$5.970
+0.522 (+8.74%)Al cierre
Noticias de SSTK
Eventos de SSTK
Shutterstock Launches Connector in Claude
Shutterstock announced the launch of its connector in Anthropic's Claude. The connector allows users to access Shutterstock's high-quality, licensable content directly within Claude, the company noted. "Customers are increasingly using AI-native tools concurrently with their traditional creative tools, but these systems are still largely disconnected, and not solving for the commercial-ready outcomes our customers need. We're breaking down that divide so customers can strategize, ideate, create, iterate, license, and finalize work with less toggling, more control, and greater confidence. For us, it's about meeting our Shutterstock customers where they are," said Paul Teall, Vice President, Marketplace Strategy at Shutterstock.
Company Reports Q2 Revenue of $221.8M, CEO Discusses Cost Cuts
Reports Q2 revenue $221.8M vs. $267M last year. Commenting on the company's performance, Rik Powell, the company's Interim Chief Executive Officer and Chief Financial Officer, said, "Following the termination of our proposed merger, we have moved quickly to strengthen our balance sheet, reduce our cost structure, and sharpen our focus on the areas with the greatest potential and are approaching every aspect of the business with discipline and urgency. We have taken significant cost actions over the past 18 months that equate to over $70 million of annualized run-rate operating expense reductions and are targeting an additional $60 million in annualized run-rate operating expense reductions by the end of the year. These actions will give us greater optionality in our capital allocation strategy."
Shutterstock Launches Global Unlimited Downloads Subscription
Shutterstock announced the global availability of its Unlimited downloads subscription. Previously only available in beta to select users, customers worldwide can now choose between two subscription plans: Unlimited Images, which includes a curated collection of more than 83 million images, and Unlimited Plus, which expands that collection to more than 100 million creative assets, including video, music and sound effects. Both plans combine curated Shutterstock content with AI-powered creative capabilities. Unlimited aims to give customers the flexibility to move from inspiration to licensed content to AI-assisted creation without switching between multiple tools or managing monthly download limits.
Shutterstock Suspends Future Quarterly Cash Dividend
Shutterstock announced that at a meeting held on July 20, its Board of Directors resolved to suspend the company's future quarterly cash dividend. The Board's determination reflects its ongoing review of the company's capital-allocation priorities and its focus on deploying capital to support long-term value creation for shareholders, including reducing debt, minimizing related interest expense and strengthening financial flexibility. The Board will continue to evaluate the company's capital allocation priorities as part of its regular governance process. Any future declaration and payment of dividends, and the amount thereof, will remain subject to the discretion of the Board and will depend upon the company's results of operations, financial condition, capital requirements, contractual restrictions, applicable law, and such other factors as the Board deems relevant.
Shutterstock CEO Paul Hennessy Resigns, CFO Rik Powell Appointed Interim CEO
Shutterstock announced that Paul Hennessy has stepped down as the company's CEO and as a member of the Board of Directors, effective immediately. The Board has appointed Rik Powell, the company's CFO, to serve as Interim CEO, effective immediately. Powell has served as the company's CFO since November 2024 and started with the company in June 2024 as Senior Vice President, Finance and Investor Relations. He will continue to serve as the company's CFO during this transition. To facilitate a seamless leadership transition, Hennessy will remain with the company in a non-executive advisory capacity through August 7. The Board is also planning to engage a strategic advisor to assist the company in formulating its go-forward strategy.
Esta página es solo para investigación y no constituye asesoramiento de inversión. Los modelos pueden equivocarse. El rendimiento pasado no garantiza resultados futuros.








