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  • Getty Images announces investment by Koch Equity Development

    November 26, 2018 • Company NewsComments (0)

    KED to make $500 million preferred equity investment in the leading visual media company

    New York, 26 November 2018: Getty Images, a world leader in visual communications, has reached an agreement with Koch Equity Development LLC (KED), the investment arm of Koch Industries, whereby KED will make a $500 million non-controlling preferred equity investment in the company.

     

    Under the transaction, the Getty family continues to retain control over Getty Images following its acquisition of controlling interest from the Carlyle Group earlier this year. Consistent with its 2017 financial investment in support of Meredith’s acquisition of Time Inc., KED will have no input into Getty Images content or editorial coverage.

     

    Commenting on the transaction, Mark Getty, Co-Founder and Chairman of the Board said: “In September we announced my family were resuming control of Getty Images – a business that bears our name and one that we fervently believe in. KED demonstrated they share a belief in Getty Images, a long-term outlook and focus on growth. We are extremely excited about this partnership and what it means for Getty Images.”

     

    “KED’s investment in Getty Images serves as strong validation of Getty Images’ market position, content and capabilities,” said Craig Peters, Getty Images Chief Operating Officer and incoming CEO. “The Company is very excited to have additional financial support and flexibility as we continue to pursue our vision and strategy.”

     

    Brett Watson, KED Senior Managing Director and Head of Principal Investments added: “There are limited opportunities to invest in proven market leaders with durable differentiation and attractive business models. Getty Images is one of those rare opportunities and we look forward to participating in the company’s sustained growth.”

     

    With this investment, KED has now made more than $9 billion of industry-agnostic, principal investments into public, private and family-owned businesses since 2012. KED’s investment in Getty Images is consistent with its approach of providing long-term capital to businesses in partnership with existing ownership and management.

    “This transaction, like American Greetings, Meredith, Guardian and others preceding it, is another great example of KED supporting a family-controlled business with a unique, non-controlling equity investment,” stated Matt Flamini, KED President. “We are excited to partner with the Getty family for the long-term success of the company.”

     

    J.P. Morgan served as sole placement agent to Getty Images. Berenson and Company served as financial advisor to the Getty Family. Weil, Gotshal and Manges provided legal counsel to the Company.

     

    PJT Partners served as financial advisor to KED and Jones Day provided legal counsel.

     

    The preferred equity transaction is subject to customary closing conditions and is expected to be finalized by the end of the year.

     

    ENDS

     

    About Getty Images:

    Getty Images is one of the most trusted and esteemed sources of visual content in the world, with over 300 million assets including photos, videos, and music, available through its industry-leading sites www.gettyimages.com and www.istock.com. The Getty Images website serves creative, business and media customers in nearly every country in the world and is the first-place people turn to discover, purchase and share powerful visual content from the world’s best photographers and videographers. Getty Images works with over 250,000 contributors and hundreds of image partners to provide comprehensive coverage of more than 160,000 news, sport and entertainment events each year, impactful creative imagery to communicate any commercial concept and the world’s deepest digital archive of historic photography.

     

    Visit Getty Images at www.gettyimages.com to learn more about how the company is advancing the unique role of still and moving imagery in communication and business, enabling creative ideas to come to life.  For company news and announcements, visit our Press Room, and for the stories and inspiration behind our content, visit gettyimages.creativeinsights.com. Find Getty Images on Facebook, Twitter, Instagram, LinkedIn, or download the Getty Images app where you can explore, save and share the world’s best imagery.

     

    About Koch Equity Development LLC

    With offices in Wichita and London, KED focuses its efforts on strategic acquisitions for the Koch companies and industry agnostic principal investments. Significant principal investments completed recently include Infor, Global Medical Response, Meredith/Time Inc., Solera Holdings Inc., The ADT Corporation, and Transaction Network Services.

     

    Since 2003, Koch companies have invested about $80 billion in acquisitions and other capital expenditures. With a presence in about 60 countries, Koch companies employ more than 120,000 people worldwide, with about 70,000 of those in the United States. From January 2009 to present, Koch companies have earned more than 1,200 awards for safety, environmental excellence, community stewardship, innovation, and customer service.

