The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.

Getty and Shutterstock merge to combat industry decline, but there are hurdles that the combined company will need to clear.

They provide editorial photographs and stock images used for content creation. Getty is offering to pay about $28.85 in cash, or about 14 shares of Getty Images shares, for each Shutterstock share.

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’s acquisition of Shutterstock could influence the future of creative assets. Learn its impact on SEO, content visibility and more.

Getty Images and Shutterstock agreed to a merger, creating a more formidable competitor for Adobe as generative AI shifts the landscape. Shares of stock photography and footage provider ...

Getty Images and Shutterstock are teaming up in what Getty called a merger of equals. The combination will create a company ...

For the second year in a row, Shutterstock will offer celebrities and festival VIPs exclusive access to its Official Sundance ...

(Reuters) -Getty Images said on Tuesday it will merge with rival Shutterstock to create a $3.7 billion ... Getty competes with Reuters and the Associated Press in providing photos and videos for ...