U.S. markets open in 5 hours 54 minutes

Shutterstock, Inc. (SSTK)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
98.70+0.73 (+0.75%)
At close: 4:00PM EDT
Sign in to post a message.
  • J
    Jo Ann
    Shutterstock's business is dependent on licensing images & video it doesn't own - we, the contributors own the copyright and just give them permission to license it in return for royalties. I have been a contributor at Shutterstock since 2004, and their royalties, while low, were reasonable given the volume of sales they were able to produce. Yesterday, June 1, I disabled my entire portfolio because they gutted royalties paid to contributors. There was the usual "blah blah" about how this was more "fair" and the potential upside, but that was a smokescreen. Anyone who has licensed images for years and can put together a spreadsheet could see how damaging the cuts would be. Those who couldn't saw for themselves as their royalties plummeted. More and more are pulling their portfolios because these rates are too low to support creating content for Shutterstock. Watch the exodus - first the contributors, and the buyers will follow. There are other agencies and most of us sell there too. Massive own goal on Shuttersock's part. Check twitter for #BoycottShutterstock and you'll see
  • A
    Anonymous
    Going back to $60. Way overvalued. Contributors are leaving after they reduced percentage of their commission last year. Bloodsuckers running the company. Buy from Adobe Stock instead. Or Pond5 for video.
  • T
    Tom
    Since June 1e 2020, Shutterstock announced with a 4 day's notice that they will cut the payment to creative contributors to 1/3 of the normal amount. This is a desperate action to increase their numbers for their next quarter. My advice, sell it now. It will only get worse from here.
    Bearish
  • M
    Michele
    We contributors of stock photography were already getting paid peanuts, now it's 66% fewer peanuts. Previously made about 33 cents per image, now it's 10 cents. Am putting a hold on any further licensing of my images with Shutterstock and not contributing any new images until they come to their senses and treat their contributors fairly.
    Bearish
  • M
    Marek
    I wouldn’t trust this company at all. Check this official contributor forum as they are stealing money:
    https://forums.submit.shutterstock.com/topic/100133-new-earnings-structure-for-contributors/
    In an email that is going out today, we are announcing that we will be updating the earnings structure that determines how much you get paid when customers license your work. We are making this adjustment in order to reflect changes in the market for
    In an email that is going out today, we are announcing that we will be updating the earnings structure that determines how much you get paid when customers license your work. We are making this adjustment in order to reflect changes in the market for
    forums.submit.shutterstock.com
    Bearish
  • J
    John
    Fantastic, amazing report! Stock price going to $90 very soon!
    Bullish
  • D
    Dimitar
    When a company starts cashing in the years of work for the next quarter report, you know what to expect. They just slashed the royalties for the contributors reducing them to peanuts. This is unsustainable even for the developing world, let alone for the rest. They don't seem to care. Some contributors are deactivating portfolios, some are deleting assets as a warning sign, some are holding new uploads. The forums are burning with discussions how to fight back to this irresponsible decision.One thing is for sure. The days of this company ruling the stock market are long gone and they have just sealed their faith. They don't seem to care, so why should you. Flee the sinking ship. Don't say we didn't warn you.
    Bearish
  • J
    Joe
    Perfect time to dump all Shutter Stocks TODAY. I sold all the Shutterstock early this morning for a simple good reason: Stan Pavlovsky and his cronies. Together, they will burn Shutterstock employees, customers and shareholders to the ground soon.
    https://www.cnbc.com/2020/02/27/inside-shutterstocks-free-speech-rebellion.html
    Censorship and China. Months earlier, at the request of the Chinese government, Shutterstock had begun censoring a few searches for users based in China on politically volatile subjects like “Taiwan flag.” Stan Pavlovsky, a disgraced executive and his cronies at Shutterstock, told employees who disagreed with the blacklist on free speech are free to seek jobs elsewhere.
    "Employees have a lot of opportunities to work here, to work elsewhere," a company executive said in response to questions about the company's China deal.
    "Employees have a lot of opportunities to work here, to work elsewhere," a company executive said in response to questions about the company's China deal.
    www.cnbc.com
  • J
    John
    Amazing report! Fantastic positive guide forward for the year! Also, incredible positive margin expansion! Stock price will head much higher!
    Bullish
  • E
    Eliya
    Disabled my 14.000 images portfolio in on Shutterstock in protest of their payments of 10 cents per image. As per recent press - at least 8.000 000 were disabled by other contributors. Not a company to work for.
  • J
    John
    More great news from the report: 4Q Subscribers increased 45%!
    Bullish
  • A
    Anonymous
    We work hours creating content for this company and in return they pay you 10 cents for a sale. I am disabling my 23,000 images. I can only hope this company fails.
  • S
    Sherry
    I'm dumping this stinker. It appears that they're actively trying to get rid of their entire contributor base by cutting commissions by about 65%. Looks like it's working too. I just did a search on some popular current topics (hydroxychloroquine, covid-19, etc) and I swear some of the top photos that were there a few days ago are missing. I'm just a small time shareholder and I noticed it. How long before their customers notice it too?
  • J
    Joe
    Shutterstock employees, customers and shareholders must fire its Board of Directors, CEO Stan Pavlovsky and cronies before it destroying your values, cultures and digging massive graves for you.
    https://www.wsj.com/articles/china-is-the-real-sick-man-of-asia-11580773677
    Its financial markets may be even more dangerous than its wildlife markets.
    Its financial markets may be even more dangerous than its wildlife markets.
    www.wsj.com
  • A
    A
    Why is this up 21% AH?....
  • D
    Dallas
    Who in the world is giving this a 4 P/B for what? Servers? That Shutterstock name is DEFINITELY not worth 75% of it's value and it's about to be even worse ... and declining revenues don't leave this much promise either. You price it with your eyes closed?
  • J
    Jack
    Shutterstock is becoming another great Growth Company.. it is setting earnings records and acquiring other companies.. great things ahead
  • Y
    Yelena
    They are paying 10c per image download. I am a contributor and I have disabled my portfolio as well. You cannot produce eggs if you starve your chicken till it dies...
  • m
    money_insider_stocknews
    Shutterstock, Inc. (SSTK)
    , Chief Accounting Officer, Clardiello Steven Filled Form 4, on 03/22/2021, Disposed 13,675 shares, at Price $89.55 worth $1,224,627. Follow On Instagram, money_insider_stocknews
    Facebook, @Earnegy
    For Stocks Inside News and Details.
  • J
    Jo Ann
    Take a look at the firestorm Stan Pavlovsky started with royalty cuts June 1

    https://www.insideimaging.com.au/2020/shutterstock-contributors-unite-to-form-coalition/

    The Q2 earnings call will be very interesting...
    Thousands of furious Shutterstock contributors have banded together under the umbrella of the Stock Coalition, disabling their portfolios and removing an estimated 8 million images…
    Thousands of furious Shutterstock contributors have banded together under the umbrella of the Stock Coalition, disabling their portfolios and removing an estimated 8 million images…
    www.insideimaging.com.au