     

    To learn more about Koch Equity Development LLC or Koch Industries, please visit http://www.kochequity.com/ or http://www.kochind.com/.

     

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  • Getty Images and BBC Studios Renew Global Representation Partnership for BBC Motion Gallery

    November 19, 2018 • Company NewsComments (0)

    London, 19 November 2018: Getty Images, a world leader in visual communications, today announced the renewal of its longstanding partnership with BBC Studios, the global content company and commercial subsidiary of the BBC Group. The five-year deal sees Getty Images continue in its role as the exclusive global distribution partner of BBC Motion Gallery, the global content company’s cherished video clip sales business.

    Getty Images’ comprehensive experience as the gatekeeper of its own globally renowned and historically relevant Hulton Archive, as well as distributor of approximately 330 other well-known collections including Sony Pictures, Vice Media and Japan’s NHK, makes Getty Images the premier candidate to continue to partner with BBC Studios.

    Dominic Walker, Director of Radio & Music, Motion Gallery & Learning at BBC Studios said: We are delighted to have agreed a number of significant enhancements to the service already provided by Getty Images. This is an indicator of their faith and trust in us and demonstrates Getty Images’ long-term commitment to BBC Motion Gallery. The BBC is an iconic brand and its archive is a rich resource; we are grateful for the opportunity to grow the business from an already established foundation.”

    With video quickly becoming the primary way for consumers to satisfy their information and entertainment needs, Getty Images continues to invest in expanding its video collection, which currently has roughly 8 million assets.

    “This renewal with BBC Studios allows us to continue to work with a respected global brand that is recognized and looked up to across the world,” said Lee Martin, Senior Vice President of Global Strategic Development. “With BBC Motion Gallery on the Getty Images platform, we’re looking forward to enriching our already comprehensive video offering allowing us to greater serve the needs of our customers in almost every country in the world.”

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  • Getty Images Royal Photographer Chris Jackson Captures Official Family Portrait For The Prince Of Wales’ 70th Birthday

    November 14, 2018 • Company NewsComments (0)

    Kensington Palace today released an official family portrait celebrating the Prince of Wales’ 70th birthday, taken by Getty Images Royal photographer Chris Jackson.

    The family portrait, which includes the Duchess of Cornwall, the Duke and Duchess of Sussex and the Cambridge’s, as well as their children, was taken earlier this year at Clarence House.

    Jackson commented on authoring the image, “I was delighted to have been asked to take these portraits of The Prince of Wales surrounded by his family to celebrate the important milestone of his 70th Birthday. It was particularly special to capture such an informal and relaxed family portrait over a fun afternoon in the gardens of Clarence House.”

    To mark the Prince of Wales turning 70 this year, Chris Jackson has also captured a series of unique images of Prince Charles over the past year. These include the Prince of Wales undertaking his official duties as well as images of him in private at home.

    Chris Jackson was also chosen by Kensington Palace to capture the official portrait of Prince George celebrating his fourth birthday as well as authoring the official portrait of Prince George on his first day of school and the family portrait for the Duke and Duchess of Cambridge’s Christmas card last year.

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  • John Moore Honored with Impact Award from the Lucie Foundation

    October 29, 2018 • Company NewsComments (0)

    The Lucie Foundation has awarded Getty Images veteran photographer John Moore with the inaugural Lucie Impact Award, acknowledging the impact of John’s decade-long project of capturing the immigration crisis in the United States.

    Since 2003, the Lucie Awards has celebrated the remarkable achievements of photographers. The Lucie Awards is organized and presented by the Lucie Foundation, a non-profit charitable organization whose mission is to honor the work of photographers, discover and cultivate emerging talent, and promote an appreciation of photography worldwide.

    “It’s an incredible honor to be recognized for my work by the Lucie Foundation,” said John Moore. “My goal since I began capturing these images was to illuminate and humanize immigration and border security issues to those who may be unaware. I’m very proud to see that these stories I’ve been capturing for the better part of a decade are making an impact on a global audience.”

