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Shutterstock

Stock content marketplace with multi-year data licensing agreements supplying training data to major AI developers.

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Shutterstock licenses its stock photo, video, and audio library, along with human-written metadata, to AI companies under multi-year data agreements, including a six-year deal with OpenAI. According to Shutterstock’s reporting, the data-licensing business generated $104 million in revenue in fiscal 2023, and the company has separately disclosed licensing relationships with Meta, Alphabet, Amazon, and Apple.

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