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 ...
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 ...
Update: The National Union of Journalists is seeking assurances that Shutterstock contributors will be allowed to opt out of their images being used in Getty’s AI generator function. It is also ...