Getty Images has announced a merger with Shutterstock in a cash-and-stock deal valued at approximately $3.7 billion. The combined company will retain the Getty Images name, with Getty shareholders owning about 54.7% and Shutterstock shareholders 45.3%. This strategic move comes amid the evolving landscape of the stock image industry, where AI presents both challenges and opportunities. The merger could potentially attract antitrust scrutiny as it consolidates two major players in the market. Getty CEO Craig Peters highlights the merger's potential to enhance content offerings and technology.