Welcome to our dedicated page for GETTY IMAGES HOLDINGS news (Ticker: GETY), a resource for investors and traders seeking the latest updates and insights on GETTY IMAGES HOLDINGS stock.
Getty Images Holdings Inc. (GETY) operates the world's most comprehensive visual content marketplace, providing creative and editorial imagery to global media, brands, and marketing teams. This page serves as the definitive source for verified company announcements, offering investors and industry professionals direct access to official updates.
Find curated press releases covering financial results, technology innovations like AI-powered image generation tools, and strategic partnerships with organizations including UEFA and major media networks. Our repository ensures you stay informed about licensing expansions, content library developments, and operational milestones.
All updates are organized chronologically with clear sourcing, maintaining journalistic integrity while prioritizing accessibility. Key focus areas include visual AI advancements, copyright-safe content solutions, and global marketplace growth initiatives. Bookmark this page for efficient tracking of GETY's evolving role in shaping visual communication across digital platforms.
Getty Images, in partnership with Verizon and the National Disability Leadership Alliance (NDLA), has announced a $20,000 creative grant aimed at improving disability representation in workplace settings. The grant will be distributed among three recipients: $10,000, $7,000, and $3,000.
The initiative responds to research showing that while 2 out of 3 Americans believe diverse representation has positive impacts, 75% of current visuals show people with disabilities primarily in healthcare settings rather than professional environments. The grant builds upon The Disability Collection, a 2018 partnership that has grown to include over 12,000 curated images and videos.
Applications are open globally until March 7th, 2025, with winners to be announced the week of April 28th, 2025. Recipients will receive 100% royalty rates for project-related content on GettyImages.com, mentorship from Getty Images' Art Directors, and promotional opportunities. The program particularly encourages applications from photographers and videographers with disabilities.
Getty Images (NYSE: GETY) and Shutterstock (NYSE: SSTK) have announced a merger of equals, creating a premier visual content company with an enterprise value of approximately $3.7 billion. The combined entity will operate as Getty Images Holdings and trade under 'GETY' on NYSE.
The merger is expected to generate annual cost synergies between $150-200 million by year three, with two-thirds achievable within 12-24 months. The combined company projects 2024 pro forma revenue of $1.979-1.993 billion, including 46% subscription revenue.
Under the agreement, Shutterstock stockholders can choose between $28.84870 in cash per share, 13.67237 Getty Images shares per share, or a mixed consideration of 9.17 shares plus $9.50 in cash per share. Post-merger, Getty Images stockholders will own 54.7% and Shutterstock stockholders 45.3% of the combined company. Getty Images CEO Craig Peters will lead the merged company.
iStock has released its 2025 Marketing Trends Report, highlighting strategies for businesses in a trust-driven marketplace. Key findings show that 81% of consumers distrust social media content, while 64% trust businesses over celebrities or influencers. The report identifies three major trends:
1. Real-User Content (RUC) is replacing traditional influencer marketing, with 67% of people finding traditional ads more authentic than sponsored influencer posts.
2. Radical honesty is becoming crucial, with 98% of consumers valuing authentic images and videos for building trust.
3. Trust-centric AI usage is growing, with 86% of consumers supporting AI-generated content when properly labeled and 74% accepting it when used ethically.
Getty Images (NYSE: GETY) and Clarifai have announced a strategic partnership to integrate Getty's generative AI capabilities into Clarifai's platform. The collaboration will provide Clarifai's enterprise customers with access to AI-generated visuals through Getty Images' API, ensuring legally protected and commercially safe content.
The service is powered by NVIDIA AI and Edify, trained exclusively on Getty Images' creative library. Customers can generate custom visual content tailored to specific requirements, with initial trial operations available for free and volume-based discounts. The integration can be utilized within Clarifai's broader AI-powered workflow for computer vision, classification, and automation solutions.
Getty Images (NYSE: GETY) has released its 2024 Year In Review, showcasing the year's most significant visual moments through a comprehensive collection of images and videos. The company's editorial team covered over 160,000 events worldwide, including global elections, the Paris Olympics, climate disasters, and major cultural events.
The review highlights Getty Images' role in documenting important moments while addressing the growing importance of authentic visual content in an era of AI advancement. Their VisualGPS research reveals that 90% of people globally seek trustworthy visuals, though 62% struggle to distinguish between real and artificial content.
Getty Images (NYSE: GETY) has announced a strategic content integration with TikTok, enabling advertisers to access Getty's premium creative content library through TikTok's AI-powered Symphony Creative Studio. This integration allows businesses to create TikTok-first ads and organic content more efficiently, leveraging Getty's extensive collection of images and videos. The collaboration is part of TikTok's broader expansion of tools to support advertisers and content creators, making the creative production process more streamlined while ensuring commercially safe content globally.
Getty Images (NYSE: GETY) has enhanced its generative AI tools with new features focused on product placement and reference image capabilities. The update, available on both Generative AI by Getty Images and iStock platforms, enables businesses to create customized product imagery more efficiently. Users can now upload proprietary product images and generate custom backgrounds with realistic lighting and shadows. The new reference image feature allows control over color palettes and compositions to maintain brand consistency. These tools aim to streamline content creation workflows while ensuring commercial safety and professional quality.
Getty Images (NYSE: GETY) reported Q3 2024 results with revenue of $240.5 million, up 4.9% year-over-year (5.4% currency neutral). The company posted a net loss of $2.5 million, compared to an $18.4 million loss in Q3'23. Adjusted EBITDA reached $80.6 million with a 33.5% margin.
Key highlights include nearly 50% growth in annual subscribers, with subscriber revenue representing 52.4% of total revenue. The company demonstrated growth across Getty Images, iStock, and Unsplash+ platforms, as well as all customer categories. Based on strong performance, management raised both Revenue and Adjusted EBITDA guidance for 2024.
Getty Images Holdings, Inc. (NYSE: GETY), a leading global visual content creator and marketplace, has announced the release date for its third quarter 2024 financial results. The company will disclose its results after market close on Thursday, November 7, 2024, followed by a conference call at 4:30 p.m. Eastern Time to discuss the findings.
Interested parties can access the conference call via phone by dialing 1-800-717-1738 (US) or 1-646-307-1865 (international). An audio replay will be available for two weeks, accessible by dialing 1-844-512-2921 (US) or 1-412-317-6671 (international) with the passcode 1153941. Additionally, a simultaneous webcast of the call will be available on the company's Investor Relations website, with a replay option available shortly after the call.
iStock, a leading e-commerce platform for visual content, has unveiled a 10-step guide to help businesses master the craft of prompting for AI-generated images. The guide aims to assist SMBs and SMEs in leveraging AI for their visual content needs. Key steps include:
1. Ensuring commercial safety and legal protection
2. Starting with a clear vision
3. Being detailed and specific
4. Describing the scene's environment
5. Highlighting key elements
6. Incorporating emotions and mood
7. Including action or dynamics
8. Considering perspective and angle
9. Reviewing, refining, and iterating
10. Prioritizing authenticity
The guide emphasizes the importance of crafting effective prompts to transform ideas into stunning visuals using AI tools. It also highlights the need for transparency, as 90% of people want to know if an image is AI-generated, according to iStock's VisualGPS report.
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