Getty Images, Shutterstock agree to merge in $3.7B deal as AI competition heats up
Getty Images and Shutterstock will merge to create a giant company focused on photos and other visual content in a deal valued at $3.7 billion, the two firms announced on Tuesday. The companies — whose tie-up comes as photographs and other still images are facing a surge of fresh competition from images created by artificial intelligence — said Tuesday that they have complementary portfolios and that a merger will provide customers with
Getty Images, Shutterstock agree to merge in $3.7 billion deal. Here's what to know.
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.'
Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock-image powerhouse geared for the artificial intelligence era, in a deal likely to draw antitrust scrutiny.
One Stock Image to Rule Them All? Getty Images and Shutterstock Are Merging
The companies claim the merged company will 'be well-positioned to meet the evolving needs of creative, media, and advertising industries.' Will the new Trump admin let it fly?
Getty Images, Shutterstock to Merge Into $3.7B Visual-Content Company -- Update
Shareholders of Seattle-based Getty will own about 54.7% of the combined company, which will retain the Getty name, at the closing of the deal. Shutterstock shareholders will own the remaining 45.3%,
Strategic Merger between Shutterstock and Getty Images Drives Buy Recommendation Amid Competitive Pressures
Analyst Youssef Squali of Truist Financial maintained a Buy rating on Shutterstock (SSTK – Research Report), retaining the price target of
Seattle’s Getty Images will buy Shutterstock, creating company worth $3.7B
Seattle’s Getty Images is acquiring Shutterstock to create a business worth approximately $3.7 billion, the companies announced Tuesday.
U.K. Competition Watchdog Prepares to Investigate Tech Giants Under New Rulebook
The regulator said it would open investigations into at least three types of tech platforms at the start of this year to work out which tech giants need to obey a new law governing the digital economy ...
Miss SC wins award at Miss America pageant. Where did she place in the competition?
Wash won the Miss South Carolina pageant on June 29, 2024. She previously held the title of Miss Clemson 2024.
McDonald's kicks off 2025 with its McValue menu, sparking a fast food value competition
McDonald's ( MCD) is paving the way for more value competition in 2025 with its new McValue platform. Bernstein analyst Danilo Gargiulo called its first national value offering since 2018 a ...
Tesla annual deliveries fall for first time as competition hurts demand
Shares of the company fell about 4% Thursday, indicating investor worries over the challenges facing CEO Elon Musk.
Buzzy Norwegian Competition Format ‘The Box’ Opened In Europe Ahead Of Launch
TV2's 'The Box', a buzzy Norwegian entertainment show that launched at MIPCOM, is rolling out in the Netherlands and Denmark ahead of its launch.
Apple discounts new iPhones in China amid increasing smartphone competition
For a limited time, Apple customers in China can get discounts on the newest iPhone models.
Writing competition marks 20th anniversary in 2025
A writing competition in Surrey will mark its 20th anniversary in 2025. The Elmbridge Literary Competition was conceived as a ...
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Miss Wisconsin finishes as top 11 semi-finalist in 2025 Miss America Competition
Miss Wisconsin 2024 Mandi Genord finished as a top 11 semi-finalist at the 2025 Miss America Competition on Sunday evening.
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Anthony Richardson Would Welcome Competition At QB
The Colts’ 2024 season didn’t go as planned and there are now questions about whether the team will possibly bring in ...