    Moore has won top awards throughout his career, including the 2005 Pulitzer Prize for Breaking News Photography, World Press Photo honors, the John Faber Award and the Robert Capa Gold Medal from the Overseas Press Club, Photographer of the Year from Pictures of the Year International, the NPPA and Sony World Photography Organization. Earlier this year John released his book Undocumented: The Immigration and the Militarization of the US-Mexico Border.

    Additionally, Getty Images assignment editor Laurence Tan took home Picture Editor of the Year for his work editing Kevin Frayer’s images of the Rohingya people fleeing genocide in Myanmar.

    For more information on the Lucie awards visit: http://www.lucies.org/2018-lucie-awards/

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  • オンデマンド エコカラットにゲッティイメージズの 数千万点のクリエイティブ素材を提供

    October 22, 2018 • CreativeComments (0)

    ~ゲッティイメージズの画像を使ったインテリア~

    一般消費者にもゲッティイメージズの画像を利用いただく機会を創出

     

    デジタルコンテンツ(写真、ビデオおよび音楽)を世界200ヶ国以上に提供する、世界最大級のデジタルコンテンツカンパニーGetty Images(本社:米国・シアトル 以下、ゲッティイメージズ)の日本法人「ゲッティイメージズ ジャパン株式会社」(東京都渋谷区、以下ゲッティイメージズ)は、住宅設備機器販売の株式会社NITTO CERA(愛知県常滑市、取締役社長 浅野靖司)の提供する室内の空気を快適にする機能とアート性を兼ね備えた、新発想のDIY向けインテリアタイル「オンデマンド エコカラット」の、画像選択肢のひとつとして、ゲッティイメージズの素材数千万点を提供しました。

    「オンデマンド エコカラット」は10月22日より、公式のオンラインショップ(https://ondemand-ecocarat.soui-lab.com/)より販売開始しています。

    好きなイメージからオリジナルデザイン                          

    従来、カタログの決まった柄・色の中からお選びいただくことが多かったタイル製品ですが、本製品ではご自身で撮影した家族の写真や、お気に入りの画像に加え、ゲッティイメージズと提携したことで、数千万点の高品質なイメージ画像を使用することも可能となっています。サイズに関してもweb上で必要枚数と組み合わせ形状をご自由にお選び頂けるため、使用したい空間にピッタリなアートタイルをお届けします。

    ▼「エコカラット」とは  

    「エコカラット」とは、株式会社LIXILが開発した「多孔質セラミックス」と呼ばれる珪藻土の約5倍の吸・放湿性がある調湿壁材です。「オンデマンド エコカラット」は「エコカラット」の機能に清掃性をプラスした「エコカラットプラス」をベースに同等の機能を有しています。

    参考:機能紹介動画(https://youtu.be/LRKvpoEMqP0)

    機能とアートを兼ね備えた「オンデマンド エコカラット」で楽しく快適なインテリアライフをお楽しみください。

    オンデマンド エコカラット 公式オンラインショップ

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  • Getty Images to capture and distribute iconic imagery from 2018 IRONMAN World Championship brought to you by Amazon

    October 12, 2018 • Company News, SportComments (0)

    Getty Images to raise profile of pinnacle IRONMAN event globally with best-in-class photo coverage

    Getty Images, a world leader in visual communications, today announced they will be providing best-in-class photographic coverage for the world’s pinnacle one day endurance event, the IRONMAN World Championship brought to you by Amazon scheduled to take place on Saturday, October 13.

    “Sport coverage is in our DNA, and our photographers work hard to capture engaging images which take the viewer to the heart of the action,” said Richard Stabler, Director of Strategic Development at Getty Images. “We are proud to continue the work we have been doing with IRONMAN over the past few years, and we look forward to taking this world class competition to a greater global audience than ever before.”

    Getty Images’ award-winning photographers and editors will capture powerful and engaging imagery recording the competition’s incredible feats of athleticism as well as the innate beauty that is found in Kailua-Kona, Hawai`i where the annual event is held. This exclusive photography of the world’s foremost triathlon event will be represented on the company’s unparalleled global distribution platform, raising visibility of the sport and brand around the world.

