Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...
Even more notable, though, might be the merger's timing. Image licensing platforms like Getty and Shutterstock are facing ...
We recently published a list of Jim Cramer is Watching These 8 Stocks. In this article, we are going to take a look at where ...
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 ...
Getty and Shutterstock merge to combat industry decline, but there are hurdles that the combined company will need to clear.
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 teaming up in what Getty called a merger of equals. The combination will create a company ...
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.
Update: The National Union of Journalists is seeking assurances that Shutterstock contributors will be allowed to opt out of their images being used in Getty’s AI generator function. It is also ...
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 ...