Recent events
Recent events tied to this brand in public sources.
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2021
Shutterstock acquires PicMonkey
Shutterstock announced its acquisition of PicMonkey, a creative design and image-editing platform. The release says the transaction consideration included $110 million in cash paid at closing.
2021
Shutterstock launches Rights and Clearance service
Shutterstock announced the launch of Rights and Clearance, a service for its global customer base that obtains third-party permissions for promotional use of assets.
2021
Shutterstock acquires Pattern89 and two other AI companies
Shutterstock acquired three artificial intelligence companies, including Indianapolis-based Pattern89. The article says the aggregate cash consideration for Pattern89, Datasine, and Shotzr was approximately $35 million.
2021
Shutterstock and It Gets Better Project launch partnership and grant
Shutterstock announced a partnership with the It Gets Better Project that includes a $10,000 grant to support LGBTQ+ creators and promote authentic representation of LGBTQ+ communities.
2021
Shutterstock launches All The Best Artists campaign
Shutterstock announced the launch of its “All The Best Artists” brand campaign, featuring work by eight creators from its contributor community.
2020
Shutterstock launches Shutterstock Studios
Shutterstock announced the launch of Shutterstock Studios, a creative division offering custom content strategy, production services, storytelling, and amplification for brands.
2020
Shutterstock announces pricing of public stock offering
Shutterstock announced the pricing of a public offering of 2,580,000 common shares at $48.50 per share. The offering was expected to close on August 14, 2020, subject to customary conditions.
2020
Shutterstock announces CEO appointment and executive chairman transition
Shutterstock announced that its board appointed Stan Pavlovsky as CEO and that current CEO Jon Oringer would become Executive Chairman. The changes were scheduled to take effect on April 1, 2020.
2019
Shutterstock appoints Peter Silvio as CTO
Shutterstock announced Peter Silvio's appointment as its new chief technology officer.
2019
Shutterstock reports third-quarter 2019 financial results
Shutterstock announced financial results for the third quarter ended September 30, 2019, reporting revenue of $159.1 million, up 5% year over year, and net income of $4.9 million, down 34%.