    “Getty Images is the gold standard of photography,” said Christopher Stadler, Chief Marketing Officer of IRONMAN. “Their world-class photographers have the ability to bring the IRONMAN World Championship event to life, telling a story through their images that showcases the intense determination and emotion of our athletes.”

    Award-winning Getty Image photographers working the 2018 IRONMAN World Championship brought to you by Amazon have worked the top events of the sporting world and have won prestigious awards such as the National Press Photographers Association for Photographer of the Year, New York Press Photographers Association in Sports Action and Sports Feature, Photojournalist of the Year by the Houston Press Club, Spot News Photo of the Year by the Associated Press Managing Editors National Award among many other top-honor awards in the photograph and editing industry.

    The IRONMAN World Championship is renowned as the most iconic one-day sporting event in the world and is the culmination of 40 global IRONMAN events with over 96,000 athletes from around the world striving for one of the coveted qualifying slots each year. While this pinnacle event offers an outstanding experience for the participants, it also produces stunning and captivating visual imagery that can be showcased on the largest canvas.

    All images will be represented on gettyimages.com as well as housed in a bespoke digital asset management system (DAMS) for IRONMAN, which will facilitate the simple storage of IRONMAN’s content across owned platforms and social media. The DAMS will also act as a permanent platform for IRONMAN to access event coverage for future use. Getty Images coverage of the World Championship can be found here.

    Getty Images partners with many of the most significant sports leagues and governing bodies in the world. Today, Getty Images is the official photographer or photographic partner to over 80 of the world’s leading sports governing bodies, leagues, and clubs, including the PGA, FIFA, the International Olympic Committee and many more.

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  • Renowned Photographer James D. Morgan to Advise as Creative Director & Photographic Consultant for Getty Images

    October 9, 2018 • Company NewsComments (0)

    Getty Images, a world leader in visual communications, today announced it has formulated a new relationship with esteemed photographer James D. Morgan as a Creative Director & Photographic Consultant to Getty Images across Australia, New Zealand and the wider Asia Pacific region.

    During Morgan’s time as a photographer he has captured some of the biggest events and biggest names of the century and within his new role as Creative Director & Photographic Consultant to Getty Images. Morgan will oversee and manage creative endeavors, primarily across the Asia Pacific region but also in other markets where required, whilst simultaneously acting as a photographic consultant in the business.

    Morgan began his career at the early age of 13, taking photos of famous people at London’s Heathrow Airport; he got his start in London’s Fleet Street working for the London Times and Sunday Times newspapers whilst just 16 years old. Within 18 months, James was voted the UK Newspaper’s “Young Photographer of the Year” with a winning image from the “Free Nelson Mandela Concert” at Wembley Stadium in London. In 1998, James left newspapers and became the Chief Photographer to the Walt Disney Company based in Paris. Soon after, Morgan accepted the role of Head of Press and PR for Disneyland Paris for the UK and Ireland.

    With a strong background in photography, journalism and public relations, Morgan established the James Morgan Photographic Consultancy (JMPC) in 1999 in London and shortly afterwards in 2001, opened an office in Sydney, Australia. JMPC has since gone on to become one of Australia’s most respected photographic companies.

    “There’s no higher bar for excellency in the photographic business than Getty Images, so I’m thrilled to continue my relationship with the company,” said Creative Director & Photographic Consultant James D. Morgan. “I’m eager to get to work in this new consultancy role and to continue to assist global and local brands across Australia and the Asia Pacific Region and to expand their knowledge of everything Getty Images has to offer and how they can enhance their own businesses.”

    “James Morgan’s experience speaks for itself and we are thrilled to renew and expand our relationship with him,” said Getty Images Vice President of Global Entertainment Kirstin Benson. “As Getty Images continues to grow and evolve, James’s impressive resume of experience as a Creative Director and Photographic Consultant will be invaluable for us, and our clients, moving forward.”

