A Getty and Shutterstock merger will create opportunities for both generative AI innovation and creator growth, the companies say

A Getty and Shutterstock merger will create opportunities for both generative AI innovation and creator growth, the companies say
digitalcameraworld.com

by By Hillary K. Grigonis • 1 month ago

Getty Images and Shutterstock are merging to create a combined stock content company, retaining the Getty Images Holdings, Inc name and GETY ticker. The merger aims to expand content offerings, enhance creator opportunities, and invest in innovative technologies like generative AI. Getty’s CEO Craig Peters will lead the merged entity, which will have a board comprising members from both companies. The merger is still subject to closing conditions, with no estimated close date announced.

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