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

The companies are two of the largest in the visual content business. They provide editorial photographs and stock images used ...

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.

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 ...

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

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.

The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence.

Getty CEO Craig Peters will lead the combined company, which will have annual revenues of nearly $2 billion and stands to benefit from Getty’s large library of visual content and the strong community ...

Shares of both companies surged on the news, with Shutterstock advancing 19% to $35.80 and Getty rising 25% to $3.22, on track for its biggest percentage increase in nearly two years. Getty was ...

The new premier visual content company will be called Getty Images Holdings, Inc. and, at close, Getty Images CEO Craig Peters will serve as CEO of the combined company. The new company aims to ...

"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 ...