Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock-image powerhouse geared for the artificial intelligence era, in a deal likely to draw antitrust ...
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.
The deal will marry Seattle-based Getty Images' immense library of photos, illustrations and videos with Shutterstock's searchable platform that lets contributors upload content., ...