# Getty Scraps $3.7B Shutterstock Merger

> Getty Images cancels $3.7 billion merger with Shutterstock after UK regulators demand Shutterstock sell its editorial business.
- Title: Getty Scraps $3.7B Shutterstock Merger · Dealroom | Shortify
- Summary: Getty Images cancels $3.7 billion merger with Shutterstock after UK regulators demand Shutterstock sell its editorial business. Getty Images terminated its…
- Keywords: getty images, shutterstock, uk competition and markets authority, merger, editorial business, stock photo, startups, business, Getty, Scraps, Dealroom
- Source: Dealroom — https://dealroom.co/news/136645-getty-scraps-3-7b-shutterstock-merger-over-uk-conditions
- Published: 2026-07-01T16:12:12+00:00
- Read time: 1 min
- Topics: getty images, shutterstock, uk competition and markets authority, merger, editorial business, stock photo, startups, business
## Getty Images
Getty Images has moved to terminate its $3.7 billion merger with rival Shutterstock, rejecting conditions set by UK regulators.
## Regulatory Condition
The UK Competition and Markets Authority demanded Shutterstock sell its global editorial arm, including celebrity and news photo agencies.
## Termination Impact
Termination triggers a special mandatory redemption of Getty's 10.5% senior secured notes due 2030, under an indenture dated October 21, 2025.
## Key takeaway

Getty Images terminated its $3.7 billion merger with Shutterstock following UK regulatory conditions requiring Shutterstock to divest its editorial business.