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.
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content ...
Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger ...
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.