Shutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections. The Competition and Markets Authority required divestment of Shutterstock’s editorial business, leading Getty to walk away. The collapse hit investor sentiment as both firms now face rising competition from AI-generated image tools.
Shutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections. The Competition and Markets Authority required divestment of Shutterstock’s editorial business, leading Getty to walk away. The collapse hit investor sentiment as both firms now face rising competition from AI-generated image tools.
<iframe src="https://hindustansphere.com/embed/cluster/3bd4bd978627de14476ae6a9b54fb6c4c9129c7f" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Shutterstock shares crash 29% after Getty Images calls off $3.7 billion merger"></iframe>
