Getty Images, Shutterstock

Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw antitrust scrutiny.
Shutterstock and Getty Images Will Join to Become 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 to acquire Shutterstock to create $3.7 billion firm
The deal will marry Seattle-based Getty Images' immense library of photos, illustrations and videos with Shutterstock's searchable platform that lets contributors upload content.,
Getty Images, Shutterstock agree to merge in $3.7B deal as AI competition heats up
Getty Images and Shutterstock will merge to create a giant company focused on photos and other visual content in a deal valued at $3.7 billion, the two firms announced on Tuesday. The companies — whose tie-up comes as photographs and other still images are facing a surge of fresh competition from images created by artificial intelligence — said Tuesday that they have complementary portfolios and that a merger will provide customers with
Getty Images and Shutterstock to merge, forming $3.7 billion stock image giant
Getty Images said on Tuesday it will merge with rival Shutterstock to create a $3.7 billion stock image powerhouse in a deal that would help the companies navigate the AI era, but likely attract antitrust scrutiny.
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Shutterstock earned over $100 million in revenue thanks in part to its AI-powered image-generator tool
It offers stock photos, videos, and music to creative professionals and enterprises. In late 2022, Shutterstock made a strategic decision to embrace generative AI, becoming one of the first ...