Getty Images and Shutterstock announced plans to merge under the corporate name of Getty Images Holdings. The merger news came as Getty Images approaches its 30 anniversary.
The merger is subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals and the approval of Getty Images and Shutterstock stockholders. As a result, the merger is not closed, and each company will continue to operate independently in the interim, and it will be business as usual with respect to your relationship with Getty Images.
Once closed, this merger will allow for simplified access across the combined offerings and increased investment in new content and coverage, new asset types, enhanced customer service and support, and new technologies and capabilities. All of this with the aim of providing with the contents that its customers need in a time and budget-efficient manner and absent intellectual property risks.
Craig Peters, CEO, Getty Images said, “In this period prior to close, nothing about your business relationship with Getty Images will change and you can continue to rely on the same high‑quality service and partnership you’ve come to expect from Getty Images. We are committed to keeping you informed throughout this process and ensuring a smooth transition. If you have any questions, please don’t hesitate to reach out to your usual sales contact.”
He adds, “Thank you for your continued trust and support. We are excited about the opportunities this merger brings to help you succeed and look forward to embarking on this next chapter together.”
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