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Getty Images, Shutterstock
The Future Of Stock Media After Getty And Shutterstock Join Forces
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 the merged entity, while Shutterstock's CEO Paul Hennessy will join the eleven-member Board of Directors.
Getty Images and Shutterstock to merge to form $3.7B stock photo giant
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 and Unsplash brands. The company will simply be called Getty Images.
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 that would likely draw antitrust scrutiny.
18h
Getty Deal Is Picture-Perfect M&A For 2025
Getty Images’ $3.7 billion merger, including debt, with rival stock image seller Shutterstock is a picture-perfect template ...
1d
Defined.ai Announces Strategic Engagement With Getty Images to Deliver High-Quality, Commercially-Safe Image Datasets for AI Training
Announced at CES 2025, the collaboration will give Defined.ai users access to Getty Images' content, allowing customers to ...
9h
on MSN
Student allegedly creates deepfake porn of female students using AI
The senior in high school, who cannot be named, allegedly used images from social media along with artificial intelligence to ...
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