"The merger will bolster the companies by enhancing our content offerings, expanding event coverage, and delivering new technologies to better serve our customers," said Getty Images CEO Craig Peters.
Shutterstock will remain a separate website following the merger, Getty Images spokesperson Anne Flanagan confirmed to The Verge.
The decision to combine two stock photo powerhouses may also spur antitrust scrutiny, but it's unclear how a more merger-friendly Trump administration will respond.
In 2023, Getty Images responded to the trend by launching an image generator trained on its vast library of licensed photos and partnered with Picsart to create a responsible, commercially-safe AI image generator.
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