ShutterStock Collection Part 04
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You can also load a collection of the endpoints into the REST API client Postman by clicking this button: (function (p,o,s,t,m,a,n) { !p[s] && (p[s] = function () { (p[t] (p[t] = [])).push(arguments); }); !o.getElementById(s+t) && o.getElementsByTagName(\"head\")[0].appendChild(( (n = o.createElement(\"script\")), (n.id = s+t), (n.async = 1), (n.src = m), n )); }(window, document, \"_pm\", \"PostmanRunObject\", \" \"));
A 500 Internal Server Error response means that an error happened on the server.This can mean that the request is not valid, such as if you try to delete or edit a collection that does not exist, or if the API otherwise can't do what you requested.It can also mean a temporary problem with the API.Check your request and try again or contact us.
Each type of subscription provides access to a specific media library; all API requests use only the media in that library, including search, details, and licensing requests.For example, when you search with a free subscription, the results are limited to images in the Free stock photos collection.For this reason, you might see different media by searching on the API versus searching on shutterstock.com.Before trying to license media, make sure that you can access it through the API with your API subscription.
Some endpoints require one or more scopes, or permissions, which let the user control what the application can do with the token.For example, to edit a user's collections, the token must include the collections.edit scope.Applications can request multiple tokens with different scopes or a single token with multiple scopes.
To get suggested keywords for an image, upload a base64-encoded image to the POST /v2/cv/images endpoint as with reverse image search.Then, use the upload ID that this endpoint returns to get suggested keywords from the GET /v2/cv/keywords endpoint.You can also use the ID of an existing image in the Shutterstock collection.In this case, the suggested keywords may not be the same as the keywords in the image metadata.
To help explain how it ordered the images, the AI lists features that are visible in the images, such as \"Person\" and \"Automobile.\"It also shows how well images with those features perform for the specified goal compared to other images.Analyzing these features is part of how the AI determines which images satisfy the goal.The features are listed only in English.
Editorial images have the is_editorial field set to true.To license these images, you must acknowledge the editorial agreement as part of the licensing request.You must include \"editorial_acknowledgement\": true in the request, as in the example in the right-hand pane.
You can use the licensing sandbox API to test your application's licensing, downloading, and license history code for images, video, and audio and verify that your subscription is working.Editorial licensing is not available in the sandbox.To use the sandbox, change the base URL of your requests to -sandbox.shutterstock.com.If you are using the JavaScript SDK, use the setSandbox method, as in the example in the right-hand pane (requires SDK version 1.0.11 or later).
Enterprise partners who are using Premier subscriptions must provide a metadata object on each media item to license.These partners customize their integration to have up to 4 metadata fields for tracking, grouping, or correlating licensing transactions on their invoices.Each integration requires a different set of metadata fields.
You can create collections of a single asset type, which are custom lists of a single type of Shutterstock asset, including images, videos, and audio tracks.You can create any number of collections and access them through the API or at shutterstock.com.Single-asset-type collections will be deprecated, so use catalog collections if your account has access to them.
Enterprise and SMB users organize media in catalogs, which include Shutterstock assets and files that users upload.These users can create catalog collections, which are custom lists of assets and files from a catalog.
Through the API, enterprise and SMB users can search catalogs, create catalog collections, and add Shutterstock assets to them, including images, videos, audio tracks, and editorial media.To add their own files and do other work with catalogs and catalog collections, they must access their catalogs with a web browser at shutterstock.com.
This endpoint gets more detailed information about a collection, including its cover image and timestamps for its creation and most recent update. To get the images in collections, use GET /v2/images/collections/{id}/items.
This endpoint gets more detailed information about a featured collection, including its cover image and timestamps for its creation and most recent update. To get the images, use GET /v2/images/collections/featured/{id}/items.
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Net income of $25.9 million, increased $21.5 million as compared to $4.4 million for the fourth quarter in 2019. Net income per diluted share was $0.70, as compared to $0.12 for the same period in 2019. This increase is due primarily to our margin expansion initiatives, which have resulted in lower operating expenses, and, in part, to our increased revenue in the fourth quarter of 2020, as compared to the fourth quarter of 2019.
Adjusted EBITDA of $48.5 million for the fourth quarter of 2020 increased by $24.4 million, or 101%, as compared to the fourth quarter of 2019, due primarily to our margin expansion initiatives, and, in part, to our increased revenue. The adjusted EBITDA margin increased to 26.8% from 14.5% in the fourth quarter of 2019.
Net income of $71.8 million increased $51.7 million as compared to $20.1 million for the full year 2019. Net income per diluted share was $1.97 as compared to $0.57 for the full year 2019. This increase is primarily due our margin expansion initiatives, which have resulted in lower operating expenses, and, in part, to our increased revenue in 2020, as compared to 2019.
Adjusted EBITDA of $154.9 million for 2020 increased $58.6 million or 61% as compared to the full year 2019, due primarily to our margin expansion initiatives, which have resulted in lower operating expenses, and, in part, to our increased revenue in 2020, as compared to 2019.
For the full year 2020, our cash and cash equivalents increased by $125.3 million to $428.6 million at December 31, 2020, as compared with $303.3 million as of December 31, 2019. This increase was driven by $165.1 million of net cash provided by our operating activities partially offset by $35.3 million used in investing activities and $4.6 million used in financing activities. Net cash provided by our operating activities was favorably affected by our increased operating income, in addition to changes in the timing of payments pertaining to operating expenses.
Cash used in investing activities primarily consists of $25.6 million related to capital expenditures, an investment of $5.0 million in a creative production and analytics platform, $3.0 million paid to acquire the rights to distribute certain digital content and $1.9 million associated with the acquisition of artificial intelligence driven music technology. Cash used in financing activities consists primarily of $24.4 million related to the payment of the quarterly cash dividends and $4.5 million paid in settlement of tax withholding obligations related to employee stock-based compensation awards, partially offset by $23.2 million of net proceeds from our Stock Offering, discussed below.
Shutterstock's management also uses the non-GAAP financial measures adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted net income per diluted share, revenue growth (including by distribution channel) on a constant currency basis (expressed as a percentage), billings and free cash flow, in conjunction with GAAP financial measures, as an integral part of managing the business and to, among other things: (i) monitor and evaluate the performance of Shutterstock's business operations, financial performance and overall liquidity; (ii) facilitate management's internal comparisons of the historical operating performance of its business operations; (iii) facilitate management's external comparisons of the results of its overall business to the historical operating performance of other companies that may have different capital structures and debt levels; (iv) review and assess the operating performance of Shutterstock's management team and, together with other operational objectives, as a measure in evaluating employee compensation and bonuses; (v) analyze and evaluate financial and strategic planning decisions regarding future operating investments; and (vi) plan for and prepare future annual operating budgets and determine appropriate levels of operating investments.
Shutterstock, Inc. (NYSE: SSTK), is a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies. Directly and through its group subsidiaries, Shutterstock's comprehensive collection includes high-quality licensed photographs, vectors, illustrations, videos and music. Working with its growing community of over 1.6 million contributors, Shutterstock adds hundreds of thousands of images each week, and currently has more than 360 million images and more than 21 million footage clips available.
Headquartered in New York City, Shutterstock has offices around the world and customers in more than 150 countries. The Company also owns Bigstock, a value-oriented stock media offering; Shutterstock Studios, an end-to-end custom creative shop; Offset, a high-end image collection; PremiumBeat, a curated royalty-free music library; and Shutterstock Editorial, a premier source of editorial images for the world's media. 153554b96e
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