David Kaplan
Jan 31, 2010 5:52 PM
With the dust settled on Getty Images’ $96 million acquisition of Jupitermedia’s online images business over a year ago, *Getty* is introducing a new subscription model aimed at user-gen and professional photographers. All subscriptions will go through ThinkStock, which was part of Jupiter Images. It will be combined with Getty’s…
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E-Commerce, Entertainment, Games, Marketing, Media & Publishing, Mobile, Social Media, Photo Sharing, getty images
David Kaplan
Mar 31, 2009 5:00 AM
Time Inc.‘s Life magazine gets its full rebirth as a website today, as the company’s joint venture with Getty Images (NYSE: GYI) comes out of beta with 7 million images. The details of the planned launch were unveiled about six months ago at the Interactive Advertising Bureau’s Mixx conference. Last…
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Advertising, Media & Publishing, Magazines, Companies, Time Warner, Time Inc., getty images, life
Rafat Ali
Dec 7, 2008 8:16 PM
When Jupitermedia (NSDQ: JUPM) sold off its online images business to its larger rival Getty Images (NYSE: GYI) for $96 million in October, some people considered it second-time lucky for the company: Jupiter tried to sell its whole business to Getty in early 2007, but it fell apart then. But…
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, getty images, jupiterimages, jupitermedia
David Kaplan
Oct 23, 2008 9:06 AM
So the second time proves to be lucky: Jupitermedia has sold its online images business to its larger rival Getty Images for $96 million in cash. The first time Getty (NYSE: GYI) tried to buy JUPM’s images business, in February 2007, the deal fell apart. This new deal is centered…
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Money, M&A & Venture Capital, Venture Capital, getty images, jupiterimages, jupitermedia
David Kaplan
Sep 23, 2008 10:28 AM
Time Inc.‘s Life magazine has gone through several lives; its last incarnation as a newspaper supplement ended last year. Now the company is bringing it back as a website in a partnership with Getty Images (NYSE: GYI). Executives from the two companies made their announcement at the Interactive Advertising Bureau’s…
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Advertising, Marketing, Media & Publishing, Magazines, Social Media, Photo Sharing, Companies, Time Warner, Time Inc., getty images, life, see your world
Joseph Weisenthal
Jul 9, 2008 2:00 PM
In a way, Flickr is kind of the unofficial stock photo service of new media, so this makes sense… the Yahoo-owned photo site now has a deal with stock photo giant Getty that will see some Flickr users have their photos resold through the company. Exact details of how it…
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Social Media, Photo Sharing, flickr, getty images
Rafat Ali
Jun 20, 2008 3:29 PM
Getty Images (NYSE: GYI), the Seattle based images and multimedia giant, has a shareholder approval on its $2.1 billion sale to private equity firm Hellman & Friedman. About 75 percent of the shares represented at the shareholder meeting were in favor of the deal, representing 96 percent of the votes…
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Media & Publishing, Money, M&A & Venture Capital, Mergers & Acquisitions, getty images, hellman & friedman
Joseph Weisenthal
May 1, 2008 3:11 PM
On the road to going private, Getty Images (NYSE: GYI) reported Q1 revenue of $233.2 million, up 9.7 percent from $212.7 million in the year-ago quarter. The company benefited from the weak dollar, as revenue was up just 4.2 percent with constant currency. Net income declined to $23.9 million ($.40…
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Money, Earnings, getty images
Joseph Weisenthal
Mar 30, 2008 7:49 PM
How did Getty Images (NYSE: GYI) decide to put itself up on the auction block, a process resulting in its $2.4 billion sale to PE firm Hellman & Friedman? In a monstrous SEC filing, the company has published the slides its banker, Goldman Sachs, presented to the board to help…
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Money, M&A & Venture Capital, Mergers & Acquisitions, getty images, hellman & friedman
Rafat Ali
Mar 3, 2008 7:32 PM
The world’s going crazy with 10-K’s…and we’re making it easy for you. Our motto, just in case you didn’t know: We kill ourselves, so you don’t have to. Some of the main ones below with some relevant points culled out: —Getty (NYSE: GYI) Images: The images company is in the…
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Companies, IAC, akamai, getty images, jamba, media general, navteq, valueclick, verisign, wpp
Joseph Weisenthal
Feb 25, 2008 8:03 AM
Stock photo firm Getty Images (NYSE: GYI), which was known to be shopping itself around, has agreed to sell itself to PE Firm Hellman & Friedman for $2.4 billion or $34.00 per share. The offer represents a 55 percent premium to where shares traded on January 18, the day before…
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Money, M&A & Venture Capital, Mergers & Acquisitions, getty images, hellman & friedman
Rafat Ali
Feb 11, 2008 10:11 AM
Getty Images (NYSE: GYI), the world’s biggest supplier of stock pictures and video (and increasingly a digital player) which put itself up for sale and acknowledged it last month, has not yet found a buyer and the auction process is in jeopardy, reports NYT. The company, which hired Goldman Sachs…
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Money, M&A & Venture Capital, Mergers & Acquisitions, getty images
Joseph Weisenthal
Feb 2, 2008 12:30 PM
Stock photo company Getty Images (NYSE: GYI), which recently said it was pursuing strategic alternatives, has reported Q4 revenue of $218 million, up 4 percent year-over-year from $203.6 million. Excluding benefits from currency changes, revenue only grew 1 percent. Net income went the other way, falling 7 percent to $28.5…
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Money, Earnings, getty images
Joseph Weisenthal
Jan 29, 2008 10:24 AM
Earnings season picks up more steam with a much anticipated report from Yahoo (NSDQ: YHOO) this afternoon, and Amazon (NSDQ: AMZN), then Google (NSDQ: GOOG) on back-to-back days. Check back here for the results. —Today: Yahoo, Edgar Online—Wednesday: Amazon, DNB—Thursday: The flood gates open: Google, NYT, Scripps (NYSE: SSP), Sony…
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Money, Earnings, Companies, Amazon, Gannett, Google, New York Times, getty images
Joseph Weisenthal
Jan 22, 2008 11:20 AM
Getty Images (NYSE: GYI) is confirming rumors that the company is exploring strategic alternatives. The NYT reported late on Sunday that the company was looking for a sale that could fetch shareholders $1.5 billion. The announcement doesn’t go into specifics, except that it has hired Goldman Sachs as its financial…
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Money, M&A & Venture Capital, Mergers & Acquisitions, getty images, jupitermedia
Rafat Ali
Jan 21, 2008 1:45 AM
Getty Images (NYSE: GYI), the world’s biggest supplier of stock pictures and video (and increasingly a digital player) has put itself on the auction block and could fetch more than $1.5 billion, reports NYT, citing sources. Goldman Sachs is the banker and suitors are mostly private equity firms, including Kohlberg…
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Money, M&A & Venture Capital, Mergers & Acquisitions, getty images
David Kaplan
Nov 1, 2007 3:17 PM
Getty (NYSE: GYI) Images posted a 31.1 percent decline in net income of $25.7 million in Q3, down from the prior year’s $37.3 million. Earnings per diluted share were $0.43 in Q3, compared to $0.62 from last year. But increased licenses for editorial and micropayment imagery, as well as its…
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Money, Earnings, getty images
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