Shutterstock Buys Rival Shifts Photo Sales Strategy Cnet

Shutterstock Buys Rival, Shifts Photo Sales Strategy - CNET
Shutterstock Buys Rival, Shifts Photo Sales Strategy - CNET

Shutterstock Buys Rival, Shifts Photo Sales Strategy - CNET Shutterstock, a "microstock" company that sells royalty free photographs for relatively low prices over the internet, has acquired rival bigstockphoto and a new sales method along with it. In a transformative move that's set to reshape the stock media industry, getty images (nyse: gety) and shutterstock (nyse: sstk) announced a merger of equals, creating a combined enterprise.

Shares Of Shutterstock Dive After Earnings, Sales Miss
Shares Of Shutterstock Dive After Earnings, Sales Miss

Shares Of Shutterstock Dive After Earnings, Sales Miss Getty images said on tuesday it would merge with rival shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw. Getty 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 news of a potential getty and shutterstock merger made me think about how the stock photography industry actors found themselves at a crossroads and what future lies ahead. Getty images announced on tuesday that it would buy rival shutterstock to create a $3.7bn (€3.6bn) visual content company. getty will pay around $28.85 (€28) in cash for each shutterstock.

Credit Strategy - Media Library - Shutterstock_2390905383.jpg
Credit Strategy - Media Library - Shutterstock_2390905383.jpg

Credit Strategy - Media Library - Shutterstock_2390905383.jpg The news of a potential getty and shutterstock merger made me think about how the stock photography industry actors found themselves at a crossroads and what future lies ahead. Getty images announced on tuesday that it would buy rival shutterstock to create a $3.7bn (€3.6bn) visual content company. getty will pay around $28.85 (€28) in cash for each shutterstock. Getty images (gety) and shutterstock (sstk) agreed to a $3.7 billion combination, uniting the companies that license their libraries of photographs and other visual content. Getty images on tuesday said it has agreed to merge with its rival shutterstock in a cash and stock deal. the combined entity is expected to be valued at $3.7 billion based on yesterday’s closing. Getty images holdings inc. is exploring a merger with rival shutterstock inc., according to people familiar with the matter. Getty images holdings inc. agreed to acquire rival stock photo provider shutterstock inc. in a deal that would create a combined company worth about $3.7 billion including debt.

Credit Strategy - Media Library - Shutterstock_1118862530.jpg
Credit Strategy - Media Library - Shutterstock_1118862530.jpg

Credit Strategy - Media Library - Shutterstock_1118862530.jpg Getty images (gety) and shutterstock (sstk) agreed to a $3.7 billion combination, uniting the companies that license their libraries of photographs and other visual content. Getty images on tuesday said it has agreed to merge with its rival shutterstock in a cash and stock deal. the combined entity is expected to be valued at $3.7 billion based on yesterday’s closing. Getty images holdings inc. is exploring a merger with rival shutterstock inc., according to people familiar with the matter. Getty images holdings inc. agreed to acquire rival stock photo provider shutterstock inc. in a deal that would create a combined company worth about $3.7 billion including debt.

Reward Strategy - Media Library - Shutterstock_2151521329 (1).jpg
Reward Strategy - Media Library - Shutterstock_2151521329 (1).jpg

Reward Strategy - Media Library - Shutterstock_2151521329 (1).jpg Getty images holdings inc. is exploring a merger with rival shutterstock inc., according to people familiar with the matter. Getty images holdings inc. agreed to acquire rival stock photo provider shutterstock inc. in a deal that would create a combined company worth about $3.7 billion including debt.

Credit Strategy - Media Library - Shutterstock_2316611231.jpg
Credit Strategy - Media Library - Shutterstock_2316611231.jpg

Credit Strategy - Media Library - Shutterstock_2316611231.jpg

These Photos WON'T SELL in Stock Photography!

These Photos WON'T SELL in Stock Photography!

These Photos WON'T SELL in Stock Photography!

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