAAP profit ...
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 ...
If you can’t beat them, sign an exclusive partnership. That’s one conclusion of Shutterstock’s decision to begin selling A.I.-generated images created using OpenAI’s DALL-E 2, the deep learning image ...
Getty Images and Shutterstock will merge to create a giant company focused on photos and other visual content in a deal valued at $3.7 billion, the two firms announced on Tuesday. The companies — ...
NEW YORK — Getty Images is buying Shutterstock to create a $3.7 billion visual content company. The merger comes at a time when companies that use still images are facing increased competition from ...
Shutterstock stock was down because investors were afraid that generative AI applications would eat its lunch. Certain performance metrics for the company are going down. It's making up the difference ...
Shutterstock acquires the 3D model company TurboSquid, signaling a new direction for the photography industry: One that increasingly doesn’t just sell photos. Take a second look at a stock photo of a ...