Getty and Shutterstock are merging to counter declining fortunes in a maturing stock photography industry and face significant threats from generative AI and free platforms. The merger aims to ...
In July 2023, Shutterstock signed long-term data partnerships with OpenAI, a pioneer in Generative AI, representing a budding new industry for Shutterstock, as seen in their Q3 results. I think the ...
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Shutterstock Approves RSUs for CEO Amid Getty Merger
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NEW YORK — Getty Images is buying Shutterstock to create a $3.7 billion visual content company. The merger comes at a time when companies that use still images are facing increased competition from ...
Getty Images and Shutterstock will merge to create a giant company focused on photos and other visual content in a deal valued at $3.7 billion, the two firms announced on Tuesday. The companies — ...
Visual content developers and entertainment and media investors were elated when Shutterstock (NYSE: SSTK) and Getty Images (NYSE: GETY) announced that they were merging. This $3.7 billion deal will ...
Shutterstock, Inc. (NYSE:SSTK) shares are trading lower on Thursday. In an exchange filing, the company notified John Caine that his employment as its Chief Product and Digital Officer will end, ...
Shutterstock stock was down because investors were afraid that generative AI applications would eat its lunch. Certain performance metrics for the company are going down. It's making up the difference ...
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 ...
Getty Images Holdings, Inc. and Shutterstock have announced a merger agreement to form a leading visual content company, combining forces to better serve the creative, media, and advertising ...
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