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Getty Images, Shutterstock agree to merge in $3.7 billion deal. Here's what to know.
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 Getty Images Holdings,
Getty Images and Shutterstock Are Merging. Here’s Why Photographers Are Less Than Thrilled
After Getty Images announced plans for a $3.7 billion merger with competitor Shutterstock, photographers spoke about the effects of the deal.
Getty Images, Shutterstock agree to merge in $3.7B deal as AI competition heats up
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.
Getty Images buying Shutterstock to create a $3.7 billion visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company.
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 Plans $3.7B Merger With Rival Shutterstock
The giant commercial photo and video providers are grappling with the emergence of artificial intelligence tools that have flooded the internet with AI-created images.
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
Getty and Shutterstock Merge to Create $3.7B Visual Giant
Getty Images and Shutterstock announced a merger to create a $3.7B company & boost content, innovation, and AI challenges.
Getty Images Merges with Shutterstock for Major Synergies
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Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
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 era, in a deal likely to draw antitrust scrutiny.
One Stock Image to Rule Them All? Getty Images and Shutterstock Are Merging
The companies claim the merged company will 'be well-positioned to meet the evolving needs of creative, media, and advertising industries.' Will the new Trump admin let it fly?
22h
The Future Of Stock Media After Getty And Shutterstock Join Forces
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
2d
on MSN
2 of the largest stock photo platforms are merging, sending their shares up
The combined company, which will be called Getty Images, will be worth $3.7 billion, Getty said on Tuesday.
1d
on MSN
Coronation Street's Colson Smith 'already knew' he was getting axed and reveals next career move
Colson Smith shared with Coronation Street actors Jack P Shepherd and Ben Price what's next for him after Weatherfield ...
22h
What's Happening With Adobe Stock?
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
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