Shutterstock: brands it owns and its ownership tree
Shutterstock (NYSE: SSTK) is a publicly listed company headquartered in New York, New York, United States that owns 1 consumer brand, and has 1 recorded transaction.[1]
Shutterstock licenses stock photography, video and music, and was founded in 2003 by a photographer who could not find a market for his own images. It bought Giphy from Meta in 2023 for a fraction of what Meta had paid, because a competition regulator had ordered the sale.
Meta sold Giphy to Shutterstock for a reported $53 million, about a sixth of what it had paid three years earlier, to comply with the divestiture ordered by the Competition and Markets Authority.