SSTK News & Events

Reports Q1 revenue $199.2M vs. $242.6M last year. Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "During the first quarter, we maintained a strong focus on operational discipline and cost management, delivering $43 million in Adjusted EBITDA in the face of ongoing industry headwinds. While first quarter revenue was impacted by a slower start in our Content business than expected and the timing of revenue recognition associated with data licensing deals, we continue to invest in areas that will drive long-term growth and remain committed to simplifying our product offerings to better meet our customers' needs." With regards to the pending merger with Getty Images, Hennessy said, "Like Getty Images, we disagree with the CMA's most recent assessment and do not believe the merger would substantially lessen competition in Editorial content in the UK. We remain confident in the merits of the merger and will continue working closely with Getty Images and the CMA toward closing."

Shutterstock announced the launch of its Shutterstock app in ChatGPT, enabling users to discover images, videos, music, and sound effects from one of the world's largest content collections directly in ChatGPT. Shutterstock now enables users to discover images, videos, music, and sound effects from one of the world's largest content collections directly in ChatGPT. As AI platforms increasingly become a medium for creative ideation, Shutterstock is embedding high-quality, licensable content directly into AI-native workflows-positioning itself as the licensed content layer that fuels AI-driven creativity. The Shutterstock app in ChatGPT creates a gateway for AI-driven discovery, allowing content to be surfaced, previewed, and moved toward commercial production within AI and agentic workflows. By launching an app in ChatGPT, Shutterstock reduces creative and discovery friction and strengthens its position as the licensable content layer across emerging AI ecosystems.

Shutterstock announced that it is "accelerating the future of generative AI" with an expansion of its training datasets. "This expansion provides developers, researchers, and enterprise partners with unprecedented access to multimodal data high-quality licensed content for the full model training lifecycle, marking the next phase in Shutterstock's rapidly growing data licensing business," the company said in a statement. Shutterstock adds that its expanded data catalog now features assets from templates and fonts to long-form video, premium metadata, and specialized podcast and science imagery. "This expansion reflects the accelerating demand for high-quality training data as generative AI development reaches critical mass globally," it said.

Getty Images (GETY) and Shutterstock (SSTK) announced that the United States Department of Justice has concluded its review of the companies' proposed merger of equals and the applicable waiting period under the Hart-Scott-Rodino Act has expired, without conditions. The merger transaction is expected to deliver substantial synergies across SG&A and CAPEX following close . Prior to the DOJ's decision, in the United Kingdom, the Competition and Markets Authority issued its interim report on February 19 as part of the ongoing Phase 2 review. Getty Images and Shutterstock are actively engaged with the CMA ahead of the CMA's final decision due by April 19, to further the CMA's understanding of the Editorial market and how the merger enhances the combined company's ability to serve customers, contributors, and partners in a highly competitive marketplace. Based on the merits of the transaction and market realities, Getty Images and Shutterstock remain hopeful that the CMA will reach a conclusion consistent with the DOJ and other regulators around the globe.