The merger comes at a time when companies that use still images are facing increased competition from images generated by ...
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
The combined company, which will be called Getty Images, will be worth $3.7 billion, Getty said on Tuesday.
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content ...
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
Two of the world's largest picture agencies, Getty Images and Shutterstock, announced plans to merge on Tuesday in a move that will create a giant in the visual content sector.