This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
The merger comes at a time when companies that use still images are facing increased competition from images generated by ...
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content ...
From Meta’s content moderation and Nvidia’s GeForce RTX 50-series chips to the Getty Images-Shutterstock merger– here's all ...
The combined company, which will be called Getty Images, will be worth $3.7 billion, Getty said on Tuesday.
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.
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.