2 of the largest stock photo platforms are merging, sending their shares up
"We see increased usage in our stock content from our AI customers, and we're seeing new customers coming into the franchise for our AI products," Hennessy said. "There's a one pl
Getty Images and Shutterstock are merging into one stock photo powerhouse
Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger will allow the companies to expand their stock photo libraries as they face increasing competition from AI-powered image creation tools.
Getty Images, Shutterstock agree to merge in $3.7 billion deal. Here's what to know.
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.'
Seattle’s Getty Images will buy Shutterstock, creating company worth $3.7B
Seattle’s Getty Images is acquiring Shutterstock to create a business worth approximately $3.7 billion, the companies announced Tuesday.
Getty Images and Shutterstock to merge to form $3.7B stock photo giant
Shutterstock shareholders will own 45.3%. also owns the iStock and Unsplash brands. The company will simply be called . As part of the deal, Shutterstock shareholders can decide to receive $28.80 per share in cash,
Shutterstock and Getty Images will join to become a $3.7B visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company
Shutterstock, Getty Images Stocks Soar on Merger News
Key Takeaways Getty Images and Shutterstock are teaming up in what Getty called a merger of equals.The deal between the two providers of stock images and video is designed to meet the changing needs of the creative,
US Photo Agencies 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.
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