Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...
The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence.
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.
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 ...
If the deal closes, the combined company will be led by Craig Peters and called Getty Images Holdings, Inc and keep trading on the New York Stock Exchange as GETY. The company expects to achieve cost ...
Visual media giants Getty Images Holdings Inc. and Shutterstock Inc. today announced a deal to merge into a single visual content company with an enterprise value of about $3.7 billion.
JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Getty Images in a research report on Wednesday, December 18th. Macquarie lifted their price target on shares of Getty ...
Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition from AI, the companies announced on Tuesday. The new premier visual content ...
Getty Images and Shutterstock are joining forces ... Once the merger is closed, Getty CEO Craig Peters will serve as CEO of the combined company. Invest wisely: Best online brokers Peters said ...
"With the rapid rise in demand for compelling visual content across industries, there has never been a better time for our two businesses to come together," Getty Images CEO Craig Peters said in a ...
“With the rapid rise in demand for compelling visual content across industries, there has never been a better time for our two businesses to come together," Getty Images CEO Craig Peters said in ...