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 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 shock the world with $3.7 billion merger deal
Getty Images announced that it would buy rival Shutterstock to create a $3.7 billion visual content company which is set to become a powerhouse in the industry.
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.
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, 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.
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.
Shutterstock & Getty Images have announced plans to merge
Shutterstock and Getty Images have announced plans to merge. This will directly affect Shutterstock and its family of brands including TurboSquid, Pond5,
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 And Shutterstock To Merge In A $3.7 Billion Deal
Getty Images (GETY) announced on Tuesday that it will merge with its rival, Shutterstock (SSTK), to create a single, premier visual content company worth
Getty Images Merges with Shutterstock for Major Synergies
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Shutterstock and Getty Images will join to become a $3.7 billion visual content company
The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader ...
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