The companies are two of the largest in the visual content business. They provide editorial photographs and stock images used ...
Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...
News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a share on Monday.
If the deal closes, the combined company will be led by Craig Peters and called Getty Images Holdings, Inc and keep trading on the New York Stock Exchange as GETY. The company expects to achieve cost ...
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...
Visual media giants Getty Images Holdings Inc. and Shutterstock Inc. today announced a deal to merge into a single visual content company with an enterprise value of about $3.7 billion.
Getty CEO Craig Peters will lead the combined company, which will have annual revenues of nearly $2 billion and stands to benefit from Getty’s large library of visual content and the strong community ...
The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence.
Merged company will be well-positioned to meet the evolving needs of creative, media, and advertising industries through combined investment in ...
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 increased competition from images ...