Getty Images and Shutterstock are joining forces, agreeing to a $3.7 billion merger to create a visual content company. The companies announced the merger on Tuesday and said it will be named ...
We recently published a list of Jim Cramer is Watching These 8 Stocks. In this article, we are going to take a look at where ...
Getty "provides wire service photography and video to news outlets and businesses globally," while Shutterstock ...
Stock and editorial image licensing giant Getty Images has announced plans of a $3.7 billion merger with its fierce competitor, Shutterstock, a stock photography company. Craig Peters, the chief ...
The merger comes at a time when companies that use still images are facing increased competition from images generated by ...
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.
I will come back to Shutterstock's data segment in a moment. The same applies to Getty. Their paying customer base stagnated. At the same time, the number of images and videos on the platform ...