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Getty Images

American visual media company


American visual media company

FieldValue
nameGetty Images Holdings, Inc.
typePublic
traded_as
predecessors
founders
area_servedWorldwide
key_people
industry
genreStock photography
products
servicesRights-managed and royalty-free images, audio, and video
revenue(2023)
operating_income(2023)
net_income(2023)
assets(2023)
equity(2023)
ownerGetty family (36.7%)
num_employees(2023)
divisionsGetty Productions
subsid
homepage
foundation(as Getty Investments, LLC.)
location_citySeattle, Washington
location_countryU.S.

Getty Images Holdings, Inc. (stylized as gettyimages) is a visual media company and supplier of stock images, editorial photography, video, and music for businesses and consumers, with a library of over 477 million assets. It targets three markets—creative professionals (advertising and graphic design), the media (print and online publishing), and corporate (in-house design, marketing and communication departments).

Getty Images has distribution offices around the world and capitalizes on the Internet for distribution with over 2.3 billion searches annually on its sites. As Getty Images has acquired other older photo agencies and archives, it has digitized their collections, enabling online distribution. Getty Images operates a large commercial website that clients use to search and browse for images, purchase usage rights, and download images. Image prices vary according to resolution and type of rights. The company also offers custom photo services for corporate clients. In January 2025, it was announced that the company would be merging with Shutterstock.

History

In 1995, Mark Getty and chief executive officer Jonathan Klein co-founded Getty Investments LLC in London. Mark Getty is the company's chairman. In September 1997, Getty Communications, as it was called at the time, merged with PhotoDisc, Inc. to form Getty Images. The company relocated to Seattle two years later and expanded in the United States, reaching 2,000 employees by 2006. In April 2003, Getty Images entered into a partnership with Agence France-Presse (AFP) to market each other's images.

Getty Images acquired the Michael Ochs Archives in February 2007. The Michael Ochs Archives were described by The New York Times as "the premier source of musician photography in the world".

In 2008, the private equity firm Hellman & Friedman (H&F) acquired Getty Images for $2.4 billion. In 2012, H&F put Getty up for sale. As of the ensuing sale to Carlyle Group, the company was said to have an archive that included 80 million stills and illustrations. The company was acquired by the Getty family in 2018.

The company moved to its current headquarters, in the Union Station office complex in Seattle's International District, in 2011.

In 2015, Jonathan Klein became the company's chairman, and Dawn Airey was hired as chief executive officer (CEO) of Getty Images. Airey remained in the role until 31 December 2018, at which time she became a non-executive director member of its board and Craig Peters was appointed CEO.

In 2019, Getty Images introduced Market Freeze, simplifying the exclusivity of rights-managed images. Later that year, it announced that due to customers' changing needs, it plans to phase out rights-managed imagery by 2020 in favor of royalty-free images.

In December 2021, Getty Images announced its intention to become publicly traded once more through a combination with CC Neuberger Principal Holdings II. In July 2022, the SPAC merger was completed, and the newly formed parent company of Getty Images went public on the New York Stock Exchange under the symbol GETY.

Activist investor Trillium Capital made an unsolicited bid to acquire Getty for billion in April 2023representing nearly a 100 percent premium. Getty turned down the offer, questioning its credibility.

In September 2023, Getty announced that it was partnering with Nvidia to launch Generative AI by Getty Images, a new tool that lets people create images using Getty's library of licensed photos. Getty will use Nvidia's Edify model, which is available on Nvidia's generative AI model library, Picasso. Their stock footage is used in Baby Einstein and Little Einsteins.

In January 2025, it was announced that the company would be merging with Shutterstock. The UK's Competition and Markets Authority launched an investigation into the proposed merger in August 2025.

