The giant commercial photo and video providers are grappling with the emergence of artificial intelligence tools that have ...
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company.
Holdings and stock-photo rival Shutterstock are merging to form a company worth about $3.7 billion to meet booming demand for ...
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
Getty Images CEO Craig Peters will oversee the company formed following Getty's mergers with Shutterstock. (Getty Images ...
Getty Images Holdings Inc. agreed to acquire rival stock-photo provider Shutterstock Inc. in a deal that would create a ...
Alternatively, Shutterstock shareholders can choose to receive a mix of cash and Getty shares. shareholders will own about ...
Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while ...
Shares of both companies surged on the news, with Shutterstock advancing 19% to $35.80 and Getty rising 25% to $3.22, on track for its biggest percentage increase in nearly two years. Getty was ...
The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader ...