Getty Images, Shutterstock

Getty Images buying Shutterstock to create a $3.7 billion visual content company
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 generated by artificial intelligence.
Getty Images and Shutterstock to merge to form $3.7B stock photo giant
Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while Shutterstock shareholders will own 45.3%. Getty Images also owns the iStock and Unsplash brands. The company will simply be called Getty Images.
Why Getty Images and Shutterstock Stocks Exploded Today
In total, Getty expects to pay $331 million plus 319.4 million shares of its stock to acquire Shutterstock. At today's share price, that works out to a valuation of about $1.35 billion on Shutterstock, or about 7% more than what Shutterstock costs after today's price spike.
Getty Images and Shutterstock are merging into one stock photo powerhouse
Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger will allow the companies to expand their stock photo libraries as they face increasing competition from AI-powered image creation tools.
Getty Images and Shutterstock to Merge in $3.7 Billion Deal
Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition from AI, the companies announced on Tuesday. The new premier visual content company will be called Getty Images Holdings, Inc. and at close, Getty Images’s CEO, Craig Peters, will serve as CEO of the combined company.
Getty Images Plans $3.7B Merger With Rival Shutterstock
The giant commercial photo and video providers are grappling with the emergence of artificial intelligence tools that have flooded the internet with AI-created images.
Getty Images, Shutterstock Stocks Jump on Merger Deal
Shares in Getty Images and Shutterstock surged after the image companies agreed to merge, creating a group worth about $3.7 billion including debt. Getty stock stood about 49% higher in recent premarket trading.
Getty Images To Merge With Shutterstock For 3 Big Reasons; Adobe Dips
Getty Images and Shutterstock agreed to a merger, creating a more formidable competitor for Adobe as generative AI shifts the landscape.
Getty Images Explores Merger With Rival Shutterstock
Getty Images Holdings Inc. is exploring a merger with rival Shutterstock Inc., according to people familiar with the matter.
Getty Images and Shutterstock to merge, forming US$3.7bil stock image giant
Getty Images said on Tuesday it will merge with rival Shutterstock to create a $3.7 billion stock image powerhouse in a deal that would help the companies navigate the AI era, but likely attract antitrust scrutiny.
Shutterstock, Getty Images will join to become USD 3.7 billion visual content company
The combined company will keep the Getty Images name and will continue to trade on the New York Stock Exchange under the Getty's ticker symbol.
Shutterstock and Getty Images merge to form $3.7 billion visual content company
Shutterstock and Getty Images will merge to form a $3.7 billion visual content company, enhancing their portfolios with ...
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Getty Images Rumored To Be In Merger Talks With Shutterstock: Retail Sees Potential Combination As ‘Win-Win’ Proposition
Shares of Seattle, Washington-based creative and editorial visual content solutions provider Getty Images Holdings, Inc.