Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...
Even more notable, though, might be the merger's timing. Image licensing platforms like Getty and Shutterstock are facing ...
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.
Shutterstock to create a $3.7 billion visual content company. “With the rapid rise in demand for compelling visual content across industries, there has never been a better time for our two businesses ...
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 ...
The deal will marry Seattle-based Getty Images' immense library of photos, illustrations and videos with Shutterstock's searchable platform that lets contributors upload content., ...
Tiffany Hagler-Geard / Bloomberg via Getty Images Getty Images and Shutterstock are teaming up in what Getty called a merger of equals. The deal between the two providers of stock images and video ...