Shutterstock Shareholders Greenlight Merger with Getty Images

At a specially convened meeting, approximately 82% of Shutterstock’s issued and outstanding common shares were cast in support of the merger agreement. This approval represents a key step toward uniting the two digital media giants under a single umbrella and advancing their shared vision of becoming a leading global provider of visual content.

Per Investing.com, the companies believe the merger will significantly strengthen their ability to meet the evolving demands of customers by leveraging their combined resources. The joint entity plans to focus on expanding content offerings, enhancing event coverage, and accelerating innovation in product and technology development.

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“We are very pleased that our stockholders recognize the compelling rationale of this transaction and look forward to the successful completion of our merger with Getty Images,” said Shutterstock CEO Paul Hennessy.

The merger is still subject to regulatory clearance and other standard closing conditions, but both companies expect to finalize the transaction in the second half of 2025. Once complete, the merger will bring together Shutterstock’s global reach and innovation track record with Getty Images’ extensive archive and industry partnerships, positioning the combined company as a dominant player in an increasingly competitive and fast-paced market.

Source: Investing.com