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Shutterstock, Getty Images
Getty images and Shutterstock announced $3.7 billion merger amid AI disruption in stock image industry
Two giants of the stock image industry, Getty Images and Shutterstock, are merging to create a $3.7 billion powerhouse built for the age of artificial intelligence. According to a report by Reuters on Tuesday,
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
Getty Images, Shutterstock agree to merge in $3.7B deal as AI competition heats up
News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a share on Monday.
1d
What's Happening With Adobe Stock?
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
5h
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 ...
DPReview on MSN
1d
Getty Images buys rival Shutterstock to create "Premier Visual Content Company"
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
2h
Wallace and Gromit and the need for AI regulation
The Wallace and Gromit films have always featured inventions and technology and the new instalment, Vengeance Most Fowl is no ...
24/7 Wall St
5h
Here's Why BigBear.AI (BBAI) Stock Collapsed 16% Yesterday
BigBear.ai (NASDAQ:BBAI) fell for the third consecutive day, but the losses accelerated as BBAI stock crumpled 16.2%. The ...
The Tech Report
5h
News Roundup of the Week: Meta’s Content Shake-Up, Nvidia’s Gaming Revolution, and More
From Meta’s content moderation and Nvidia’s GeForce RTX 50-series chips to the Getty Images-Shutterstock merger– here's all ...
cybernews
7h
AI in screenings improves breast cancer detection rate
Breast cancer detection is getting a boost from AI. Researchers have found that the use of the technology in screenings increased the chance of uncovering the disease.
CIO
9h
Chief data officers step into the business strategist spotlight
The CDO role is quickly evolving as companies seek to capitalize on AI and data literacy. Seven data chiefs shed light on ...
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