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Getty Images Buys Shutterstock For $3.7 Billion

Getty Images And Shutterstock Merge To Create $3.7B Visual Content Giant

Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ticker symbol "GETY." Craig Peters, current CEO of Getty Images, will lead the merged entity, while Shutterstock's CEO Paul Hennessy will join the eleven-member Board of Directors.

USA TODAY on MSN · 1d

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,

The Associated Press on MSN · 1d

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.

DPReview on MSN1d

Getty Images buys rival Shutterstock to create "Premier Visual Content Company"

The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.

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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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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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