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==History== In 1995, [[Mark Getty]] and chief executive officer [[Jonathan Klein (Getty Images)|Jonathan Klein]] co-founded Getty Investments LLC in London.<ref name="Times2019"/> Mark Getty is the company's chairman. In September 1997, Getty Communications, as it was called at the time, merged with [[PhotoDisc|PhotoDisc, Inc.]] to form Getty Images. The company relocated to Seattle two years later and expanded in the United States, reaching 2,000 employees by 2006.<ref name="Times2019"/> In April 2003, Getty Images entered into a partnership with [[Agence France-Presse]] (AFP) to market each other's images.<ref>{{Cite press release|title=Getty Images and Agence France-Presse (AFP) Enter Into Partnership to Increase Breadth, Depth, Reach and Quality |date=1 April 2003 |publisher=Getty Images |url=http://media.gettyimages.com/article_display.cfm?article_id=66 |access-date=23 November 2008 |url-status=dead |archive-url=https://web.archive.org/web/20081024125740/http://media.gettyimages.com/article_display.cfm?article_id=66 |archive-date=24 October 2008 }}</ref> Getty Images acquired the [[Michael Ochs Archives]] in February 2007.<ref name=Getty>{{cite web|url=http://company.gettyimages.com/article_display.cfm?article_id=151&isource=corporate_website_ind_press_release |archive-url=https://web.archive.org/web/20110711091018/http://company.gettyimages.com/article_display.cfm?article_id=151&isource=corporate_website_ind_press_release |url-status=dead |archive-date=11 July 2011 |title=Getty Images Acquires the Michael Ochs Archives |date=27 February 2007 |publisher=Getty Images |access-date=11 May 2010 }}</ref> The Michael Ochs Archives were described by ''[[The New York Times]]'' as "the premier source of musician photography in the world".<ref>{{Cite news |url=https://www.nytimes.com/2006/05/28/arts/music/28schw.html |title=They Had Faces Then: An Archive Keeps Stars Ever Young |last=Schwarz |first=Alan |date=28 May 2006 |work=[[The New York Times]] |access-date=11 May 2010 |archive-date=15 April 2021 |archive-url=https://web.archive.org/web/20210415123123/https://www.nytimes.com/2006/05/28/arts/music/28schw.html |url-status=live }}</ref> In 2008, the private equity firm [[Hellman & Friedman]] (H&F) acquired Getty Images for $2.4 billion.<ref name="Times2019"/> In 2012, H&F put Getty up for sale.<ref name="Bl01" /> As of the ensuing sale to [[Carlyle Group]], the company was said to have an archive that included 80 million stills and illustrations.<ref name="NYT01">[https://dealbook.nytimes.com/2012/08/15/carlyle-in-3-3-billion-deal-for-getty-images/ "Carlyle in $3.3 Billion Deal for Getty Images"] {{Webarchive|url=https://web.archive.org/web/20180215144654/https://dealbook.nytimes.com/2012/08/15/carlyle-in-3-3-billion-deal-for-getty-images/ |date=15 February 2018 }}, ''New York Times'' Dealbook, 15 August 2012. Retrieved 15 August 2012.</ref> The company was acquired by the Getty family in 2018. The company moved to its current headquarters, in the [[Union Station (Seattle)|Union Station]] office complex in Seattle's [[International District, Seattle|International District]], in 2011.<ref>{{cite news |date=12 August 2011 |title=Getty Images moving HQ to International District |url=http://old.seattletimes.com/html/businesstechnology/2015896230_getty13.html |work=The Seattle Times |access-date=1 December 2019}}</ref> In 2015, [[Jonathan Klein (Getty Images)|Jonathan Klein]] became the company's chairman and [[Dawn Airey]] was hired as [[chief executive officer]] (CEO) of Getty Images.<ref>{{cite news |url=http://www.ft.com/cms/s/0/0f9b06e8-5e49-11e5-a28b-50226830d644.html |archive-url=https://web.archive.org/web/20151124094606/http://www.ft.com/cms/s/0/0f9b06e8-5e49-11e5-a28b-50226830d644.html#slide0 |archive-date=24 November 2015 |title=Dawn Airey takes over from Jonathan Klein as Getty Images boss |website=Financial Times |date=20 September 2015 |url-access=subscription |access-date=2 February 2016 |url-status=bot: unknown }}</ref><ref>{{cite web|url=https://www.theguardian.com/media/2015/sep/21/dawn-airey-joins-getty-images-as-ceo|title=Dawn Airey joins Getty Images as CEO|author=Jasper Jackson|work=The Guardian|date=21 September 2015|access-date=14 December 2016|archive-date=21 October 2021|archive-url=https://web.archive.org/web/20211021130526/https://www.theguardian.com/media/2015/sep/21/dawn-airey-joins-getty-images-as-ceo|url-status=live}}</ref><ref>{{cite press release|url=http://press.gettyimages.com/getty-images-appoints-dawn-airey-as-chief-executive-officer/|title=Getty Images appoints Dawn Airey as Chief Executive Officer|publisher=Getty Images Press Room|access-date=2 February 2016|archive-date=11 July 2019|archive-url=https://web.archive.org/web/20190711114350/http://press.gettyimages.com/getty-images-appoints-dawn-airey-as-chief-executive-officer/|url-status=live}}</ref> Airey remained in the role until 31 December 2018, at which time she became a non-executive director member of its board and Craig Peters was appointed CEO.