Global Creative Content & Photos Giants Getty Images & Shutterstock Announced $3.7 Billion Merger to Create Getty Images Holding, Getty Images CEO Craig Peters Will be Appointed as CEO of Merged Entity, Getty Images Share Price Increased +50.4% in Last 5 Days & -87% in Last 5 Years, Shutterstock Share Price Increased +11.5% in Last 5 Days & -19% in Last 5 Years
8th January 2025 | Hong Kong
Global creative content & photos giants Getty Images ($1.3 billion market value) & Shutterstock ($1.2 billion market value) have announced a $3.7 billion merger to create Getty Images Holding. Getty Images CEO Craig Peters will be appointed as CEO of the merged entity. Getty Images share price has increased +50.4% in the last 5 days & -87% in the last 5 years. Shutterstock share price increased +11.5% in the last 5 days & -19% in the last 5 years. Shutterstock was founded in United States in 2003 by Jon Oringer. Getty Images was founded by Mark Getty & Jonathan Klein in 1995 as Getty Investments in London (UK), and in 1997 merged Getty Communications with United States PhotoDisc to form Getty Images. Announcement (7/1/25): “Getty Images Holdings, Inc. (NYSE: GETY) and Shutterstock (NYSE: SSTK) today announced that they entered into a definitive merger agreement to combine in a merger of equals transaction, creating a premier visual content company. The combined company, which would have an enterprise value of approximately $3.7 billion, will be named Getty Images Holdings, Inc and will continue to trade on the New York Stock Exchange under the ticker symbol “GETY”. As a combined company, Getty Images and Shutterstock will offer a content library with greater depth and breadth for the benefit of customers, expanded opportunities for its contributor community and a reinforced commitment to the adoption of inclusive and representative content. Furthermore, the stronger financial profile of the combined company is expected to create increased capacity for product investment and innovation for customers in a fast-evolving and highly competitive environment.”
“ Global Creative Content & Photos Giants Getty Images & Shutterstock Announced $3.7 Billion Merger to Create Getty Images Holding, Getty Images CEO Craig Peters Will be Appointed as CEO of Merged Entity, Getty Images Share Price Increased +50.4% in Last 5 Days & -87% in Last 5 Years, Shutterstock Share Price Increased +11.5% in Last 5 Days & -19% in Last 5 Years “
Getty Images – Getty Images (NYSE: GETY) is a preeminent global visual content creator and marketplace that offers a full range of content solutions to meet the needs of any customer around the globe, no matter their size. Through its Getty Images, iStock and Unsplash brands, websites and APIs, Getty Images serves customers in almost every country in the world and is the first-place people turn to discover, purchase and share powerful visual content from the world’s best photographers and videographers. Getty Images works with over 576,000 content creators and more than 340 content partners to deliver this powerful and comprehensive content. Each year Getty Images covers more than 160,000 news, sport and entertainment events providing depth and breadth of coverage that is unmatched. Getty Images maintains one of the largest and best privately-owned photographic archives in the world with millions of images dating back to the beginning of photography. Through its best-in-class creative library and Custom Content solutions, Getty Images helps customers elevate their creativity and entire end-to-end creative process to find the right visual for any need. With the adoption and distribution of generative AI technologies and tools trained on permissioned content that include indemnification and perpetual, worldwide usage rights, Getty Images and iStock customers can use text to image generation to ideate and create commercially safe compelling visuals, further expanding Getty Images capabilities to deliver exactly what customers are looking for.
Shutterstock, Inc – Shutterstock, Inc. (NYSE: SSTK) is a premier partner for transformative brands, digital media and marketing companies, empowering the world to create with confidence. Fueled by millions of creators around the world and a fearless approach to product innovation, Shutterstock is the leading global platform for licensing from the most extensive and diverse collection of high-quality 3D models, videos, music, photographs, vectors and illustrations. From the world’s largest content marketplace, to breaking news and A-list entertainment editorial access, to all-in-one content editing platform and studio production service—all using the latest in innovative technology—Shutterstock offers the most comprehensive selection of resources to bring storytelling to life.
Global Creative Content & Photos Giants Getty Images & Shutterstock Announced $3.7 Billion Merger to Create Getty Images Holding, Getty Images CEO Craig Peters Will be Appointed as CEO of Merged Entity, Getty Images Share Price Increased +50.4% in Last 5 Days & -87% in Last 5 Years, Shutterstock Share Price Increased +11.5% in Last 5 Days & -19% in Last 5 Years
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