A new $3.7 billion stock photo and images powerhouse merger hopes to combat competition from Artificial Intelligence ...
After Getty Images announced plans for a $3.7 billion merger with competitor Shutterstock, photographers spoke about the ...
The giant commercial photo and video providers are grappling with the emergence of artificial intelligence tools that have ...
The merger will help them stave off the threats of artificial intelligence and cell phone cameras, both of which can be used ...
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 ...
Getty Images CEO Craig Peters will oversee the company formed following Getty's mergers with Shutterstock. (Getty Images ...
Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while ...
Getty Images already works with more than half a million content creators around the globe and serves customers in nearly ...
Getty says that the merger will allow for a larger investment in “innovative content creation,” including generative AI, ...
Shutterstock have agreed to merge in a deal valued at $3.7 billion. The merger will unite two of the biggest names in stock ...
Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition ...