Getty plans a prepackaged Chapter 11 for certain US entities. Affiliates of the Getty family and Koch Equity Development commit up to $533 million in new equity and would own 100% of the reorganise…
Unsecured bondholders retire $270 million of notes, secured lenders accept lower interest and longer maturities, and Koch provides up to $143 million to fund the process. The company expects no imp…
The business did not shrink first: 2025 revenue was a record $981.3 million. The problem was roughly $1.5 billion of debt against $51.6 million of cash at the end of June.
The $3.7 billion Shutterstock merger was meant to fix that, but collapsed in July when the UK regulator demanded the sale of Shutterstock's editorial business, after tens of millions had been spent…
The owners are betting that authentic, rights-cleared imagery gains value as AI floods the market with synthetic pictures, even as AI erodes demand for everyday stock photos.
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