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UK CMA issues final Phase 2 report on Shutterstock-Getty merger
CMA issued final report on Phase 2 review of Shutterstock's merger with Getty Images on May 15, 2026.
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Shutterstock settles FTC probe for $35M; agrees to change subscription practices
FTC filed civil complaint on May 13, 2026 alleging violations of FTC Act and ROSCA.
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Shutterstock Q1 revenue falls 18% to $199M; net loss $47.6M; CMA suggests selling assets for Getty merger
Revenue $199.2M, down 18% YoY; net loss $47.6M vs net income $18.7M; adj. EBITDA $42.7M, down 33%.
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Shutterstock declares $0.36 per share quarterly dividend
Cash dividend of $0.36 per common share declared on April 20, 2026.
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DOJ unconditionally clears Getty-Shutterstock merger; UK CMA review ongoing
DOJ concluded antitrust review; HSR waiting period expired without conditions.
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Shutterstock: CMA provisionally finds merger with Getty may harm UK editorial competition
CMA interim report finds merger not expected to harm global stock content competition.
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Shutterstock reports record FY2025 revenue $989.9M (+6%); Q4 revenue down 12%
FY2025 revenue $989.9M (+6% YoY); net income $45.5M ($1.25 diluted EPS); adjusted EBITDA $271.8M (27.5% margin).
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Shutterstock declares $0.36 per share dividend, record March 5, payment March 19
Cash dividend of $0.36 per common share declared by Board on Jan 26, 2026.
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Shutterstock stockholders elect directors, approve say-on-pay at annual meeting
Class III directors elected: Oringer (28.3M for, 886k withhold), Bhasin (28.6M for, 607k withhold), Teevan (29.0M for, 144k withhold).
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Shutterstock CEO awarded $8.5M RSUs tied to retention through Getty merger closing
375,110 RSUs granted to CEO Paul Hennessy on Dec 1, 2025, valued at $8.5M.
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Shutterstock declares $0.33 Q4 dividend; 2025 annual meeting set for Dec 22
Dividend of $0.33 per share, record date Dec 4, payable Dec 18, 2025.
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Shutterstock Q3: Revenue $260.1M (+4%), net income $13.4M down, adjusted EBITDA $79.4M (+13%)
Revenue $260.1M (+4% YoY); Content fell 5% to $194.4M, Data/Dist/Services surged 40% to $65.7M.
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UK CMA refers Shutterstock/Getty Images merger to Phase 2 review
CMA referred proposed merger of Shutterstock and Getty Images to Phase 2 review process.
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UK CMA intends to refer Shutterstock-Getty Images merger to Phase 2 review
UK's Competition and Markets Authority (CMA) notified Shutterstock of intent to refer merger to Phase 2 unless acceptable undertakings are offered.
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Shutterstock and Getty Images waive debt refinancing condition for pending merger
Shutterstock and Getty Images waived condition requiring refinancing of Getty's debt to maturity ≥ Feb 2028.
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Chief Marketplace Officer Matt Furlong resigns effective Sept 2, 2025; no disagreement
Matt Furlong resigns as Chief Marketplace Officer, effective September 2, 2025, to take a role outside Shutterstock.
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Shutterstock Q2 2025 revenue $267M (+21%), net income $29.4M, record EBITDA $82.2M
Revenue $267M (+21% YoY); net income $29.4M ($0.82 EPS) vs $3.6M ($0.10) in Q2 2024.
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Shutterstock declares $0.33/share quarterly dividend payable Sept 18, 2025
Cash dividend of $0.33 per common share declared by Board of Directors.
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Shutterstock stockholders approve merger with Getty Images; ~82% of shares voted in favor
Approximately 82% of outstanding shares voted for the merger (28,849,499 for, 112,327 against, 80,887 abstain).
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Shutterstock supplements proxy with financial forecasts and valuation details to address merger-related litigation
Two stockholder lawsuits filed against Shutterstock and board alleging false/misleading proxy; company voluntarily supplements.