Acquisitions

Since its formation, Getty Images has pursued an aggressive programme of acquisition, buying up many privately owned agencies that had built up the stock photography industry, from small family-run firms to larger agencies. By 1999, it had acquired one of the largest agencies, Tony Stone Images; the online art seller Art.com; the sports photography agency Allsport; and the market leader in the Benelux and Scandinavia: World View (1996, from Bert Blokhuis, four offices, for an undisclosed sum); journalistic specialists Liaison Agency; Newsmakers, the first digital news photo agency; Online USA, a specialist in celebrity shots; and the Hulton Press Library, the former archive of the British photojournalistic magazine Picture Post. The Hulton collection was sold by the BBC to Brian Deutsch in 1988, when it was renamed Hulton Deutsch. Getty Images purchased the Hulton collection in 1996 and renamed it Hulton Getty. With the acquisition of the Hulton Library, Getty Images took ownership of the rights to some 15 million photographs from British press archives dating back to the nineteenth century. Hulton Getty also included photographs from the Keystone Collection, as well as images by notable photographers such as Bert Hardy, Bill Brandt, Weegee, and Ernst Haas.{{cite web |access-date=14 August 2009 |archive-url=https://web.archive.org/web/20011021133300/http://hultongetty.com/ixbin/hixclient.exe?IXDB=hulton&IXSESSION=&search-form=about.html&submit-button=search |archive-date=21 October 2001

Getty has branched out into stock audio, music and sound effects, and also video with the acquisition of EyeWire and Energy Film Library.{{Cite book

In 2000, Getty acquired one of its main competitors, Archive Photos of New York (a division of The Image Bank), for US$183 million. The Archive Photos library was combined with the Hulton Getty collection to form a new subsidiary, Hulton Archive. Archive Photos was formed in 1990 from the merger of Pictorial Parade (est. 1935) and Frederick Lewis Stock Photos (est. 1938), two well-established US photo agencies. Their collections included archive images from The New York Times, Metronome, and George Eastman House, and works by photographers such as Ruth Orkin, Anacleto Rapping, Deborah Feingold, Murray Garrett, Nat Fein and John Filo.

Further acquisitions followed, with the purchase in 2004 of Image.net for US$20 million.{{cite web |access-date=14 May 2007 |archive-date=22 April 2005 |archive-url=https://web.archive.org/web/20050422001239/http://www.image.net/ |url-status=live |url-status = dead |archive-url = https://web.archive.org/web/20090127050720/http://abouttheimage.com/2316/getty_acquires_istockphoto_for_50_million/author2 |archive-date = 27 January 2009 |url-status=dead |archive-url=https://web.archive.org/web/20081024125728/http://media.gettyimages.com/article_display.cfm?article_id=131 |archive-date=24 October 2008

On 23 October 2008, Getty Images announced their intention to buy Jupitermedia's online images division, Jupiterimages, for $96 million in cash. The sale went ahead in February 2009; Jupiterimages (including the sites stock.xchng and StockXpert) is now a wholly owned subsidiary of Getty. Jupitermedia, now trading as WebMediaBrands, continues its Internet publishing business, which they didn't sell to Getty Images.{{cite web |archive-url = https://web.archive.org/web/20090228031805/http://company.gettyimages.com/article_display.cfm?article_id=192&isource=corporate_website_ind_press_release |url-status = dead |archive-date = 28 February 2009 |access-date = 13 August 2009

On 25 January 2016, Corbis announced that it had sold its image licensing business, including the Corbis Images, Corbis Motion, and Veer libraries and their associated assets, to Unity Glory, an affiliate of Visual China Group—Getty's exclusive distributor in China. Concurrently, it was announced that VCG would, after a transition period, license, distribute, and market the Corbis library outside of China to Getty. Getty now manages Corbis's physical archives on behalf of VCG and Unity Glory.

In March 2021, Getty Images acquired Unsplash, a free-to-use stock photography website, for an undisclosed sum.

Corporate ownership and management

In February 2008, it was announced that Getty Images would be acquired by the private equity firm Hellman & Friedman in a transaction valued at an estimated US$2.4 billion. On 2 July 2008, Getty Images announced the completion of its acquisition. Getty Images common stock ceased trading on the New York Stock Exchange at the close of the acquisition and was delisted from the NYSE.

In 2012, H&F engaged investment bankers to sell the company. While a price of $4 billion was initially discussed, in August, when the private equity firm Carlyle Group emerged as the likely acquirer, the price under consideration was said to be $3.3–3.4 billion. CVC Capital Partners Ltd. was also said to have been bidding but had yet to top Carlyle's price. The sale to Carlyle thereafter was announced at $3.3 billion, with co-founders Getty and Klein and the Getty family all carrying their investments over into the new ownership structure. Getty continues to serve as chairman and Klein as chief executive.

In September 2018, the Getty family announced it would acquire a majority stake in the company from The Carlyle Group. In July 2022, the company went public again.

