Holdings and stock-photo rival Shutterstock are merging to form a company worth about $3.7 billion to meet booming demand for ...
Seattle’s Getty Images is acquiring Shutterstock to create a business worth approximately $3.7 billion, the companies ...
Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger ...
Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while ...
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 ...
The merger comes at a time when companies that use still images are facing increased competition from images generated by ...
Shares in Getty Images and Shutterstock surged after the image companies agreed to merge, creating a group worth about $3.7 ...
CEO Mark Zuckerberg, who has been building ties with the incoming Trump administration, said the move was an attempt to ...