Shutterstock will layoff most of Envato within a year. They’ve been treading water for years with acquisitions and routinely roll the acquired catalog into their base. They are essentially an asset acquisition firm who has spent the last 10 years rewriting their core website and missing the boat on ML technologies. Most of this is due to the rotating door of visionary CEOs and CTOs. Best download your media and licenses now.
This is terrible news. I loved using Envato for quick graphics, or various other design work on side projects. I can only imagine the quality drop when Shutterstock acquires them. RIP Envato, you had a good run. Time to cancel my subscription.