Shutterstock and Getty Images will join to become a $3.7 billion visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company. The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader array still imagery,
Getty Images, Shutterstock agree to merge in $3.7 billion deal. Here's what to know.
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.'
Getty Images, Shutterstock to Merge Into $3.7B Visual-Content Company -- Update
Shares of both companies surged on the news, with Shutterstock advancing 19% to $35.80 and Getty rising 25% to $3.22, on track for its biggest percentage increase in nearly two years. Getty was founded in 1995 by Chairman Mark Getty and has traded publicly since 2021 after a merger with a blank-check firm.
Getty Images Weighs Major Merger With Shutterstock That Could Potentially Reshape Visual Content Market
Getty Images considers a merger with Shutterstock amid shifting market dynamics and antitrust concerns, highlighting challenges in the visual content sector.
Getty Images buying Shutterstock to create a $3.7B 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 i
Getty Images and Shutterstock Agree To Merge To Dominate Visual Content, Shares Jump
Getty Images Holdings, Inc. (NYSE:GETY) and Shutterstock, Inc. (NYSE:SSTK) shares are trading higher premarket on Tuesday after the companies entered a deal to create a visual content company in a merger of equals.
Getty Images and Shutterstock merge to form $3.7 billion visual content giant
The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence. The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader array still imagery,
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 diverse products.
Getty Images Stock Rises 83% on Plans to Merge With Shutterstock
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 into a definitive merger agreement worth $3.
Getty Images Merges with Shutterstock for Major Synergies
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Shutterstock and Getty Images to join to become US$3.7-billion visual content company
The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader ...