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A $3.7 Billion Visual Content Giant
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,
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 to Merge Into $3.7B Visual-Content Company -- Update
Shares of both companies surged on the news, with Shutterstock advancing 19% to $35.80 and Getty rising 25% to $3.22, on track for its biggest percentage increase in nearly two years. Getty was founded in 1995 by Chairman Mark Getty and has traded publicly since 2021 after a merger with a blank-check firm.
Getty Images, Shutterstock merge to form $3.7B visual content powerhouse
The visual content industry is witnessing a seismic shift as Shutterstock and Getty Images, two of the biggest players in the field, announce their merger. The combined entity, valued at $3.7 billion,
Getty Images Weighs Major Merger With Shutterstock That Could Potentially Reshape Visual Content Market
Getty Images considers a merger with Shutterstock amid shifting market dynamics and antitrust concerns, highlighting challenges in the visual content sector.
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.
Getty Images announces merger with rival content firm Shutterstock
Alternatively, Shutterstock shareholders can choose to receive a mix of cash and Getty shares. shareholders will own about 54.7% of the combined company at closing an
Shutterstock and Getty Images to join and become huge visual content company
Visual content companies Shutterstock and Getty Images will join to become a 3.7 billion dollars (£3 billion) visual content company. The companies said on Tuesday that they have complementary portfolios, and the transaction creates a broader set of visual content products across still imagery, video, music, 3D and other asset types.
Getty Images buying Shutterstock to create a $3.7B visual content company
GETTY Images is 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 i
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.
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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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Shutterstock and Getty Images to join to become US$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 ...
WJHL-TV
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Getty Images and Shutterstock to merge to become $3.7 billion visual content company
NEW YORK (AP) —
Visual
content
companies Shutterstock and Getty Images will join to become a $3.7 billion
visual
content
company. The companies said Tuesday that they have complementary ...
23h
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 ...
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Smoke, reflections and portals: Adobe’s TransPixar takes AI VFX to the next level
Adobe and HKUST researchers unveil TransPixar, a breakthrough AI system that creates transparent visual effects from text prompts.
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