References

References

  1. Roberts, Paul. (1 December 2019). "It's crunch time for Seattle-based photo giant Getty Images, and for photographers". [[The Seattle Times]].
  2. Franklin, Joshua. (4 September 2018). "Getty family to regain control of photo agency". [[Reuters]].
  3. (29 June 2022). "Getty Images Holdings, Inc. amended Form S-4". [[U.S. Securities and Exchange Commission]].
  4. (March 15, 2024). "2023 Annual Report (Form 10-K)". [[U.S. Securities and Exchange Commission]].
  5. "Getty Images and Shutterstock to Merge, Creating a Premier Visual Content Company".
  6. (1 April 2003). "Getty Images and Agence France-Presse (AFP) Enter Into Partnership to Increase Breadth, Depth, Reach and Quality". Getty Images.
  7. (27 February 2007). "Getty Images Acquires the Michael Ochs Archives". Getty Images.
  8. Schwarz, Alan. (28 May 2006). "They Had Faces Then: An Archive Keeps Stars Ever Young". [[The New York Times]].
  9. [https://dealbook.nytimes.com/2012/08/15/carlyle-in-3-3-billion-deal-for-getty-images/ "Carlyle in $3.3 Billion Deal for Getty Images"] {{Webarchive. link. (15 February 2018 , ''New York Times'' Dealbook, 15 August 2012. Retrieved 15 August 2012.)
  10. (12 August 2011). "Getty Images moving HQ to International District". The Seattle Times.
  11. (20 September 2015). "Dawn Airey takes over from Jonathan Klein as Getty Images boss".
  12. Jasper Jackson. (21 September 2015). "Dawn Airey joins Getty Images as CEO". The Guardian.
  13. "Getty Images appoints Dawn Airey as Chief Executive Officer". Getty Images Press Room.
  14. "Dawn Airey".
  15. Pickerell, Jim. (13 March 2019). "Getty To Push Exclusive RM".
  16. Banwell, Paul. (7 November 2019). "Service Announcement: Important licensing changes that will affect your images".
  17. Beltran, Luisa. (25 July 2022). "Getty Images Is a Public Company Again but Its Stock Drops 2% on First Day". [[Barron's (newspaper).
  18. Datta, Tiyashi. (April 24, 2023). "Trillium Capital declines to give details on $4 bln Getty Images offer". Reuters.
  19. Li, Diana. (April 24, 2023). "Getty Images Soars on Trillium Capital Offer $10 a Share". Bloomberg News.
  20. (April 25, 2023). "Getty Rebuffs $4 Billion Trillium Takeover Bid as Not 'Credible'". Bloomberg News.
  21. Emilia David. (September 25, 2023). "Getty made an AI generator that only trained on its licensed images". Verge.
  22. "Getty Images and Shutterstock to Merge, Creating a Premier Visual Content Company".
  23. Walker, Ian. (22 August 2025). "Getty Images Merger With Shutterstock Gets U.K. Regulatory Probe".
  24. (6 October 2016). "New Promo Feature from Slidely Aims to Make Every Marketer Into a Video Creator: But Does it Succeed?".
  25. (25 October 2014). "David Redfern obituary". telegraph.co.uk.
  26. D'Souza, Savio. (23 October 2008). "Jupitermedia to sell online image unit to Getty". Reuters.
  27. (25 January 2016). "Bill Gates' Corbis Images Sold to Visual China Group".
  28. "The Decade-Long Image Licensing War Is Suddenly Over".
  29. Donald R. Winslow. (22 January 2016). "Corbis Sold To Getty's China-Based Investment Group". [[National Press Photographers Association]].
  30. Simpson, Meagan. (2021-03-30). "Unsplash to be acquired by Getty Images {{!}} BetaKit".
  31. (25 February 2008). "Getty Images Press Release".
  32. (2 July 2008). "Getty Images Announces Completion of Acquisition by Hellman & Friedman".
  33. Alesci, Cristina, and Jeffrey McCracken, [https://www.bloomberg.com/news/2012-08-14/carlyle-group-said-to-be-leading-bidder-for-getty-images.html "Carlyle Group Said to Be Leading Bidder for Getty Images"] {{webarchive. link. (16 August 2012 , ''Bloomberg'', 14 August 2012. Retrieved 14 August 2012.)
  34. (4 September 2018). "Getty family to buy majority stake in Getty Images from Carlyle". Reuters.
  35. (2008). "Photographs for Charity by Cambridge Jones at Getty Images Gallery in London".
