Getty Images Holdings (GETY) Company Overview

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, and innovators in the workplace.

NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Monteverde & Associates PC  (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Getty Images Holdings, Inc. (NYSE: GETY ), relating to the proposed merger with Shutterstock, Inc. Under the terms of the agreement, 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.

Getty Images' stock has dropped significantly, making it more attractive for long-term investors at current levels, despite recent earnings misses. The company's strong position in the visual content market and its brand value justify a premium to book value. Generative AI and subscription growth are key potential drivers for future revenue, with AI expected to contribute significantly by 2025.

JPMorgan analyst Cory Carpenter downgraded Getty Images Holdings GETY stock from Neutral to Underweight. The stock price declined after the rerating.

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A Media Snippet accompanying this announcement is available by clicking on this link.

Getty Images Holdings, Inc. (NYSE:GETY ) Q3 2024 Earnings Call Transcript November 7, 2024 4:30 PM ET Company Participants Steven Kanner - Investor Relations Craig Peters - Chief Executive Officer Jennifer Leyden - Chief Financial Officer Conference Call Participants Alex Lavigne - The Benchmark Company Operator Good afternoon, and welcome to Getty Images' Third Quarter 2024 Earnings Conference Call. Today's call is being recorded.

A former CEO of several publicly traded companies was sentenced on Tuesday to 10 months in prison after admitting he launched a fake $4 billion takeover bid for Getty Images Holdings to artificially inflate the visual media company's stock price.