Shutterstock and Getty: A $3.7 Billion Visual Content Giant
Visual content developers and entertainment and media investors were elated when Shutterstock (NYSE: SSTK) and Getty Images (NYSE: GETY) announced that they were merging. This $3.7 billion deal will combine two of the biggest names in stock photography,
The Future Of Stock Media After Getty And Shutterstock Join Forces
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.
Getty Images and Shutterstock Agree To Merge To Dominate Visual Content, Shares Jump
Getty Images Holdings, Inc. (NYSE:GETY) and Shutterstock, Inc. (NYSE:SSTK) shares are trading higher premarket on Tuesday after the companies entered a deal to create a visual content company in a merger of equals.
Strategic Merger between Shutterstock and Getty Images Drives Buy Recommendation Amid Competitive Pressures
Analyst Youssef Squali of Truist Financial maintained a Buy rating on Shutterstock (SSTK – Research Report), retaining the price target of
Getty Stock Loses Shutterstock Merger Pop
Shares of Holdings dropped close to an all-time low, shedding gains made Tuesday after the company announced its merger with Shutterstock. The visual content company's stock was down more than 16% at $2.
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.
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 buying Shutterstock to create a $3.7 billion visual content company
The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence.
$TOCKHOLDER ALERT: The M&A Class Action Firm Is Investigating the Merger - SSTK, NARI, POAI, YERBF
NEW YORK, NY / ACCESSWIRE / January 9, 2025 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered ...
Why Shutterstock (SSTK) Stock Is Trading Up Today
Shares of stock photography and footage provider Shutterstock (NYSE:SSTK) jumped 39.8% in the pre-market session after the ...
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The Merger That’s Powering Shutterstock’s (SSTK) 2025 Outlook—And Stock Price
The leadership of both companies brings a wealth of expertise and vision for the future. Following the merger, Craig Peters, CEO of Getty Images, will take the helm as CEO of the combined company, ...
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Getty Images, Shutterstock Surge On Confirmation Of $3.7B Merger: Retail Applauds The Move
Shares of Getty Images Holdings, Inc. ($GETY) and its New York-based rival Shutterstock, Inc. ($SSTK) surged in Tuesday’s pre ...
Shutterstock (SSTK) Shares Skyrocket, What You Need To Know
Shares of stock photography and footage provider Shutterstock (NYSE:SSTK) jumped 9.3% in the afternoon session after ...
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Shutterstock Inc (SSTK) Stock Rating Resumed by Morgan Stanley
Morgan Stanley has recently resumed Shutterstock Inc (SSTK) stock rating, as announced on February 22, 2024, according to Finviz. Earlier, on October 19, 2023, BofA Securities had resumed the stock to ...
Getty Images shares climb over 50% on confirmed Shutterstock merger
Getty Images (GETY) and Shutterstock (SSTK) to merge in a $3.7 billion deal, creating a visual content powerhouse with ...
Shutterstock Appoints Matt Furlong as Chief Marketplace Officer
"Matt's extensive leadership experience and deep operational expertise will be a valuable asset to Shutterstock," said Paul ...