Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
Before Tuesday's opening bell, Seattle-based Getty and stock-photo rival Shutterstock said they would merge to form a company worth about $3.7 billion. The combined companies would aim to meet booming ...
Shutterstock said it has hired Matt Furlong to help shape the strategy, operations and growth of the stock-photo company's marketplace division, which houses its individual-user products and solutions ...
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
The merger comes at a time when companies that use still images are facing increased competition from images generated by ...
GETTY IMAGES said on Tuesday it would merge with rival Shutterstock to create a $3.7-billion stock-image powerhouse geared for the artificial intelligence (AI) era, in a deal likely to draw antitrust ...
Getty Images announced that it would buy rival Shutterstock to create a $3.7 billion visual content company which is set to ...
Getty Images & Shutterstock merge into a $3.7B media giant, combining their vast libraries & resources to redefine the visual ...
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Getty and Shutterstock to merge
Two of the world's largest picture agencies, Getty Images and Shutterstock, announced plans to merge on Tuesday in a move that will create a giant in the visual content sector.
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
Shutterstock and Getty Images have announced plans to merge. This will directly affect Shutterstock and its family of brands ...
Shutterstock is merging with Getty Images to create a company valued at $3.7 billion, bringing together two of the world's ...