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Shutterstock and Getty Images Consider Merger

The Information · Martin Peers · last updated

Photo licensing service Getty Images is exploring a merger with Shutterstock, a rival service, Bloomberg reported, in a possible sign of how the emergence of artificial intelligence-powered image creation is affecting the market for photo images.

Shares of both companies jumped on the news, …

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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.

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