Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...

Getty Images and Shutterstock are teaming up in what Getty called a merger of equals. The combination will create a company ...

Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...

Getty Images is buying Shutterstock to create a $3.7 billion visual content company. The merger comes at a time when companies that use still images are facing increased competition from images ...

Getty Images Holdings Inc. agreed to acquire rival stock-photo provider Shutterstock Inc. in a deal that would create a combined company worth about $3.7 billion including debt.

News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a share on Monday.

Getty and Shutterstock merge to combat industry decline, but there are hurdles that the combined company will need to clear.

The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader array still imagery, video, music, 3D and other media ...