  36. (2019). "London's Getty Images Gallery is now permanently closed, Jan 2019".
  37. Grossman, Wendy, [https://www.theguardian.com/technology/2008/nov/27/internet-photography "Is a picture really worth £1,000?"] {{Webarchive. link. (21 October 2021 , ''The Guardian'', 27 November 2008. Retrieved November 2011.)
  38. Lazarus, David. (13 September 2009). "Controlling illegal use of copyrighted material on the Web - Los Angeles Times". Articles.latimes.com.
  39. Laurent, Olivier. (5 March 2014). "Getty Images makes 35 million images free in fight against copyright infringement". British Journal of Photography.
  40. Brustein, Joshua. (6 March 2014). "Since It Can't Sue Us All, Getty Images Embraces Embedded Photos". Bloomberg Businessweek.
  41. Brandom, Russell. (5 March 2014). "The world's largest photo service just made its pictures free to use". The Verge.
  42. "Google removes 'view image' button from search results to make pics harder to steal". The Verge.
  43. Amadeo, Ron. (16 February 2018). "Internet rages after Google removes "view image" button, bowing to Getty".
  44. "No. 7:09-CV-1252 (GTS/GHL)". United States District Court, N.D. New York..
  45. Michelen, Oscar. (4 October 2011). "Makers of Pine-Tree Deodorizers Allowed to Proceed With Lawsuit Against Getty Images". Courtroomstrategy.com.
  46. Michelen, Oscar. (28 August 2012). "Getty Images Pays $100K to Settle Car-Freshner Suit". Courtroomstrategy.com.
  47. Marsh, Julia. "Model sues after HIV-positive ad". New York Post.
  48. Ryan, Órla. (20 September 2013). "Greenpoint Model Tired of Telling Dates She's HIV Free Sues Getty". The New York Observer.
  49. Marsh, Julia. (10 March 2014). "Model wins round in HIV-ad lawsuit". New York Post.
  50. (8 February 2016). "More Lessons on How Not to Use Stock Images. Improper Use of Stock Image in HIV Ad Results in Successful Lawsuits against Getty Images and Advertiser". 8 February 2016.
  51. Ax, Joseph. (22 November 2013). "Photographer wins $1.2 million from companies that took pictures off Twitter". Reuters.
  52. Laurent, Olivier. (24 November 2013). "Getty Images disappointed at $1.2m Morel verdict". Incisive Media.
  53. (22 November 2016). "$1 Billion Getty Images Lawsuit Ends Not with a Bang, but a Whimper".
  54. (29 July 2016). "Photographer sues Getty Images for $1 billion after she's billed for her own photo".
  55. (28 July 2016). "Photographer sues Getty Images for selling photos she donated to public".
  56. (2 August 2016). "Getty Images will bill you thousands to use a photo that belongs to the public. Is that legal?". LA Times.
  57. "Getty Likely To Settle $1B Suit By Photographer For Appropriating Her Public-Domain Work". Forbes.
  58. (2016). "Getty Images sued again over alleged misuse of over 47,000 photos". Ars Technica.
  59. Struk, Janina. (2004). "Photographing the Holocaust: Interpretations of the Evidence". I.B.Tauris.
  60. (7 October 2016). "Nazis Arresting Jews in Warsaw Ghetto".
  61. (2 May 2011). "Battle of the Bzura. Polish cavalry in Sochaczew in 1939.World War II".
  62. [https://www.techdirt.com/articles/20190329/15352641901/getty-images-sued-yet-again-trying-to-license-public-domain-images.shtml Getty Images Sued Yet Again For Trying To License Public Domain Images] {{Webarchive. link. (1 August 2020 , Mike Masnick, techDirt, 1 April 2019)
  63. (May 23, 2019). "Jason Mazzone on Copyfraud and the Lawsuit Against Getty Images".
  64. . (17 January 2023). ["Getty Images Statement"](https://newsroom.gettyimages.com/en/getty-images/getty-images-statement).
  65. James Vincent. (17 January 2023). "Getty Images is suing the creators of AI art tool Stable Diffusion for scraping its content".
  66. Raghav, Mehta. (10 June 2025). "Getty's $1 Billion UK Copyright Battle: 5 Key Reasons It Won't Break AI Innovation".
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