Shutterstock boss Paul Hennessy likewise hinted at technological innovation opportunities like A.I. in a brief statement. Getty Images and Shutterstock have each already been forced to respond to ...

In total, Getty expects to pay $331 million plus 319.4 million shares of its stock to acquire Shutterstock. At today's share price, that works out to a valuation of about $1.35 billion on Shutterstock ...

The merger comes amid the rise of text-to-image AI tools from companies like OpenAI, Google, Microsoft, and Adobe. In 2023, Getty Images responded to the trend by launching an image generator ...

Image licensing platforms like Getty and Shutterstock are facing ... The company will continue to use the Getty Images name and branding. The press release also outlined several advantages the ...

Understanding how to leverage AI effectively to develop images is a key challenge. Grant Farhall, Chief Product Officer at Getty Images, shares insight on best practices.