AI Data Deal TrackerDeal brief
Lightricks licenses Shutterstock video library under a new research license
Lightricks will license Shutterstock's video library to train its open-source LTX Video model and is the first partner on Shutterstock's research license.
JERUSALEM and NEW YORK, December 13, 2024 Lightricks and Shutterstock announced on December 13, 2024 that Lightricks will license Shutterstock's video library to train its open-source LTX Video (LTXV) model using HD and 4K assets. Financial terms were not disclosed.1
Terms of the deal
Lightricks is the first global partner to use Shutterstock's research license, which lets partners train on licensed data before committing to a full commercial license. Shutterstock's library holds more than one billion royalty-free assets, including images, videos, music and 3D models.1 The release did not state fees or duration.
The public record on this agreement is limited to the announcement and the press coverage cited below. The price is listed here as: Undisclosed. The status shown, Announced, reflects the most recent reporting available on October 22, 2026, and any later amendments are not captured.
Background
The partnership followed Lightricks' November 2024 release of LTXV 0.9 to the open-source community. Shutterstock's Global Head of Data Licensing and AI, Daniel Mandell, said the company wants partners to train on trusted, licensed data from the start.1
What it means for data sellers
Staged license structures are a model for sellers who want to attract smaller AI builders. Offering a lower-cost research tier can create a pipeline to commercial agreements.
A seller comparing this deal with its own situation should ask what the buyer actually receives: raw data, a license to train, a license to display, or a right to build a product. Each is priced differently, and the answer should be written into the agreement rather than inferred from a press release.
How the deal came together
- Open-source model. Lightricks released LTXV 0.9 in November 2024.
- Need for data. It sought HD and 4K licensed footage for further training.
- Research license. Shutterstock offered a license that lets partners train first and move to commercial terms later.
- Announcement. The deal was announced on December 13, 2024.
Takeaways for companies with data
- A research license lowers the entry barrier for buyers and can convert to a commercial deal.
- Licensed data can serve open-source model builders too.
- Staged licensing lets a seller test demand before committing to broad rights.
Sources
Every numbered reference above points to an entry here. Figures come from these pages as of the date shown at the top of the article. Where a source reports a number it got from unnamed people, the text says so.
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About the AI Data Deal Tracker
SellYourAIData tracks publicly reported sales and licenses of data to AI companies, with the price, terms and sources for each. Entries are checked against public reporting and updated as deals change. SellYourAIData was not involved in this deal. To ask what your company's data could sell for, get a free valuation. To report a deal, contact us.