Getty Images Holdings Inc. agreed to acquire rival stock-photo provider Shutterstock Inc. in a deal that would create a combined company worth about $3.7 billion including debt.
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 ...
The launch of AI-driven programs like Canva have dramatically increased competition for Getty and Shutterstock, which both provide a bevy of stock photos that can increasingly be created — to ...
At the time of the merger, Shutterstock shares increased by more than 30% before the market opened and Getty Images’ stock went up more than 58%. The demand for pictures has increased in the ...
The merger deliberations by Getty Images come as demand for pictures, videos and other media soars, with consumers increasingly spending more of their time online. Artificial intelligence is also ...