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 ...
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 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 ...
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 — ...
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 ...
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 ...
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 ...
Shares of digital photograph printing company Shutterstock (NYSE: SSTK) fell 5.5% through 12:05 p.m. ET on Wednesday, after the company reported mixed earnings last night. Heading into earnings day, ...
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