The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared ...
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
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 ...
Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while ...
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition ...
The giant commercial photo and video providers are grappling with the emergence of artificial intelligence tools that have ...
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
Getty Images and Shutterstock have announced that they are to merge, forming a new $US3.7 billion ($AU 5.94 billion) company ...