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Getty Images Explores Merger With Rival Shutterstock

Getty weighing how to structure deal with stock-photo rival
Deliberations come as AI upends content-creation business

Getty Images offices in Los Angeles.Photographer: Smith Collection/Gado/Getty Images

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By Ryan Gould, Michelle F Davis, Josh Sisco, and Liana Baker

January 3, 2025 at 7:01 PM UTC

Updated on

January 3, 2025 at 9:28 PM UTC

This article is for subscribers only.

Getty Images Holdings Inc. is exploring a combination with rival Shutterstock Inc., according to people familiar with the matter. Shares Getty Images rose as much as 32%, the most since 2023.

Getty has been weighing how to structure a deal that would bring together two of the biggest providers of licensed visual-content in the US, said the people, who asked to not be identified because the information isn’t public. Deliberations are ongoing and Getty could decide not to pursue a deal, they added.