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Getty Images Holdings, Inc. - GETY STOCK NEWS

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. (NYSE: GETY) is a global leader in visual content creation and distribution. The company provides comprehensive visual content solutions through its brands Getty Images, iStock, and Unsplash. With a mission to enhance engagement through top-tier creative and editorial visual content, Getty Images serves customers in nearly every country across the globe.

Founded on nearly three decades of visual consultancy, Getty Images has evolved to integrate cutting-edge technology, including artificial intelligence and machine learning, into its platform. This advancement enhances their search functionality, image editing, and integrated APIs, making them the go-to source for diverse and inclusive content.

The company operates in various regions including the Americas, Europe, the Middle East, Africa, and Asia-Pacific, with the bulk of its revenue generated from the Americas. They cover more than 160,000 news, sports, and entertainment events yearly, providing unmatched breadth and depth of coverage.

Getty Images recently announced a multi-year partnership with the United Football League (UFL) to deliver exclusive high-quality imagery from every game. They are also the official photographer or photographic partner to 125 of the world's leading sports governing bodies, leagues, and clubs, including FIFA, NBA, and the International Olympic Committee.

Moreover, Getty Images continues to innovate in capturing major global events. For instance, they will deploy a team of 140 photographers and editors to cover the Olympic Games Paris 2024, using new technologies to capture unique angles and real-time images for a global audience.

Their commitment to authenticity extends to the adoption of generative AI technologies, allowing customers to create commercially safe visuals. With over 557,000 contributors and 320 content partners, Getty Images maintains one of the largest privately-owned photographic archives, providing a rich historical context for modern visual storytelling.

In recent financial developments, Getty Images has shown resilience and adaptability, focusing on key performance indicators to drive shareholder return and customer satisfaction.

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Getty Images Holdings, Inc. (NYSE: GETY) reported financial results for Q3 2023, highlighting growth in Ecommerce and launch of generative AI service in partnership with NVIDIA. Revenue declined 0.5% YoY, while annual subscription revenue as a percentage of total revenue grew to 55.9%. Net loss decreased to $18.4 million from $118.1 million in Q3 2022. Adjusted EBITDA was $80.3 million, up 3.4% YoY. The company revised its full-year 2023 guidance due to challenging market conditions and strengthening of the U.S. dollar.
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Getty Images Holdings, Inc. has been ordered to pay $51 million plus interest to two substantial holders of its public warrants for wrongfully preventing them from exercising their warrants. The case, brought by Rakower Law PLLC and Crowell & Moring LLP, concluded on October 27, 2023, in the U.S. District Court for the Southern District of New York.
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Getty Images and Verizon announce a global Creative Grant to showcase the diversity and empowerment of the disability community. The grant aims to shift perceptions and highlight everyday moments of happiness. The Disability Collection, a collaboration between the two companies and the National Disability Leadership Alliance, has grown to include over 4,000 curated images and videos. The grant will award $10,000, $7,000, and $3,000 to three recipients, with a focus on diverse perspectives and disabled photographers and videographers.
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Getty Images Holdings, Inc. plans to release its Q3 2023 results on November 14, 2023, followed by a conference call to discuss the results. The conference call can be accessed via phone or webcast.
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iStock provides tips and guidance for SMBs to maximize performance during the holiday season.
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Jackson State University and Getty Images launch a new photo exhibition showcasing the history of JSU's homecoming.
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Getty Images announced as Authorized Photographic Agency for ICC Men’s Cricket World Cup India 2023
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Getty Images renews partnership with Major League Baseball as Official Photographic Partner, delivering high-quality imagery exclusively on gettyimages.com. Collaboration with MLB to increase representation and diversity within the industry. Commitment to making baseball and sport more inclusive. Partners with over 120 leading sports governing bodies.
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Getty Images launches Generative AI tool paired with their creative content, providing commercially safe visuals for customers.
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FAQ

What is the current stock price of Getty Images Holdings (GETY)?

The current stock price of Getty Images Holdings (GETY) is $4.205 as of November 5, 2024.

What is the market cap of Getty Images Holdings (GETY)?

The market cap of Getty Images Holdings (GETY) is approximately 1.7B.

What does Getty Images Holdings, Inc. do?

Getty Images Holdings, Inc. provides comprehensive visual content solutions through its brands Getty Images, iStock, and Unsplash, serving customers globally.

Where does Getty Images generate most of its revenue?

The majority of Getty Images' revenue is generated from the Americas.

What recent partnerships has Getty Images announced?

Getty Images has recently partnered with the United Football League and renewed its partnership with Condé Nast for content representation and licensing.

How is Getty Images incorporating technology into its services?

Getty Images integrates AI and machine learning into its platform for enhanced search functionality, image editing, and API integration.

What significant events does Getty Images cover?

Getty Images covers over 160,000 news, sports, and entertainment events annually, including the Olympic Games and major sports leagues.

How does Getty Images ensure the authenticity of its content?

Getty Images focuses on authenticity through the adoption of generative AI technologies trained on permissioned content, providing commercially safe visuals.

What is Getty Images' role in the sports industry?

Getty Images is the official photographer or photographic partner to 125 leading sports governing bodies, leagues, and clubs, covering over 50,000 sports events a year.

What kind of content does Getty Images offer?

Getty Images offers a wide range of visual content including news, sports, entertainment, and historical archives through its comprehensive creative library.

How does Getty Images support creativity and innovation?

Getty Images supports creativity through its Custom Content solutions and by using AI technologies to help customers ideate and create compelling visuals.

What are some key financial highlights of Getty Images?

Getty Images focuses on key performance indicators to drive shareholder return and customer satisfaction, showing resilience and adaptability in recent financial developments.

Getty Images Holdings, Inc.

NYSE:GETY

GETY Rankings

GETY Stock Data

1.73B
410.42M
72.08%
26.96%
1.62%
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