The merger comes at a time when companies that use still images are facing increased competition from images generated by ...
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
The combined company, which will be called Getty Images, will be worth $3.7 billion, Getty said on Tuesday.
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
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 ...
After Getty Images announced plans for a $3.7 billion merger with competitor Shutterstock, photographers spoke about the ...