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Getty Images Weighs Major Merger With Shutterstock That Could Potentially Reshape Visual Content Market

Benzinga LogoBenzinga2d ago

Getty Images Weighs Major Merger With Shutterstock That Could Potentially Reshape Visual Content Market - Benzinga

Quick Summary:

Per a Bloomberg report on Saturday, the proposed merger could unite two of the largest providers of licensed visual content in the U.S., underscoring the growing demand for photos, videos, and media in the digital era.

The deliberations, disclosed by unnamed sources, reveal that Getty is considering how to structure the deal, though no final decision has been made.

Getty Images Holdings Inc.(NYSE:GETY) is reportedly exploring a potential merger with rival Shutterstock Inc.(NYSE:SSTK).


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Article Details

Author / Journalist: Vandana Singh

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 13:46:27 (2 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 330 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24916358

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 28 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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