Getty "provides wire service photography and video to news outlets and businesses globally," while Shutterstock ...
The combined company, which will be called Getty Images, will be worth $3.7 billion, Getty said on Tuesday.
Two giants of the stock image industry, Getty Images and Shutterstock, are merging to create a $3.7 billion powerhouse built ...
News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a ...
Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger ...
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition ...
Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while ...
Both companies, in response to the evolving tech, have introduced their own generative AI tools that allow customers to edit images in their ... “We expect the merger to produce value for ...
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
Getty Images announced that it would buy rival Shutterstock to create a $3.7 billion visual content company which is set to ...
Even more notable, though, might be the merger's timing ... While Getty and Shutterstock both offer their own AI image generators, there has been a rapid "emergence of generative AI technologies ...