Getty and Shutterstock Set Agreement to Merge
The Wall Street Journal|January 08, 2025
Getty Images Holdings and stock-photo rival Shutterstock are merging to form a company valued at about $3.7 billion to meet booming demand for licensed images and videos, as artificial intelligence disrupts the business of content creation.
BY DENNY JACOB
Getty and Shutterstock Set Agreement to Merge

Shareholders of Seattle-based Getty will own about 54.7% of the combined company, which will retain the Getty name, at the closing of the deal. Shutterstock shareholders will own the remaining 45.3%, the companies said on Tuesday.

They added that together they would be able to offer a more-expansive library of visual content for users, as well as a way to synchronize in-house investments in AI tools.

هذه القصة مأخوذة من طبعة January 08, 2025 من The Wall Street Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 08, 2025 من The Wall Street Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.