Getty Images and Shutterstock merge into a picture powerhouse to combat AI
Getty "provides wire service photography and video to news outlets and businesses globally," while Shutterstock ...
Business Insider19d
2 of the largest stock photo platforms are merging, sending their shares up
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 ...
BusinessWorld18d
Getty Images, Shutterstock gear up for AI challenge with $3.7-billion merger
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 (AI) era, in a deal likely to draw antitrust ...
Investing16d
Earnings call transcript: Shutterstock Q3 2024 sees record revenues, AI growth
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 ...
Yahoo Finance12d
Getty Images and Shutterstock merge into a picture powerhouse to combat AI
Image licensing platforms like Getty and Shutterstock are facing significant competition from artificial intelligence photo generators. With the world's rapid advancements around AI, both ...
The Gazette20d
Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
(Reuters) -Getty Images said on Tuesday it would merge with rival Shutterstock to create a $ ... at a time when the growing use of generative AI tools such as Midjourney poses a threat to the ...