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.
Getty Images Holdings and Shutterstock have agreed to merge into one visual-content company with an enterprise value of about $3.7 billion. Shares of both companies jumped on the announcement.
Getty Images and Shutterstock are joining forces, agreeing to a $3.7 billion merger to create a visual content company. The companies announced the merger on Tuesday and said it will be named ...
Image: Getty Images, Shutterstock Getty Images and Shutterstock are to join in what's being presented as a merger of equals. The new company will be called Getty Images Holdings Inc and the deal will ...
First, they provide access to AI companies to use stock photos/footage to train their AI algorithms. Second, Shutterstock partnered up with AI firms to create and sell AI-generated content on its ...
Getty Images Holdings is exploring a combination with rival Shutterstock, according to people familiar with the matter. Shares of Getty Images rose as much as 32%, the most since 2023. Seattle ...
Getty Images and Shutterstock merge, forming a top visual content company, which would have an enterprise value of $3.7 billion. Combined company to achieve $150M–$200M cost synergies ...
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 ...
The stock was selling at $2.57 a share at the close of trading on Monday. Shares of Shutterstock were up by around 30% before the market opened on Tuesday. Getty Images shareholders will own about ...