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Getty Images considers merger with Shutterstock, Bloomberg reports

Getty Images Holdings is considering a merger with Shutterstock, as reported by Bloomberg.
The merger would bring together two major providers of licensed visual content in the United States.
Getty Images has a market value of approximately $910 million, while Shutterstock is valued at around $1 billion.
Getty's shares have decreased by 56% over the past year, and Shutterstock's shares have fallen by 37%, according to Bloomberg.

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Protothema

Getty Images acquires Shutterstock – A colossus with a value of 3.7 billion dollars is created

The two companies operating in the photo services industry are joining forces - Getty Images is expected to pay $331 million in cash and 319.4 million shares of its own stock - The percentages after the deal is completed

Shutterstock and Getty Images say they will merge

Visual media companies Shutterstock and Getty Images have announced a merger.

2 months ago·Australia

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Daily Sabah

Shutterstock, Getty to merge, form $3.7B visual content company

Visual content companies Shutterstock and Getty Images announced Tuesday they would merge to become a $3.7 billion visual content giant, marking a groundbreaking deal for the indus...

2 months ago·Türkiye

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TechCrunch

Getty Images and Shutterstock to merge to form $3.7B stock photo giant

2 months ago·United States

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WTVB

Getty Images, Shutterstock merge to form $3.7 billion photo licensing giant

(Reuters) -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. The move comes at a time when the licensed visual content industry is facing threats from generative AI tools such as Midjourney and OpenAI’s DALL-E, which can generate images and video in response to a simple text prompt fro…

2 months ago

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Benzinga

Picture Perfect Partnership: Getty And Shutterstock Merge To Form $3.7B Visual Giant - Getty Images Holdings (NYSE:GETY)

Getty Images Holdings, Inc. (NYSE:GETY) and Shutterstock, Inc. (NYSE:SSTK) shares are trading higher premarket on Tuesday after the companies entered a deal to create a visual content company in a merger of equals. The combined company will have an enterprise value of approximately $3.7 billion. The merger of Getty Images and Shutterstock will create a larger, more diverse content library, expand opportunities for contributors, and strengthen th…

2 months ago·New York, United States

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