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Shutterstock, Getty and Visual Content Giant
Shutterstock and Getty: A $3.7 Billion Visual Content Giant
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 combine two of the biggest names in stock photography,
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.
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 ticker symbol "GETY." Craig Peters, current CEO of Getty Images, will lead the merged entity, while Shutterstock's CEO Paul Hennessy will join the eleven-member Board of Directors.
1d
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, ...
1d
Should you use AI chatbots for mental health support? Expert explains where to draw the line
Many people are in habit of venting to AI chatbots, but expert suggests that it's important to recognize when to draw the ...
21h
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 ...
24/7 Wall St. on MSN
24m
This AI Stock Has Surged 205%, and Could Surge Another 70% in 2025, According to Analysts
Nvidia (NASDAQ:NVDA) has been a top-performing stock for years, and its performance over the past year alone has been ...
36m
on MSN
Linux Foundation brings together top browser makers for more "open" approach
The Linux Foundation launches new initiative to look after Chromium browsers It’s meant to give a “neutral space” for ...
Finbold | Finance in Bold
45m
AI picks 2 tech stocks to buy for 2025 and beyond
For investors, both Amazon and Micron Technology offer a promising pathway to long-term returns, capitalizing on key trends ...
4h
Hotunan ɓarnar mummunar gobarar daji a Amurka
Jami'ai a birnin Los Angeles sun ce mummunar gobarar daji ta lalata sama da gidaje dubu 10 da wasu gine-gine a jihar ...
4h
Apple and Nvidia chip supplier TSMC’s sales top estimates, boosting AI’s 2025 outlook
The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.
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