Announced at CES 2025, the collaboration will give Defined.ai users access to Getty Images' content, allowing customers to train AI models with premium, vetted datasets that compensate creators. SEATTLE,
Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition from AI, the companies announced on Tuesday. The new premier visual content company will be called Getty Images Holdings, Inc. and at close, Getty Images’s CEO, Craig Peters, will serve as CEO of the combined company.
Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger will allow the companies to expand their stock photo libraries as they face increasing competition from AI-powered image creation tools.
Getty Images and Shutterstock agreed to a merger, creating a more formidable competitor for Adobe as generative AI shifts the landscape.
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
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, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
Siri eavesdropped on users’ medical appointments and other private moments. With the pitiful settlement that was reached, Apple will now dole out enough hush money for each claimant to buy a few coffees.
Getty’s acquisition of Shutterstock could influence the future of creative assets. Learn its impact on SEO, content visibility and more.
The Getty Center, one of the most visited museums in the U.S. with millions of visitors each year, also faced the risk of destruction. Home to a world-renowned art collection that spans 110 acres in Santa Monica, the museum was engulfed by smoke on Wednesday but miraculously emerged unscathed as wildfires scorched the surrounding ground.
From Meta’s content moderation and Nvidia’s GeForce RTX 50-series chips to the Getty Images-Shutterstock merger– here's all you need to know.