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Getty Images Editorial Photography Internship Program Returns for 2025
GlobeNewswire· 2025-04-16 20:07
Opportunities open for aspiring photographers to gain hands-on experience across News, Sport, and Entertainment, with support from Canon A Media Snippet accompanying this announcement is available by clicking on this link. NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Getty Images (NYSE: GETY), a preeminent global visual content creator and marketplace, today announced the return of its annual Editorial Photography Internship Program, created to nurture the next generation of visual storytellers. With suppor ...
From ‘GRWM’ to ‘BTS’: Why SMBs Must Embrace Authentic, Story-Driven Video to Connect with Gen Z and Millennials
GlobeNewswire· 2025-04-15 12:55
A Media Snippet accompanying this announcement is available by clicking on this link. New insights reveal that younger audiences expect more than ads—they want real stories, honest content, and video formats that feel personal and relatable. NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) -- iStock, a leading ecommerce platform providing premium content to SMBs, SMEs, creatives, and students everywhere, reveals video content continues to dominate the digital landscape, particularly among Gen Z and Millennial con ...
Getty Images Named as Exclusive Worldwide Photographic Licensing Partner of WWE®
GlobeNewswire· 2025-04-07 12:58
A Media Snippet accompanying this announcement is available by clicking on this link. NEW YORK, April 07, 2025 (GLOBE NEWSWIRE) -- Getty Images (NYSE: GETY), a preeminent global visual content creator and marketplace, and WWE, part of TKO Group Holdings (NYSE: TKO), today announced a new photography partnership that will see Getty Images serve as the Exclusive Worldwide Photographic Licensing Partner of WWE. Getty Images will exclusively distribute and license WWE‑owned imagery for editorial and commercial ...
Getty Images and Shutterstock Receive Second Request from the U.S. Department of Justice
Newsfilter· 2025-04-02 21:15
NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. (NYSE:GETY) and Shutterstock, Inc. (NYSE:SSTK) today announced the companies have each received a Request for Additional Information and Documentary Material (Second Request) from the U.S. Department of Justice (DOJ) in connection with Getty Images' proposed merger with Shutterstock. The Second Request was issued under notification requirements of the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, as amended. The effect o ...
Getty Images and Shutterstock Receive Second Request from the U.S. Department of Justice
GlobeNewswire· 2025-04-02 21:15
NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. (NYSE: GETY) and Shutterstock, Inc. (NYSE: SSTK) today announced the companies have each received a Request for Additional Information and Documentary Material (Second Request) from the U.S. Department of Justice (DOJ) in connection with Getty Images’ proposed merger with Shutterstock. The Second Request was issued under notification requirements of the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, as amended. The effect ...
Getty Images Announced as the Official Photography Partner of Major League Soccer
GlobeNewswire· 2025-03-28 12:57
Core Points - Getty Images has been named the Official Photography Partner of Major League Soccer (MLS) [2][3] - The partnership will involve editing, distributing, and licensing MLS-owned imagery for editorial and commercial uses [3][4] - This multi-year exclusive partnership aims to enhance the quality of sports content for media, licensees, and fans [4][5] Company Overview - Getty Images is recognized for its global scale, technology, innovation, and quality of service in the visual content industry [4] - The company has a significant presence in the soccer market, recently adding the National Women's Soccer League to its portfolio [5] Industry Context - MLS is experiencing unprecedented growth, highlighted by record-setting attendance, merchandise sales, and social media engagement [6] - The 2025 season marks the 30th anniversary of MLS, with the debut of its 30th club, San Diego FC [6][7] - The partnership with Getty Images is expected to document and capture significant moments in MLS history [7] Strategic Importance - The collaboration is positioned to provide convenient access to high-quality soccer imagery across North America [5] - Getty Images has a long history of partnerships with major sports leagues and governing bodies, covering over 50,000 sports events annually [7]
Getty Images Beats Earnings Expectations, But Analyst Downgrades 2025 Revenue & EBITDA Forecast
Benzinga· 2025-03-18 17:52
Getty Images Holdings, Inc. GETY shares are trading higher on Tuesday.On Monday, the firm released its fourth-quarter results after the closing bell when it reported quarterly earnings of six cents per share, which beat the analyst consensus estimate of four cents. Quarterly revenue came in at $247.3 million, which beat the analyst consensus estimate of $246.31 million.The company sees fiscal 2025 revenue in a range of $918 million to $955 million and adjusted EBITDA in a range of $272 million to $290 milli ...
