Opportunities & Challenges from the Getty Images and Shutterstock Merger
Advertising Production Resources (aka APR Consulting)
APR helps brands figure out how best to produce their marketing content and brand experiences. #productionoptimists
What this $3.7 billion merger means for your creative production, and the future of generative imaging. Whether using an in-house team or external agency, every brand should be prepared.?
The merger of Getty Images and Shutterstock presents a major shift for brands engaged in creative production.
What we’re seeing here is the evolution of convergence, from piecemeal acquisitions to accelerated and compounded growth. Brand marketers of the near future will be worrying less about maintaining high image quality and true indemnification as generative training pools grow in ethical and legal ways. ?
Here, APR defines some of the opportunities, challenges, and preparation strategies for brands involved in creative production.?
?
Opportunities for Brands?
Access to Expanded Content Libraries?
“The merger could also facilitate partnerships where brands co-create collections or sponsor content tailored to their audience, enhancing brand visibility,” says Gaytana Carrino , APR Managing Advisor for Content Creation.?
Improved Generative AI Tools?
Streamlined Workflow Efficiency?
Innovation in Visual Storytelling?
Ethical and Legal Assurance?
?
Challenges for Brands?
Increased Competition for Unique Visuals?
“If the merger significantly reduces payouts to the content creators or undervalues their work, it could lead to a drop in the quality or diversity of submissions over time,” says Carrino.?
Adapting to New AI Tools and Processes?
Cost Considerations?
领英推荐
Ethical and Branding Risks?
Dependency on Consolidated Platforms?
?
How Marketing & Creative Production Teams Should Prepare?
Audit and Diversify Content Sources?
Invest in Training and Upskilling?
Define Brand Guidelines for AI Use?
Focus on Differentiation?
Evaluate Budget Allocations?
“Larger brands may have more leverage in negotiations, while smaller brands may struggle with higher costs or inflexible licensing models for premium content,” notes Carrino.?
Monitor Industry Trends and Innovations?
?
Key Takeaway?
The Getty-Shutterstock merger represents both an opportunity and a challenge for brands involved in creative production. By leveraging the enhanced tools and content libraries while proactively addressing potential risks, brands can remain competitive, creative, and authentic in an evolving visual content landscape. Preparing for this change will require strategic investment in people, processes, and technology, as well as a focus on maintaining a unique brand voice in an increasingly AI-driven industry.?