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Shutterstock Reports Fourth Quarter and Full Year 2020 Financial Results News provided by Share this article Share this article NEW YORK, Feb. 11, 2021 /PRNewswire/ Shutterstock, Inc. (NYSE: SSTK) (the Company ), a leading global creative platform offering full-service solutions, high quality content, and tools for brands, businesses and media companies, today announced financial results for the fourth quarter and full year ended December 31, 2020. Commenting on the Company s performance, Stan Pavlovsky, the Company s Chief Executive Officer, said, Shutterstock had an exceptionally strong finish to 2020, with revenue growth acceleration across all geographies and channels, including a return to growth in our Enterprise channel. The momentum we have exhibited in evolving our business towards a subscription model is encouraging and I believe we are well positioned heading into 2021. ....
Week in Review, Jan. 25-29: Oil and Gas Anxiety, TurboSquid Sale and More 01/29/2021 Getty Images NEW ORLEANS – Here, from staff and wire reports, are the city’s biggest business stories of the week: Oil and Gas Industry Bristles Over Restrictions President Joe Biden on Wednesday signed an executive order halting new leases for oil and natural gas development on federal land, a move criticized by the industry and some state governors. “We’re going to review and reset the oil and gas leasing program,” Biden said Wednesday at the White House. Biden said his administration is going to “properly manage lands and waterways in ways that allow us to protect, preserve them and the full value that they provide for us for future generations,” adding that his administration won’t ban fracking. … Oil and gas companies are ....
1/26/21 Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced that it entered into a definitive agreement to acquire TurboSquid, Inc., positioning Shutterstock as the world s largest 3D marketplace. For over 20 years, TurboSquid has been a 3D industry leader, offering a unified 3D workflow, and operating a marketplace offering of more than one million 3D models, a 2D marketplace derived from 3D objects, and a digital asset management solution offered on a SaaS basis. Since its inception in 2000, TurboSquid has enabled the creation, optimization, publishing and monetization of 3D models, while accelerating time to market and reducing development hours via its proprietary technology. ....