Getty Images to Acquire Shutterstock in $3.7 Billion Merger

  • 📰 petapixel
  • ⏱ Reading Time:
  • 26 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 51%

Business ニュース

Merger,Stock Photo,Getty Images

Getty Images and Shutterstock, the two largest stock photo companies globally, are merging to form a company valued at $3.7 billion. Getty Images will acquire Shutterstock in a cash-and-stock deal, with Getty shareholders owning 54.7% and Shutterstock shareholders owning 45.3% of the new entity. The combined company will continue to operate under the Getty Images brand and list on the New York Stock Exchange.

The two largest stock photo companies in the world, Getty Images and Shutterstock, have announced they are merging to create a company with an expected valuation of $3.7 billion.

Combined, Getty and Shutterstock have hundreds of millions of images available for licensing purposes. News media, ad agencies, and filmmakers all license content from Getty and Shutterstock. The two companies represent thousands of photographers, many of whom rely on them for income.writes one Redditor

Getty Images CEO Craig Peters says “there has never been a better time for our two businesses to come together.” Peters will remain in his role at the helm of the combined businesses.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 527. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Shutterstock and Getty Images will join to become a $3.7B visual content companyVisual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company
ソース: ABC - 🏆 471. / 51 続きを読む »

Shutterstock and Getty Images will join to become a $3.7 billion visual content companyVisual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company. The companies said Tuesday that they
ソース: Mynorthwest - 🏆 438. / 53 続きを読む »