share
 

Getty Images, Shutterstock to combine in $3.7B deal

0 Comment(s)Print E-mail Xinhua, January 8, 2025
Adjust font size:

Visual media company and supplier of stock images Getty Images Holdings and American provider of stock photography, footage, music and editing tools Shutterstock have agreed to merge into one visual-content company with an enterprise value of about 3.7 billion U.S. dollars.

The companies said on Tuesday that Getty shareholders would own about 54.7 percent of the combined company, which will retain the Getty name, at the closing of the deal. Shutterstock shareholders will own the remaining 45.3 percent.

"With the rapid rise in demand for compelling visual content across industries, there has never been a better time for our two businesses to come together," said Getty Chief Executive Craig Peters, who will serve as CEO of the combined company.

"Getty and Shutterstock expect the combination to drive synergies of between 150 million dollars and 200 million dollars across capital expenditures and selling, general and administrative expenses within the first three years after a deal closes," reported The Wall Street Journal about the move.

About two-thirds of this is expected to be delivered within the first 12 to 24 months. The companies also expect the deal to add to earnings and cash flow beginning in the second year, it added.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 日本三级韩国三级欧美三级| 91人成网站色www免费下载| 波多野结衣系列电影在线观看| 国产激情对白一区二区三区四| 中国china体内谢o精| 永世沉沦v文bysnow全文阅读| 国产午夜成人AV在线播放| gogo全球大胆专业女高清视频| 手机在线观看视频你懂的| 亚洲日韩亚洲另类激情文学 | 日韩亚洲欧美在线观看| 俺去俺也在线www色官网| 美妇浑圆硕大高耸美乳| 国产福利片在线观看| 91手机在线视频| 成人欧美一区二区三区视频 | 国内精品久久久久国产盗摄| jianema.cn| 好爽好紧好多水| 一级做a爰片欧美一区| 樱桃黄高清完整版在线观看| 亚洲欧洲国产综合| 精品香蕉一区二区三区| 国产丰满麻豆videossexhd| 2021在线观看视频精品免费| 成人久久精品一区二区三区| 亚洲av一本岛在线播放| 真实的国产乱xxxx在线| 午夜精品久久久久久毛片| 老子影院午夜伦不卡不四虎卡| 国产乱人视频在线观看播放器| 高清国产精品久久| 国产成人综合久久亚洲精品| 久久久国产精品四虎| 在线亚洲精品视频| a级毛片在线免费观看| 日本丰满岳乱妇在线观看| 久久桃花综合桃花七七网| 毛片毛片毛片毛片毛片毛片| 亚洲视频天天射| 特级毛片www|