Getty Images Ends Shutterstock Merger After UK Regulatory Demands

By EC Assets · Published 7 July 2026

Getty Images has terminated its merger agreement with Shutterstock. The decision followed a requirement from a U.K. regulator for Shutterstock to sell its editorial business. This development led to a significant premarket decline in Shutterstock's stock. The merger, valued at $3.7 billion, was called off after the extended end date. Getty Images also plans to redeem its 10.500% senior secured notes due 2030. Shutterstock's stock plunged by 28% premarket following the announcement. One report stated a 29% decline in Shutterstock stock. The U.K. regulatory block was a key factor in the termination of the deal. Regulators demanded that Shutterstock spin off its editorial business for the merger to proceed. The transaction was subject to shareholder and regulatory approval. This development occurs amidst Getty's own copyright litigation. Content owners are exploring licensing into AI systems. This article is intended for informational purposes only. It does not constitute investment advice.