2 of the largest stock photo platforms are merging, sending their shares up
Getty Images is combining with Shutterstock.
Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images
- Getty Images and Shutterstock are merging.
- The merger aims to save $200 million and boost revenue in three years.
- The new company will face competition from AI image-generation tools like Adobe's Firefly and DALL·E 3.
Getty Images and Shutterstock are merging in a deal that could help the company better prepare for artificial intelligence.
On Tuesday...
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