Core Insights - Getty Images has renewed its multi-year partnership with UEFA, continuing as UEFA's official photographic agency [3][4][6] - The agreement includes comprehensive coverage of all UEFA men's and women's competitions, including the UEFA Champions League and the new UEFA Women's Europa Cup starting in the 2025/2026 season [4][5] - Getty Images will provide an expanded range of creative editorial content, including official player portraits and short-form video content for UEFA partners [5][6] Company Overview - Getty Images has been a trusted partner for 30 years to leading sports rights holders and is the official photographer for 125 significant sports governing bodies, leagues, and clubs globally [8] - The company has worked with UEFA since 2004 and has content from all UEFA competitions dating back to the first European Cup Final in 1956 [9] Partnership Details - The partnership will cover the UEFA Women's EURO 2025 in Switzerland, with photographers capturing various aspects of the tournament across eight cities [6] - Getty Images aims to deliver high-quality content and engage fans through almost real-time imagery [6][7]

Company Announcement - Getty Images Holdings, Inc. plans to release its fourth quarter and full year 2024 results after market close on March 17, 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 company's Investor Relations 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 576,000 content creators and more than 340 content partners, covering over 160,000 news, sports, and entertainment events annually [4] - Getty Images maintains one of the largest privately-owned photographic archives, 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]

Core Viewpoint - Getty Images Holdings, Inc. has successfully completed a comprehensive refinancing of its existing term loans, enhancing its financial position and liquidity to support strategic growth and maximize shareholder returns [1][4]. Financing Details - The refinancing includes a new $580 million 5-year U.S. dollar term facility and a new €440 million 5-year euro term facility, which will be used to fully repay existing term loans [2]. - The Borrowers' $300 million senior unsecured notes due March 2027 remain outstanding [2]. Management Statements - The CEO of Getty Images emphasized that the refinancing positions the company to provide the best visual content to meet customer needs [3]. - The CFO highlighted that this initiative reflects Getty Images' strong financial foundation and commitment to strategic growth, enhancing liquidity and financial agility [4]. Company Overview - Getty Images is a leading global visual content creator and marketplace, serving customers worldwide through its brands, including Getty Images, iStock, and Unsplash [9]. - The company collaborates with over 576,000 content creators and more than 340 content partners, covering over 160,000 news, sports, and entertainment events annually [9]. - Getty Images maintains one of the largest privately-owned photographic archives, with millions of images dating back to the beginning of photography [9]. Technological Advancements - The company is adopting generative AI technologies to enhance its content offerings, allowing customers to create commercially safe visuals through text-to-image generation [10].

NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Getty Images, a preeminent global visual content creator and marketplace, in collaboration with Verizon and the National Disability Leadership Alliance (NDLA), invites photographers and videographers to reimagine how the disability community is represented in professional settings. This global creative grant offers $20,000 in funding to help talented creators rewrite the narrative, showcasing the disability community as active, thriving professionals, leaders, an ...

NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Getty Images, a preeminent global visual content creator and marketplace, in collaboration with Verizon and the National Disability Leadership Alliance (NDLA), invites photographers and videographers to reimagine how the disability community is represented in professional settings. This global creative grant offers $20,000 in funding to help talented creators rewrite the narrative, showcasing the disability community as active, thriving professionals, leaders, an ...

Merger Details - Getty Images Holdings Inc (NYSE: GETY) is proposed to merge with Shutterstock Inc under an agreement where Shutterstock stockholders can elect to receive $28.84870 per share in cash, 13.67237 shares of Getty Images, or a mixed consideration of 9.17 shares of Getty Images plus $9.50 in cash per share [1] - Getty Images stockholders will own approximately 54.7% of the combined company post-merger [1] Law Firm Information - Monteverde & Associates PC is investigating the proposed merger between Getty Images Holdings Inc and Shutterstock Inc [1] - The law firm has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report [1] - Monteverde & Associates PC is headquartered at the Empire State Building in New York City and has a successful track record in trial and appellate courts, including the U.S. Supreme Court [2] Contact Information - Shareholders of Getty Images Holdings Inc can contact Juan Monteverde, Esq. via email at [email protected] or by telephone at (212) 971-1341 for additional information or concerns regarding the merger [3]

