By Erik Hayden Executive Editor, Business Getty Images and Shutterstock, two of the globe’s biggest commercial photo, video ...
The combined company, which will be called Getty Images, will be worth $3.7 billion, Getty said on Tuesday.
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
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Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while ...
The merger comes at a time when companies that use still images are facing increased competition from images generated by ...
Two of the world’s largest visual content platforms, Getty Images and Shutterstock, are set to merge into one business, it has been announced. In an official statement released yesterday (7 ...
The merger deliberations by Getty Images come as demand for pictures ... Artificial intelligence is also upending the content-creation business, while cellphone cameras have reduced the value ...
The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader ...