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GETY-News
GETY-Events
Company Engages Guggenheim as Financial Advisor for Financing Alternatives
Management is actively assessing plans intended to improve liquidity, and as previously disclosed, has engaged Guggenheim Securities, LLC to serve as financial advisor in connection with the company's evaluation of strategic financing alternatives and balance sheet management initiatives.
Getty Images Q2 Revenue $229.1M, Below Consensus
Reports Q2 revenue $229.1M, consensus $237.29M. "Our second quarter results reflected continued pressure in Agency and iStock e-commerce, while the larger parts of our business serving enterprise customers continued to demonstrate resilience and growth," said Craig Peters, Chief Executive Officer of Getty Images. "We are focused on building on Getty Images' strengths; trusted content, deep customer relationships, unique coverage and an unparalleled archive as we work to optimize our capital structure and support long-term growth as a standalone company."
Getty Images and Goalhanger Expand Content Partnership
Getty Images and Goalhanger announced an expanded content partnership to support Goalhanger's growing investment in video-first storytelling across its portfolio of hit shows.
Getty Images Borrow Rate Rises to 52.17%
Latest data shows the largest indicative borrow rate increases among liquid option names include: Getty Images (GETY) 52.17% +2.55, Angion Biomedica Corp (ELTX) 97.66% +2.04, Banco Bradesco (BBD) 2.69% +1.61, Alpha Tau Medical Ltd (DRTS) 8.90% +1.59, T-REX 2X LONG HOOD DAILY TARGET (ROBN) 6.96% +0.74, Tidal Trust II (IRE) 21.76% +0.68, Ambarella (AMBA) 3.64% +0.58, United States Oil Fund (USO) 6.27% +0.55, Nebius Group NV (NBIS) 1.87% +0.53, and Vivopower Plc (VIVO) 18.57% +0.49.
Getty Images Terminates Merger Agreement with Shutterstock
The company stated in 8-K filing. "As previously announced, on January 6, 2025, Getty Images entered into an Agreement and Plan of Merger, by and among Getty Images, Shutterstock, Inc. and certain merger subsidiaries thereof. As also previously announced, on June 30, 2026, the Board of Directors of Getty Images unanimously resolved (a) not to proceed with the process to sell Shutterstock's editorial business under the supervision of the U.K. Competition and Markets Authority, which was a condition to the CMA's required clearance of the transactions that Getty Images was not required to accept under the terms of the Merger Agreement and (b) to terminate the Merger Agreement following the passage of the Second Extended End Date on July 6, 2026, assuming no material change in the aforementioned circumstances. On July 7, 2026, Getty Images delivered a written notice to Shutterstock terminating the Merger Agreement pursuant to the terms thereof, effective upon delivery of such notice. Following termination of the Merger Agreement, Getty Images, Inc.'s outstanding 10.500% senior secured notes due 2030 will be redeemed pursuant to the terms of the indenture governing the Senior Secured Notes."
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