Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content ...
The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader ...
The merger comes at a time when companies that use still images are facing increased competition from images generated by ...
The board will be chaired by Mark Getty, currently in the same role at the company he co-founded. Getty was founded in 1995 while Shutterstock began life in 2003. The companies have so far taken ...
The chairman of the board of directors of the combined company will be Mark Getty, the current chairman of Getty Images. What does the merger mean for stockholders? Under the terms of the merger ...
Seattle-based Getty Images was co-founded in 1995 by Chairman Mark Getty of the wealthy Getty family. He is a director at Getty Investments, which holds about 43% of the company’s outstanding ...
Its board will have 11 members, comprised of Peters, six directors designated by Getty Images and four directors designated by Shutterstock, including Hennessy. The chairman will be Mark Getty ...
Shares of both companies surged on the news, with Shutterstock advancing 19% to $35.80 and Getty rising 25% to $3.22, on track for its biggest percentage increase in nearly two years. Getty was ...