Tuesday after the company said it plans to merge with rival stock photography service Shuttershock. Shares of the visual content marketplace were up 83% to $4.70 after announced that it had entered ...
Getty and Shutterstock merge to combat industry decline, but there are hurdles that the combined company will need to clear.
Getty Images Holdings Inc. agreed to acquire rival stock-photo provider Shutterstock Inc. in a deal that would create a combined company worth about $3.7 billion including debt.
Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...
Wedbush analysts led by Michael Pachter called the deal "Bigger is better," while reiterating their outperform rating on Getty. "The two companies are highly complementary, with each stock photo ...
Getty Images Holdings and stock-photo rival Shutterstock are merging to form a company worth about $3.7 billion to meet booming demand for licensed images and videos, as artificial intelligence ...
The launch of AI-driven programs like Canva have dramatically increased competition for Getty and Shutterstock, which both provide a bevy of stock photos that can increasingly be created — to ...
Getty Images on Tuesday said it has agreed ... Both companies offer stock photos and video footage that can be licensed and reused. This content is commonly used by news organizations, film ...
Getty Images and Shutterstock will merge to create a giant company focused on photos and other visual content ... will continue trading on the New York Stock Exchange under the ticker symbol ...
Founded in 1995, Getty is a global supplier of stock photos, videos, and other visual content. Its brands, including Getty Images, iStock, and Unsplash, serve enterprise, media, and agency customers.
Getty Images GETY5.74%increase; green up pointing triangle Holdings and stock-photo rival Shutterstock SSTK 3.18%increase; green up pointing triangle are merging to form a company worth about $3.7 ...