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Rivals Getty Images and Shutterstock merge
short by Pragya Swastik / on Tuesday, 7 January, 2025
Getty Images on Tuesday said it will merge with rival Shutterstock to create a $3.7 billion stock images giant. The combined company will be named Getty Images Holdings. Shutterstock's shares were up 9.9% in premarket trading, while shares of Getty Images were up 18.7% following the merger news.
read more at Reuters