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 ...
Shutterstock shareholders can opt to receive ... Regulators will examine how the deal impacts the old-school business model of selling images to legacy media customers, as well as the new business ...
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 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 and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...
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 ...