Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...

Image: Getty Images, Shutterstock Getty Images and Shutterstock are to join in what's being presented as a merger of equals. The new company will be called Getty Images Holdings Inc and the deal will ...

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 ...

Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...

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

Contributor payouts go to the cost of sales ... The interest coverage ratio is also very low at 1.50x. Here is what the Getty Images and Shutterstock merger stipulates. Shutterstock shareholders ...

Getty Images Holdings is exploring a combination ... Shutterstock, which went public in 2012, runs a searchable platform that lets contributors upload their content in exchange for royalty ...

Get Pro-Level Earnings Insights Before the Market Moves The merger of Getty Images and Shutterstock will create a larger, more diverse content library, expand opportunities for contributors ...

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 ...

In total, Getty expects to pay $331 million plus 319.4 million shares of its stock to acquire Shutterstock. At today's share price, that works out to a valuation of about $1.35 billion on Shutterstock ...

Getty Images CEO Craig Peters will serve as CEO of the combined company. The new company aims to offer a larger content library, expanded opportunities for its contributor community and a ...