Merger Overview - Getty Images and Shutterstock announced a definitive merger agreement to combine in a merger of equals, creating a premier visual content company with an enterprise value of approximately $3.7 billion [1] - The combined company will be named Getty Images Holdings, Inc and will continue to trade on the New York Stock Exchange under the ticker symbol "GETY" [1] Strategic and Financial Benefits - The merger will create a content library with greater depth and breadth, expanded opportunities for contributors, and a reinforced commitment to inclusive and representative content [2] - Expected annual cost synergies between $150 million and $200 million by year three, with the merger expected to be accretive to earnings and cash flow beginning in year two [5] - The combined company will have a stronger financial profile, enabling increased capacity for product investment and innovation [2] Leadership and Governance - Getty Images CEO Craig Peters will serve as CEO of the combined company [7] - The Board of Directors will consist of eleven members, with six designated by Getty Images and four by Shutterstock, including Shutterstock CEO Paul Hennessy [7] - Mark Getty, currently Chairman of Getty Images, will serve as Chairman of the Board of Directors of the combined company [7] Transaction Details - Shutterstock stockholders can elect to receive $9.50 in cash per share, 9.17 shares of Getty Images stock per share, or a mixed consideration of both [8] - Aggregate consideration payable by Getty Images consists of $331 million in cash and 319.4 million shares of Getty Images stock [9] - At close, Getty Images stockholders will own approximately 54.7% and Shutterstock stockholders will own approximately 45.3% of the combined company on a fully diluted basis [11] Financial Profile - On a pro forma 2024 basis, the combined company would have revenue between $1,979 million and $1,993 million, with 46% from subscription revenue [14] - Pre-synergy EBITDA is expected to be between $569 million and $574 million, with pre-synergy Adjusted EBITDA less capital expenditures between $461 million and $466 million [14] - Pre-synergy net leverage is projected at 3.0x pro forma 2024 pre-synergy EBITDA [14] Innovation and Market Position - The merger facilitates greater investment in innovative content creation, expanded event coverage, and customer-facing technologies such as search, 3D imagery, and generative AI [6] - The combined company will offer a broader set of visual content products across still imagery, video, music, 3D, and other asset types [6] - The merger strengthens the balance sheet and cash flow generation, enabling accelerated debt repayment, reduced borrowing costs, and new value creation opportunities [6] Industry Impact - The merger positions the combined company to meet the evolving needs of creative, media, and advertising industries through enhanced content creation and technology innovation [5] - The rapid rise in demand for compelling visual content across industries makes the merger timely and strategic [3] - The combined company aims to deliver exceptional value to customers, contributors, and stockholders by capitalizing on attractive growth opportunities [3]

Happy New Year, everyone! It’s a time for reflection, and a perfect time to revisit old topics. Back in August, I wrote an analysis piece about Getty Images Holdings (NYSE: GETY ). It was trading near what wasI’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible Statec ...

NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- iStock, a leading e-commerce platform providing premium content to SMBs, SMEs, creatives, and students everywhere, has released its 2025 Marketing Trends Report, packed with practical strategies to help businesses thrive in today’s trust-driven marketplace. The report comes at a critical time when consumer trust in social media—a key tool for small businesses—is declining. According to iStock’s VisualGPS research platform, 81% of consumers don’t trust social medi ...

Core Insights - Getty Images released its 2024 Year In Review, showcasing impactful moments through powerful images and videos, covering various sectors including news, sports, entertainment, and marketing [2][3] Group 1: Company Overview - Getty Images documented over 160,000 events globally in 2024, including significant occurrences like global elections, the Paris Olympic and Paralympic Games, and cultural events such as The Eras Tour [3][4] - The company emphasizes its commitment to capturing history and inspiring conversations through its visual content, highlighting the resilience and shared humanity depicted in its imagery [4][6] Group 2: Creative Strategy - Getty Images supported the creation and distribution of millions of high-quality, data-backed visuals, aiding brands in developing effective visual strategies [5][6] - The company’s VisualGPS research indicates that nearly 90% of people globally desire authentic visuals, yet 62% struggle to discern authenticity, underscoring the importance of trust in visual content [6]