In January 2023, Getty Images filed a major lawsuit in the UK High Court against Stability AI, an…
Category: getty images
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Getty Images and Shutterstock to merge to form $3.7 billion stock photo giant
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 prices. This announcement confirms earlier reporting from Bloomberg. Both companies offer stock photos and video footage that can be licensed and reused. This content…