Getty Images (GETY) - 2024 Q4 - Earnings Call Transcript
2025-03-18 02:00
Financial Data and Key Metrics Changes - In Q4 2024, revenue grew to $247.3 million, representing a 9.5% increase or 8.5% on a currency-neutral basis [9][18] - For the full year 2024, revenue was $939.3 million, an increase of 2.5% on both reported and currency-neutral basis [10][18] - Adjusted EBITDA for Q4 was $80.6 million, up 11.7% year-over-year, with an adjusted EBITDA margin of 32.6%, up from 31.9% in Q4 2023 [28][29] - Full year adjusted EBITDA was $300 million, with a margin of 32% compared to 32.9% in 2023 [29] Business Line Data and Key Metrics Changes - Annual subscription revenue accounted for 54.9% of total revenue in Q4, growing approximately 11% on both reported and currency-neutral basis [19] - Paid downloads decreased slightly to $93 million, while video attachment rate increased to 16.5% from 14.1% in Q4 2023 [21] - Creative revenue was $142.4 million, down 2.4% year-on-year, primarily due to a shift in download consumption from creative to editorial [22][23] - Editorial revenue increased to $90.1 million, up 19% year-on-year, driven by major events [21] Market Data and Key Metrics Changes - The Americas region saw a revenue increase of 15.9% in Q4 on a currency-neutral basis, while APAC was up 0.4% and EMEA down just under 1% [18] - The corporate segment remains the largest growth opportunity, while Agency is expected to stabilize without significant growth [60] Company Strategy and Development Direction - The merger with Shutterstock is viewed as a transformational opportunity, aimed at creating superior value for customers and shareholders [8] - Continued investment in core assets and partnerships, along with the launch of new AI capabilities, is part of the strategy to enhance customer value [14][15] - The company aims to reduce leverage and increase margins and cash flow through the merger [15][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's future despite challenges such as the Los Angeles fires impacting production [15] - The company anticipates revenue for 2025 to be between $918 million and $955 million, reflecting a slight decline to modest growth [40] - Adjusted EBITDA for 2025 is expected to be between $272 million and $290 million, indicating a potential decline year-over-year [41] Other Important Information - Free cash flow for Q4 was $24.6 million, an increase from $18.6 million in Q4 2023, while full year free cash flow was $60.9 million, down from $75.7 million in 2023 [32] - The company completed a refinancing of term loans, extending maturities to 2030, which includes $1 billion of term loans outstanding [36][37] Q&A Session Summary Question: Update on generative AI consumer uptake and monetization - Management noted that AI service uptake is growing modestly, primarily among existing customers using technology to modify imagery [48][49] Question: Factors driving Q4 outperformance relative to guidance - The strong Q4 performance was attributed to a robust top line, improved gross margins, and recovery in production post-strikes [51][53] Question: Outlook for 2025 revenue growth by segment and data licensing revenue - Management does not provide specific segment guidance but expects continued stabilization in Agency and growth in Corporate [60][62]
Getty Images Holdings, Inc. (GETY) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2025-03-17 23:10
Getty Images Holdings, Inc. (GETY) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -125%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four quarters, the company ha ...
Getty Images (GETY) - 2024 Q4 - Annual Report
2025-03-17 20:11
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 Or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number: 001-41453 GETTY IMAGES HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 87-3764229 Sta ...