Core Viewpoint - Getty Images and Ancestry have formed a partnership aimed at the digital preservation and accessibility of historical documents and photographic archives from Historically Black Colleges and Universities (HBCUs) [5][6][8] Group 1: Partnership Details - The initiative is part of Getty Images' HBCU Grants Program, focusing on digitizing critical documents such as newsletters, newspapers, and yearbooks from HBCUs [5][6] - HBCUs will retain full copyright ownership of their print and digitized assets, with Ancestry working directly with each institution to digitize selected materials on-site [6][8] - The partnership began with Lincoln University, the first degree-granting HBCU, which has already started digitizing its historical documents and photographs [8][11] Group 2: Goals and Impact - The collaboration aims to enhance access, visibility, and awareness of the untold stories of HBCUs, connecting students, alumni, and institutions through genealogy [7][8] - By digitizing these archives, the initiative seeks to protect invaluable intellectual property and provide complimentary access to Ancestry's platform for students and faculty [6][8] - The partnership is expected to enrich educational programs and foster deeper connections to heritage within the HBCU community [11]

Company Announcement - Getty Images Holdings, Inc. plans to release its first quarter 2025 results after market close on May 12, 2025, followed by a conference call at 4:30 p.m. Eastern Time [1] - The conference call can be accessed via phone or through a webcast on the Investor Relations section of the company's website [2][3] Company Overview - Getty Images is a leading global visual content creator and marketplace, offering a wide range of content solutions to customers worldwide [4] - The company collaborates with over 583,000 content creators and more than 350 content partners, covering over 160,000 news, sports, and entertainment events annually [4] - Getty Images maintains one of the largest privately-owned photographic archives globally, with millions of images dating back to the inception of photography [4] Technological Advancements - The company is leveraging generative AI technologies to enhance its content offerings, allowing customers to create commercially safe visuals through text to image generation [5]

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 ...

Core Insights - Younger audiences, particularly Gen Z and Millennials, prefer authentic and relatable video content over traditional advertisements [2][4] - Video content is increasingly important for small and medium-sized businesses (SMBs) to connect with consumers and build trust [5][9] Audience Preferences - 71% of Gen Z and Millennials enjoy short-form videos on social media, while 41% find long-form videos inspiring, indicating a demand for diverse video formats [3] - A significant 98% of viewers value authenticity in the visuals they consume, with younger audiences favoring formats like "Get Ready With Me" and behind-the-scenes videos [4] Business Opportunities - SMBs can leverage approachable video formats to showcase their brand personality and human side, enhancing engagement and trust [5][6] - Video content allows businesses to tell their stories effectively, whether through light-hearted or premium brand personas [6][8] Industry-Specific Strategies - Different sectors should tailor their video storytelling approaches; for example, travel videos can drive interest and bookings, while health and wellness content should focus on real individuals [10] - In retail and e-commerce, 72% of consumers prefer video for product demonstrations, which can enhance trust and conversion rates [10]

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 ...

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 ...

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 ...

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 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 ...

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]