Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content ...
Getty "provides wire service photography and video to news outlets and businesses globally," while Shutterstock ...
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company.
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
Shares of Getty Images Holdings, Inc. ($GETY) and its New York-based rival Shutterstock, Inc. ($SSTK) surged in Tuesday’s pre ...