<ref>{{cite web|access-date=2020-08-09|title=Dawn Airey|url=http://press.gettyimages.com/executives/dawn-airey/|website=Getty Images|archive-date=11 July 2019|archive-url=https://web.archive.org/web/20190711114408/http://press.gettyimages.com/executives/dawn-airey/|url-status=live}}</ref> In 2019, Getty Images introduced Market Freeze, simplifying exclusivity of rights-managed images.<ref>{{Cite web|url=http://www.selling-stock.com/Article/getty-to-push-exclusive-rm|title=Getty To Push Exclusive RM|last=Pickerell|first=Jim|date=13 March 2019|website=Selling Stock|access-date=10 December 2019|archive-date=21 October 2021|archive-url=https://web.archive.org/web/20211021172116/https://www.selling-stock.com/Article/getty-to-push-exclusive-rm|url-status=live}}</ref> Later that year, it announced that due to customers' changing needs, it plans to phase out rights-managed imagery by 2020 in favor of royalty-free images.<ref>{{Cite web|url=http://app.engage.gettyimages.com/e/es?s=1591793372&e=3447322&elqTrackId=178baed6532740e59ffea78497faafe5&elq=927b9b7f079b488291cb1c4a4e795486&elqaid=30592&elqat=1|title=Service Announcement: Important licensing changes that will affect your images|last=Banwell|first=Paul|date=7 November 2019|website=Getty Images|access-date=10 December 2019|archive-date=10 December 2019|archive-url=https://web.archive.org/web/20191210124952/http://app.engage.gettyimages.com/e/es?s=1591793372&e=3447322&elqTrackId=178baed6532740e59ffea78497faafe5&elq=927b9b7f079b488291cb1c4a4e795486&elqaid=30592&elqat=1|url-status=live}}</ref> In December 2021, Getty Images announced its intention to become publicly traded once more through combination with CC Neuberger Principal Holdings II. In July 2022, the [[special-purpose acquisition company|SPAC]] merger was completed and the newly formed parent company of Getty Images went public on the [[New York Stock Exchange]] under the symbol GETY.<ref name=spac>{{cite web |url=https://www.barrons.com/articles/getty-images-public-company-again-51658789459 |title=Getty Images Is a Public Company Again but Its Stock Drops 2% on First Day |date=25 July 2022 |work=[[Barron's (newspaper)|Barron's]] |first=Luisa |last=Beltran |access-date=26 July 2022 |archive-date=26 July 2022 |archive-url=https://web.archive.org/web/20220726151918/https://www.barrons.com/articles/getty-images-public-company-again-51658789459 |url-status=live }}</ref> [[Activist investor]] Trillium Capital made an unsolicited bid to acquire Getty for {{US$|4}}{{nbsp}}billion in April 2023{{snd}}representing nearly a 100 percent premium.<ref>{{cite news |last=Datta |first=Tiyashi |date=April 24, 2023 |title=Trillium Capital declines to give details on $4 bln Getty Images offer |url=https://www.reuters.com/markets/deals/trillium-capital-offers-buy-getty-images-values-it-395-bln-2023-04-24/ |publisher=Reuters |access-date=25 April 2023 |archive-date=25 April 2023 |archive-url=https://web.archive.org/web/20230425040727/https://www.reuters.com/markets/deals/trillium-capital-offers-buy-getty-images-values-it-395-bln-2023-04-24/ |url-status=live }}</ref><ref>{{cite news |last=Li |first=Diana |date=April 24, 2023 |title=Getty Images Soars on Trillium Capital Offer $10 a Share |url=https://www.bloomberg.com/news/articles/2023-04-24/getty-images-soars-on-trillium-capital-offer-10-a-share |publisher=Bloomberg News |access-date=25 April 2023 |archive-date=1 May 2023 |archive-url=https://web.archive.org/web/20230501072713/https://www.bloomberg.com/news/articles/2023-04-24/getty-images-soars-on-trillium-capital-offer-10-a-share |url-status=live }}</ref> Getty turned down the offer questioning its credibility.<ref>{{cite news |last1=Davis |first1=Tina |last2=Fleming |first2=Zachary |date=April 25, 2023 |title=Getty Rebuffs $4 Billion Trillium Takeover Bid as Not 'Credible' |url=https://www.bloomberg.com/news/articles/2023-04-25/getty-rebuffs-4-billion-trillium-takeover-bid-as-not-credible |publisher=Bloomberg News |access-date=26 April 2023 |archive-date=25 April 2023 |archive-url=https://web.archive.org/web/20230425220534/https://www.bloomberg.com/news/articles/2023-04-25/getty-rebuffs-4-billion-trillium-takeover-bid-as-not-credible |url-status=live }}</ref> In September 2023, Getty announced that it was partnering with [[Nvidia]] to launch Generative AI by Getty Images, a new tool that lets people create images using Getty's library of licensed photos. Getty will use Nvidia's Edify model, which is available on Nvidia's generative AI model library Picasso.<ref>{{cite news|url=https://www.theverge.com/2023/9/25/23884679/getty-ai-generative-image-platform-launch|author=Emilia David|date=September 25, 2023|title=Getty made an AI generator that only trained on its licensed images|work=Verge}}</ref> Their stock footage is used in [[Baby Einstein]] and ''[[Little Einsteins]].'' In January 2025, it was announced that the company would be merging with [[Shutterstock]].<ref>{{Cite web |title=Getty Images and Shutterstock to Merge, Creating a Premier Visual Content Company |url=https://investors.gettyimages.com/news-releases/news-release-details/getty-images-and-shutterstock-merge-creating-premier-visual}}</ref>
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