•1 min read•from PetaPixel
UK Watchdog Says Shutterstock Must Sell its Editorial Business to Approve Getty Merger
Our take
In a significant development for the proposed $3.7 billion merger between Getty Images and Shutterstock, a U.K. watchdog has mandated that Shutterstock must divest its editorial business to secure approval for the deal. This decision introduces a crucial obstacle in the merger process, highlighting regulatory concerns surrounding competition in the visual content market. As both companies navigate this unexpected hurdle, the outcome could reshape the landscape of stock photography and editorial imagery.
A U.K. watchdog has thrown a spanner into the proposed $3.7 billion merger between Getty Images and Shutterstock after it said the latter needed to sell its editorial business.
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#editorial portraits#health and wellness#Shutterstock#Getty Images#U.K.#merger#editorial business#watchdog#proposal#approval#$3.7 billion#business sale#regulatory#media#licensing#acquisition#copyright#image rights#stock photography#digital content