Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content ...
By Erik Hayden Executive Editor, Business Getty Images and Shutterstock, two of the globe’s biggest commercial photo, video and stock image marketplaces, are planning a $3.7 billion merger as the ...
Getty Images and Shutterstock are teaming up in what Getty called a merger of equals. The combination will create a company ...
Two giants of the stock image industry, Getty Images and Shutterstock, are merging to create a $3.7 billion powerhouse built for the age of artificial intelligence. According to a report by Reuters on ...
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 have agreed to merge in a $3.7bn (£2.9bn) deal, forming a combined entity under the name Getty Images Holdings, geared to monopolise the stock image market for creative, ...
The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence.
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 share on Monday.
The merger deliberations by Getty Images come as demand for pictures, videos and other media soars, with consumers increasingly spending more of their time online. Artificial intelligence is also ...
Billionaire Larry Ellison’s backing of Stargate could help grease the wheels for the embattled merger between Paramount ...
Getty Images and Shutterstock are joining forces, agreeing to a $3.7 billion merger to create a visual content company. The companies announced the merger on Tuesday and said it will be named ...