Getty Images Holdings and stock-photo rival Shutterstock are merging to form a company worth about $3.7 billion to meet booming demand for licensed images and videos, as artificial intelligence ...

Getty Images has announced plans to merge with ... Both companies offer stock photos and video footage that can be licensed and reused. This content is commonly used by news organizations, film ...

Other industry observers point out that the size of the new Getty's stock market valuation alone will create a giant that accounts for 75 percent of the market for stock photos. At least that's ...

Even more notable, though, might be the merger's timing. Image licensing platforms like Getty and Shutterstock are facing significant competition from artificial intelligence photo generators. With ...

As of 10:15 a.m. ET, Getty stock is up a solid 24.5%, with Shutterstock gaining a nearly as impressive 22.5%. The companies announced their plans to merge to create "a premier visual content ...

The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence. The companies said Tuesday that they have ...

They can elect to receive $28.85 in cash for each share of Shutterstock stock they own. Alternatively, they can choose to receive 13.67 shares of Getty Images stock for each Shutterstock share.

As of 10:15 a.m. ET, Getty stock is up a solid 24.5%, with Shutterstock gaining a nearly as impressive 22.5%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are ...