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Getty Images explores merger with Shutterstock: Report
short by Mansi Agarwal / on Sunday, 5 January, 2025
Getty Images is considering a merger with its rival Shutterstock, Bloomberg reported. Shares of Getty have lost over 50% of their value over the past year as the stock image company struggles to retain customers. The potential merger comes amid the rise of image-generation AI tools like Midjourney and DALL-E 2, which can generate unique images cheaply.
read more at Reuters