Getty Images and Shutterstock to merge to form $3.7B stock photo giant
The combined entity is expected to be valued at $3.7 billion based on yesterday’s closing share prices.
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.