The merger of the famous American photo agency Getty Images and one of the largest photo banks Shutterstock is being discussed. Bloomberg sources reported this.
According to sources, Getty Images is considering a merger of the two institutions. However, the terms of the agreement are not yet known. It is reported that Getty Images has not yet made a decision and there is a possibility that the agreement will not go through. Both companies did not respond to inquiries on the issue.
The discussions are taking place at a time when the demand for photos, videos and other media content has increased recently. The main reason for this increase is that users spend more time on the Internet.
Founded in 1995, Getty Images is an American photo agency with one of the largest image databases in the world. Shutterstock is another large American photo bank. It should be noted that Getty Images acquired the free stock image platform Unsplash in 2021.