The combined company, which will be called Getty Images, will be worth $3.7 billion, Getty said on Tuesday.

Even more notable, though, might be the merger's timing. Image licensing platforms like Getty and Shutterstock are facing ...

Getty and Shutterstock merge to combat industry decline, but there are hurdles that the combined company will need to clear.

Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...

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 ...

Shutterstock (NYSE:SSTK) reported record revenues for the third quarter of 2024, with the company posting $251 million, marking a 7.4% increase year-over-year. The company's focus on AI-driven ...

Deploying AI is not only about acquiring new skillsets; it is about opening our minds to accepting newer ways of working ...

Shutterstock shareholders can opt to receive ... Peters downplayed the impact of AI on Tuesday and said that he was confident the merger would receive antitrust approval both in the United States ...

Many people are in habit of venting to AI chatbots, but expert suggests that it's important to recognize when to draw the ...

Getty Images and Shutterstock are merging in a deal that could help the company better prepare for artificial intelligence. On Tuesday, Getty's stock jumped 24%, while shares of Shutterstock rose ...

are betting that the combination will help them cut costs and grow their business by unlocking more revenue opportunities at a time when the growing use of generative AI tools such as Midjourney poses ...