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 ...
Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition from AI, the companies announced on Tuesday. The new premier visual ...
Getty Images and Shutterstock are teaming up in what Getty called a merger of equals. The combination will create a company ...
Living on Mars will be no easy feat. Building viable living quarters would require an inflatable habitat that can be covered ...
Image licensing platforms like Getty and Shutterstock are facing significant competition from artificial intelligence photo generators. With the world's rapid advancements around AI, both ...
Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while Shutterstock shareholders will own 45.3%. Getty Images also owns the iStock ...
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ticker symbol "GETY." Craig Peters, current CEO of Getty Images, will lead ...
Getty Images and Shutterstock face disruption from AI, improved phone cameras, and personal drones, leading to significant market cap losses and a planned merger. The merger, which appears driven ...
Getty was founded in 1995 while Shutterstock began life in 2003. The companies have so far taken different approaches to the arrival of generative AI. Shutterstock signed a six-year agreement with ...