Getty scraps $3.7B Shutterstock deal after UK antitrust requires key sale
- Getty Images ended its $3.7 billion deal to merge with Shutterstock due to the UK Competition and Markets Authority's requirement to sell Shutterstock's editorial business.
- Getty officially notified Shutterstock by written notice that it was terminating the merger agreement announced last year.
- The UK Competition and Markets Authority approved the deal only if Shutterstock's editorial business was sold to an approved buyer to maintain market competition.
- Getty's board unanimously decided not to proceed with the merger if required to sell Shutterstock's editorial business, causing shares of both companies to decline.
11 Articles
11 Articles
Getty Images calls off Shutterstock merger after UK regulator's divestment demand
Getty Image has ended its planned $3.7 billion merger with Shutterstock. The UK competition regulator required Shutterstock to sell its editorial business. Getty's board decided this condition was not in the company's best interests. The companies had unveiled the deal in January 2025 to build a visual content powerhouse. Both firms now face increasing pressure from AI image generators.
Getty scraps $3.7B Shutterstock deal after Britain antitrust requires key sale
Getty Images notified Shutterstock on Tuesday that it's scrapping plans to combine the companies in a $3.7 billion deal because it didn't want to comply with a key condition laid out by Britain's antitrust regulator.
Associated Press News
Getty scraps $3.7B Shutterstock deal after UK antitrust requires key sale
Getty Images has scrapped plans to merge with Shutterstock in a $3.7 billion deal. The decision comes after Britain's antitrust regulator required Shutterstock's editorial business to be sold to an approved buyer.
Getty Images has now notified Shutterstock in writing that the company is terminating the merger agreement that was announced in January 2025 and approved by the US Department of Justice in April. This is reported by several media outlets.
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