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Getty Images To Merge With Shutterstock For 3 Big Reasons
Getty Images And Shutterstock Merge To Create $3.7B Visual Content Giant
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ticker symbol "GETY." Craig Peters, current CEO of Getty Images, will lead the merged entity, while Shutterstock's CEO Paul Hennessy will join the eleven-member Board of Directors.
Getty images and Shutterstock announced $3.7 billion merger amid AI disruption in stock image industry
Two giants of the stock image industry, Getty Images and Shutterstock, are merging to create a $3.7 billion powerhouse built for the age of artificial intelligence. According to a report by Reuters on Tuesday,
Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock-image powerhouse geared for the artificial intelligence era, in a deal likely to draw antitrust scrutiny.
20h
Defined.ai Announces Strategic Engagement With Getty Images to Deliver High-Quality, Commercially-Safe Image Datasets for AI Training
Announced at CES 2025, the collaboration will give Defined.ai users access to Getty Images' content, allowing customers to ...
3d
After Months Of Selloff, Getty Images' Price Finally Looks Appealing
Getty Images' strong position in the visual content market and its brand value justify a premium to book value. Read why I've ...
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