Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company.
The combined company, which will be called Getty Images, will be worth $3.7 billion, Getty said on Tuesday.
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
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 ...
Alternatively, Shutterstock shareholders can choose to receive a mix of cash and Getty shares. shareholders will own about ...
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
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 ...
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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