By Erik Hayden Executive Editor, Business Getty Images and Shutterstock, two of the globe’s biggest commercial photo, video and stock image marketplaces, are planning a $3.7 billion merger as ...

Getty Images GETY2.55%increase ... as artificial intelligence disrupts the business of content creation. Shareholders of Seattle-based Getty will own about 54.7% of the combined company, which ...

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

Artificial intelligence is also upending the content-creation business, while cellphone cameras have reduced the value of stock photography. Founded in 1995, Getty Images has an immense library of ...

there has never been a better time for our two businesses to come together," Getty Images CEO Craig Peters said in a prepared statement. Peters will serve as CEO of the combined business.

Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while Shutterstock shareholders will own 45.3%. Getty Images also owns the iStock ...

there has never been a better time for our two businesses to come together,” Getty Images CEO Craig Peters said in a prepared statement. Peters will serve as CEO of the combined business.