Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
What's Happening With Adobe Stock?
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared ...
Getty Images, Shutterstock agree to merge in $3.7B deal as AI competition heats up
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 ...
The Future Of Stock Media After Getty And Shutterstock Join Forces
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
Press Gazette3d
Getty and Shutterstock agree $3.7bn merger
Getty was founded in 1995 while Shutterstock began life in 2003. The companies have so far taken different approaches to the arrival of generative AI. Shutterstock signed a six-year agreement with ...
Wallace and Gromit and the need for AI regulation
The Wallace and Gromit films have always featured inventions and technology and the new instalment, Vengeance Most Fowl is no ...
Digital Camera World on MSN3d
A Getty and Shutterstock merger will create opportunities for both generative AI innovation and creator growth, the companies say
Getty says that the merger will allow for a larger investment in “innovative content creation,” including generative AI, ...