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Getty Images and Shutterstock Merge in $4 Billion Deal

HomeGetty Images and Shutterstock Merge in $4 Billion Deal

Getty Images and Shutterstock Merge in $4 Billion Deal

Getty Images and Shutterstock Merge in $4 Billion Deal

Getty Images and Shutterstock Announce Merger

January 7, 2025 - Getty Images, a leading provider of visual content, and Shutterstock, Inc., a premier partner for transformative brands, digital media and marketing companies, announced today that they have entered into a definitive agreement to merge their businesses.

Under the terms of the merger, Getty Images and Shutterstock will combine to create a new company with a comprehensive selection of resources to bring storytelling to life. The merged entity will offer an extensive collection of high-quality 3D models, videos, music, photographs, vectors, and illustrations, making it the leading global platform for licensing visual content.

Key Highlights

  • Enhanced Product Offering: The merged company will provide a more comprehensive selection of resources to bring storytelling to life, including a vast library of images, music, and video.
  • Increased Efficiency: The integration of Getty Images' and Shutterstock's operations is expected to result in significant cost savings and improved efficiency.
  • Expanded Reach: The merger is anticipated to increase the combined company's presence in key markets, including North America, Europe, and Asia.

Merger Details

The transaction is subject to regulatory approval and is expected to close in the second quarter of 2025. Upon completion of the merger, the combined company will be headquartered in New York City, with operations in major cities around the world.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements.

Contact Information

For more information about the merger, please contact:

The joint proxy and information statement/prospectus (if and when available) will be mailed to stockholders of Getty Images and Shutterstock. Before making any voting or investment decision, investors and security holders are urged to read the joint proxy and information statement/prospectus (when available) and all other relevant documents that are or will be filed with or furnished to the SEC.