Shutterstock and Getty Images to join and become huge visual content company

The companies said that they have complementary portfolios, and the transaction creates a broader set of visual content products across still imagery, video, music, 3D and other asset types

Craig Peters will serve as CEO of the combined business. Picture: Alamy

Visual content companies Shutterstock and Getty Images will join to become a 3.7 billion dollars (£3 billion) visual content company.

The companies said on Tuesday that they have complementary portfolios, and the transaction creates a broader set of visual content products across still imagery, video, music, 3D and other asset types.