Shutterstock Sold Its Photos to OpenAI — Then Cut Its Dividend to $0
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Shutterstock Sold Its Photos to OpenAI — Then Cut Its Dividend to $0
Shutterstock licensed its entire archive — images, video, music — to OpenAI as AI training data. Now the same generative models make those images on demand for free, and Shutterstock's core stock-photo revenue is shrinking. The one-time AI licensing check was supposed to backfill the gap. Instead that segment collapsed 47% last quarter ...
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