Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
Before Tuesday's opening bell, Seattle-based Getty and stock-photo rival Shutterstock said they would merge to form a company worth about $3.7 billion. The combined companies would aim to meet booming ...
Shutterstock said it has hired Matt Furlong to help shape the strategy, operations and growth of the stock-photo company's marketplace division, which houses its individual-user products and solutions ...
BofA analyst Curtis Nagle moved to No Rating on Shutterstock (SSTK) after the company and Getty Images (GETY) entered into a definitive merger ...
Getty Images announced that it would buy rival Shutterstock to create a $3.7 billion visual content company which is set to ...
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 for the artificial intelligence (AI) era, in a deal likely to draw antitrust ...
The merger comes at a time when companies that use still images are facing increased competition from images generated by ...
The visual content industry is witnessing a seismic shift as Shutterstock and Getty Images, two of the biggest players in the ...
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Getty and Shutterstock to merge
Two of the world's largest picture agencies, Getty Images and Shutterstock, announced plans to merge on Tuesday in a move that will create a giant in the visual content sector.
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...