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Getty Images and Shutterstock, two of the top photo, video and stock image marketplaces, called off a $3.7 billion merger after hitting a regulatory roadblock in the United Kingdom. Getty, led by CEO Craig Peters, said on Tuesday that its board of directors unanimously decided to scuttle the deal to merge with its rival after…
AI search startup Perplexity has signed a multi-year licensing deal with Getty Images, which gives it permission to display images from Getty across its AI-powered search and discovery tools. The deal marks a notable shift for the company, which has been hit by allegations of content scraping and plagiarism, and signals an effort to establish…
Craig Peters is bullish on AI. The CEO of Getty Images, who is taking part in an innovation summit on artificial intelligence being held Wednesday at Cannes’ international TV market MIPTV, remains clear-eyed about the dangers generative AI could pose to the creative industries. “What concerns me is that not everyone wants there to be…