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Getty images and Shutterstock announced $3.7 billion merger amid AI disruption in stock image industryShutterstock shareholders can get $28.80 cash per share, 13.67 Getty shares, or 9.17 Getty shares plus $9.50 in cash per stock share. Shutterstock’s stock jumped 26.5% in premarket trading after ...
Another AI image generation platform hit the internet on Wednesday (Jan. 25), this time launched by Shutterstock. Now, not only can you find stock photos and illustrations on the site, but you can ...
Getty Images has announced plans to merge with its rival Shutterstock in a cash-and-stock deal. The combined entity is expected to be valued at $3.7 billion based on yesterday’s closing share ...
Together, the companies will create a massive photo-sharing brand. Getty "provides wire service photography and video to news outlets and businesses globally," while Shutterstock "touts a stock ...
The rise of AI-generated content poses a potential long-term threat to the traditional stock photography business model. While both Getty Images and Shutterstock are investing in AI, the rapid ...
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