Getty Images and Shutterstock, two leading providers of stock images and digital media, are in preliminary discussions regarding a potential merger. This development comes as both companies face increased competition from AI-generated content and a shifting digital landscape. In response to the merger news, Getty Images' shares rose by 13% to $2.39, giving the company a market value of approximately $983m. Shutterstock's shares also experienced an uptick, reflecting investor interest in the potential consolidation. Both companies have been exploring strategies to adapt to industry changes, including the rise of AI-generated imagery, which has impacted demand for traditional stock photos. The merger talks are at an early stage, and there is no certainty that a deal will be finalized. #MergersAcquisitionsDivestitures #Media #Technology
