Records / Licensing deals

$104 million revenue in 2023 from AI licensing

Shutterstock to Multiple AI companies: AGGREGATE: Shutterstock's 2023 revenue from licensing its library to AI companies (all buyers).

Dated 31 Dec 2023Source checked 4 Jun 2024Quote found on its page again 17 Oct 2026Basis: stated

In the source's own words
“The licensing business with AI companies produced $104 million in revenue last year, Chief Executive Officer Paul J. Hennessy said in an interview.”
Where it was read
Shutterstock to Multiple AI companies: AGGREGATE: Shutterstock's 2023 revenue from… | AIData.Broker