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  • Getty Images Announces Inaugural Recipients of Reportage Grants

    September 21, 2018 • Company NewsComments (0)

    Awards US$45,000 to three photojournalists enabling the production of work exploring the impact of globalization on small communities, daily life in the Democratic Republic of Congo, and the conflicting beauty and isolation of an Aerotropolis

    Getty Images, a world leader in visual communications, has today announced the recipients of its inaugural Getty Images Reportage Grants program.  Continuing the tradition of the previous Editorial Grants program, the Getty Images Reportage Grant awards three photojournalists grants of $15,000 to pursue long-term documentary projects of both personal and journalistic significance, as well as offering further editorial support from the company. The 2018 recipients are:

    • Rose Marie Cromwell for King of Fish, which aims to bring attention to the effects of rapid globalization on small communities, focusing on the community of Coco Solo in Panama specifically.
    • Giulio Di Sturco for Aerotropolis, The Way we Will Live Next, a body of work which explores the rise of post-modern cities.
    • Leonard Pongo for The Uncanny, which captures daily life in the Democratic Republic of Congo.

    Speaking on the 2018 recipients, Senior Vice President for Content, Ken Mainardis says: “Our 2018 Reportage Grant recipients demonstrate remarkable talent, as well as an unwavering passion for photojournalism. We are delighted to be able to support and foster this further, by providing funding to enable Rose, Giulio and Leonard to bring these thought-provoking and important international issues to light – issues that without funding, may otherwise remain unseen.”

    The Getty Images Reportage Grant recipients were selected from a global pool of over 450 entrants, judged by an esteemed judging panel which includes:

    The panel has also recognized photographers Venetia Menzies and Heba Khamis as Honourable Mentions. Menzies’s project documents the transformation of nomadic life in Algeria, while Khamis focuses on the hidden practice of breast ironing in Cameroon.

    Getty Images Reportage Grants form part of the wider Getty Images Grants program, which supports and enables the world’s photographic and photojournalism community tell important world stories. Since the inception of the program 14 years ago, the company has awarded in excess of US$1.4 million.

    Visit Where we Stand for further information.

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  • New Research Reveals Australians are Unhappy with Stereotypes in Advertising

    September 18, 2018 • Company NewsComments (0)

    Most Australians (76%) say advertisers need to do more to better represent national diversity, rather than relying on stereotypes. New research commissioned by Getty Images surveyed more than 1,000 Australian consumers to better understand the attitudes and perceptions around ethnicities, gender, sexuality, body type and age portrayed in advertising.

    When asked about characteristics that were poorly represented, respondents call out: body type (50%), ethnicity (34%), religious beliefs (32%), sexual orientation (31%) and age (30%). More than half of women (57%) specifically called out the poor representation of female body types.

    “It’s clear from this research that Australians aren’t happy with the way they are being represented in advertising. People want to relate to those they see on their screens and feel better represented by advertisers across the board” says Petra O’Halloran, Creative Research Editor at Getty Images. “In an age where images are all around us and inescapable due to social media, it is critical that images represent the full breadth of ethnic differences, demographics, belief systems and ways of life in Australia.”

    Other findings of the report include:

    • 60% of women say advertising makes them feel worse about themselves, compared to 57% of men say it makes them feel better about themselves
    • 46% say that advertising often stereotypes and over-generalises diversity
    • 40% of Australians say that consumers should demand authenticity from brands

    Misrepresented Australians

    With two-thirds of Australian marketing only depicting white individuals and families, the need to refocus and produce content that caters to all Australians is more important than ever (Ebiquity/SBS 2017). Almost half (46%) of Australians surveyed agree that images they encounter of people in advertising are often stereotyped, generalising the complexity and identity of modern Australians.

    “Getty Images has spent more than a decade working on expanding their database of images to break stereotypes and create a more authentic view of gender, sexuality, religion, race, mental illness and disability across advertising and social media. Images change people’s perspectives and expectations of the ‘norm’. The more you see of these images, the more they become normal and the quicker we’ll get to living in a world of equal representation,” added O’Halloran.

