Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...
The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence.
Visual media giants Getty Images Holdings Inc. and Shutterstock Inc. today announced a deal to merge into a single visual content company with an enterprise value of about $3.7 billion.
The companies are two of the largest in the visual content business. They provide editorial photographs and stock images used ...
there has never been a better time for our two businesses to come together,” Getty Images CEO Craig Peters said in a prepared statement. Getty Images shareholders will own about 54.7% of the ...
The new premier visual content company will be called Getty Images Holdings, Inc. and, at close, Getty Images CEO Craig Peters will serve as CEO of the combined company. The new company aims to ...
Getty CEO Craig Peters will lead the combined company, which will have annual revenues of nearly $2 billion and stands to benefit from Getty’s large library of visual content and the strong community ...
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...
Getty Images and Shutterstock are merging in a deal that could help the company better prepare for artificial intelligence. On Tuesday, Getty's stock jumped 24%, while shares of Shutterstock rose ...
"With the rapid rise in demand for compelling visual content across industries, there has never been a better time for our two businesses to come together," Getty Images CEO Craig Peters said in a ...
“With the rapid rise in demand for compelling visual content across industries, there has never been a better time for our two businesses to come together,” Getty Images CEO Craig Peters said ...