Press Release:
Getty Images and Shutterstock to Merge, Creating a Premier Visual Content Company
Merged company will be well‑positioned to meet the evolving needs of creative, media, and advertising industries through combined investment in content creation, event coverage, and product and technology innovation
Expected annual cost synergies between $150 million and $200 million by year
Search results for shutterstock
GettyImages and Shutterstock to merge, creating stock powerhouse
Posted by allison8 110 days ago (https://www.imaging-resource.com)
Image: Getty Images, ShutterstockGetty Images and Shutterstock are to join in what's being presented as a merger of equals. The new company will be called Getty Images Holdings Inc and the deal will see Getty Image's CEO retain his position at head of the new company, while Getty's chair will also chair the new company's board. The board of directors will be made with a seven-to-four Getty-to-Shu
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