    The Authentic Australia

     To meet this growing demand, Getty Images has partnered with Canon Australia to proudly launch ‘This Is Australia’– a collection of stock photography created by Australians that showcases the real and diverse nature of our nation and its population.

     The ‘This is Australia’ collection acts as an authentic reflection of Australia and is designed to uncover stories of diversity fostered in our local communities, as told by our communities. The collection itself comprises of over 5,000 photographs, and growing, and is the work of over 200 photographers of all levels from among Canon Australia’s local consumer base. The unique Canon-Getty Images partnership also features contributor education sessions and fast-track approval exclusive for Canon’s local community members.

    “We’re proud to give Canon camera owners a platform to show their unique perspective of our country to the world and to help balance the stereotypical perspectives of Australia in advertising and media,” says Jason McLean, Director – Canon Consumer Imaging. “This is an opportunity that comes with every Canon camera for people to learn the shooting style of stock photography, get set up quickly as contributors and earn from their art. It’s great to see success for contributors already, including images being purchased to feature in a new Vegemite campaign.”

    Through the partnership, Australian Canon camera owners can develop their skills and learn from their art, while contributing to an important cultural project that will reach a global audience of more than one million Getty Images customers.To assist Canon photographers to get up and running on the platform, Canon is providing its photography community the opportunity to be fast-tracked as a Getty Images contributor. In addition, the Canon Collective photography experience team is facilitating free workshops and events designed in conjunction with Getty Images for contributors to learn how to shoot stock photography.

    “We are still at the beginning of our journey and we have a long way to go, but this is an important step. Change is continuous. At Getty Images we believe we have an obligation to listen to what Australians want, how they want to be portrayed, and address this accordingly. Through Canon Australia’s community of photographers, we plan on continuing to evolve this collection to ensure it continues to reach and represent all Australians and meet their needs,” added O’Halloran.

    To view the ‘This Is Australia’ collection, please visit: www.gettyimages.com.au/collections/thisisaustralia

    How to get involved

    Contributions to ‘This is Australia’ will be accepted until 31 December 2018. This is how you can share your view of the real Australia with photographers and brands around the world.

    • Pick up a camera and show us your Australia. Respond to a ‘This Australia’ brief and become an official contributor to Getty Images
    • Visit the ‘This is Australia’ landing page for information on how to contribute and various experiences available for the remainder of 2018
    • Win funding for your own ‘This is Australia’ shoot by applying for a range of Canon grants

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  • Getty Images Brings Content to Amazon Echo Devices

    September 17, 2018 • Company NewsComments (0)

    Getty Images breadth of editorial, creative and archival images come to all screen-based Amazon Echo products

    Getty Images, a world leader in visual communication today announced an integration with Amazon that sees Getty Images’ award-winning collection of sports, news, entertainment, archival and creative images made available to enhance the voice responses from Alexa on all Echo devices with a screen.

    Alexa has always been able to tell customers answers to their questions but with the launch of Echo Show and Echo Spot, Alexa is now able to show customers whatever they want to know. This integration allows Getty Images’ extensive library of premium content to shape the visual style of Alexa.

    “Our premier collection of editorial, creative and archival content is a natural fit for Amazon’s Echo products, bringing best-in-class visuals to Echo users,” said Peter Orlowsky, Senior Vice President of Strategic Development, Getty Images. “We are honored to unite with Echo’s screen-based products and to use our deep library of content to give Alexa her best look yet.”

    Getty Images content creators are on the ground, 24 hours a day, seven days a week, capturing events from all corners of the world, from red carpet events to football stadiums to conflict zones and beyond. This means that customers can now turn to their Echo devices with a screen and say, “Alexa, who won best Actress at tonight’s Academy Awards,” or “Alexa, what is the capital of Uruguay,” and Alexa will respond with the answers and provide the most up to date premier imagery of the winner from the red carpet and stunning photos from Montevideo, the capital of Uruguay.

    Getty Images is a world leader in visual communications, with over 300 million assets, of which over 200 million are digitized, encompassing the latest global news, sports, celebrity, music and fashion coverage; exclusive conceptual creative images; and the world’s largest commercial archive.

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