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Shutterstock Q1 revenue $242.6M (+13% YoY); EPS $0.53, adj. EPS $1.03
Revenue $242.6M (+13% YoY); Content revenue $202.9M (+17% YoY) driven by Envato acquisition.
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Shutterstock declares $0.33 per share cash dividend, payable June 19, 2025
$0.33 per common share cash dividend declared by Board on April 21, 2025.
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Shutterstock and Getty Images receive DOJ Second Request for merger review
DOJ issued Second Request under HSR Act, extending waiting period until 30 days after substantial compliance.
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Shutterstock files updated Envato financials for Getty Images merger S-4
Envato acquisition total consideration finalized at ~$250M after working capital adjustments.
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Shutterstock posts record FY 2024 revenue of $935.3M, up 7% YoY; Q4 revenue up 15%
Full year revenue $935.3M (+7% YoY); net income $35.9M vs $110.3M in 2023 due to non-recurring bargain purchase gain.
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Shutterstock declares $0.33/share dividend, payable March 20, 2025
Cash dividend of $0.33 per common share declared by Board on January 27, 2025.
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Shutterstock appoints Matt Furlong as Chief Marketplace Officer
Matt Furlong to lead Marketplace division effective January 13, 2025.
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Shutterstock to merge with Getty Images; mixed election gets $9.50 cash and 9.17 GETY shares per SSTK share
Consideration per SSTK share: $9.50 cash + 9.17 GETY shares (mixed), $28.85 all-cash, or 13.67 GETY shares all-stock; elections subject to proration.
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Shutterstock CFO Jarrod Yahes resigns; Rik Powell appointed CFO effective Nov 1
Jarrod Yahes resigns as CFO effective Nov 1, 2024; remains as advisor through Dec 31.
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Shutterstock reports record Q3 revenue $250.6M, EBITDA $70.0M; raises FY guidance; appoints new CFO
Q3 revenue $250.6M (+7% YoY); Content revenue $203.7M (+14% on Envato contribution).
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Shutterstock declares $0.30 per share dividend, payable Dec 13, 2024
Board declared a cash dividend of $0.30 per common share on October 21, 2024.
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Shutterstock completes Envato acquisition for ~$250M; files financials with qualified audit opinion
Acquisition of Envato closed July 22, 2024 for approximately $250M in cash.
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Shutterstock Announces Departure of John Caine as Chief Product and Digital Officer; Reaffirms 2024 Guidance
John Caine's employment as Chief Product and Digital Officer will end effective August 23, 2024.
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Shutterstock Q2 rev $220.1M (+5% YoY), Adj EBITDA $62.1M, closes Envato buy for $250M
Revenue $220.1M (+5% YoY); Net income $3.6M vs $50.0M due to prior-year bargain purchase gain
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Shutterstock closes $250M acquisition of Envato, doubling subscriber base to 1.15M
Aggregate consideration ~$250M after working capital adjustments; closed July 22, 2024.
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Shutterstock declares $0.30/share cash dividend
Dividend of $0.30 per common share declared by Board on July 22, 2024.
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Shutterstock appoints Microsoft Chief Scientist Jaime Teevan to board of directors
Jaime Teevan appointed as Class I director effective July 8, 2024; term expires at 2025 annual meeting.
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Shutterstock grants CEO Paul Hennessy $8.5M equity award vesting July 2026
Board approved $8.5M award: $6.375M in PSUs (162,544) and $2.125M in RSUs (54,181), both vesting July 1, 2026.
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Shutterstock shareholders approve 3.5M share increase in equity incentive plan
Amendment to 2022 Omnibus Equity Plan passed: 25.2M For, 6.97M Against, 681k Abstain.
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Shutterstock beats Q1 expectations, acquires Envato for $245M cash
Q1 revenue $214.3M flat YoY; net income $16.1M ($0.45 diluted EPS); adj. EPS $1.13.
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Shutterstock declares $0.30 per share quarterly dividend
Cash dividend of $0.30 per common share declared on April 22, 2024.