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Chronicles

The story behind the story

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Getty Images Holdings and Shutterstock agree to merge in a deal that creates a $3.7B company; Getty CEO Craig Peters will remain CEO of the combined business

- Shutterstock shareholders get one of the following: $28.84 per share in cash ($1.03 billion based on Shutterstock's outstanding shares) …

Axios Michael Flaherty

Discussion

  • @martinsfp @martinsfp on bluesky
    Wow.  Notable deal.  [embedded post]
  • @bwjones @bwjones on bluesky
    Getty, Shutterstock, and Corbis absolutely destroyed the market for photographers.  Image licensing went from rates that could support a family to effectively nothing.  —  But that's not enough for them.  [embedded post]
  • @mehtology Ivan Mehta on bluesky
    Gettestock?  Shutty Images? [embedded post]
  • @w7voa.journa.host.ap.brid.gy Steve Herman on bluesky
    Shutterstock and Getty Images merging to become a $3.7 billion “visual content company.” https://newsroom.gettyimages.com/en/ getty-images/getty-images-and- shutterstock-to-merge-creating-a- premier-visual-content-company
  • @writingbymatt Matt Hunt on x
    This merger @GettyImages + @Shutterstock is full of potential for some as well as the signal of collapse of editorial photography as a career path. If I was working only as a news photographer, I'd be seeking another job.
  • @gettyimages @gettyimages on x
    Getty Images and @Shutterstock to merge, creating a premier visual content company at closing. Learn more at our official press announcement: https://newsroom.gettyimages.com/ ... [image]
  • @shutterstock @shutterstock on x
    Shutterstock and @GettyImages to merge, creating a premier visual content company at closing. Visit our investor page at https://investor.shutterstock.com/ to read our official press announcement.
  • @matthew_sigel @matthew_sigel on x
    Getty & Shutterstock merge, timing it smartly to sidestep the antitrust agitation of the current administration. Both stocks up. Shutterstock's take rate, the highest among internet peers at 65-80%, squeezes contributors. Blockchain-based content networks look better by the day […
  • r/photography r on reddit
    Getty Images and Shutterstock to Merge