Getty Images Holdings, Inc. Class A Common Stock (GETY)
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Getty Images' OpenAI Deal Gives the Stock a New AI Licensing Story
Getty Images TodayGETYGetty Images$0.94 0.00 (-0.43%) As of 11:45 AM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$0.58▼$3.21Price Target$3.78Add to WatchlistHow do you value an empire of visual history in the age of artificial intelligence (AI)?
Getty Images stock is skyrocketing today thanks to a surprise deal with ChatGPT-maker OpenAI
Shares in Getty Images Holdings, Inc. (NYSE: GETY) are surging in premarket trading this morning—up nearly a staggering 150% as of the time of this writing—after the stock photography giant announced an unexpected deal with ChatGPT-maker OpenAI. Here's what you need to know.
Getty Images shares surge after OpenAI content partnership announcement
Getty Images (NYSE:GETY) shares opened about 118% higher on Monday after the company announced a multi-year agreement with OpenAI (Unlisted:OPAI) to bring Getty's licensed visual content into search and discovery experiences within ChatGPT. Under the agreement, Getty Images' content libraries will be displayed within ChatGPT to enhance visual responses.
Getty Images Holdings, Inc. Class A Common Stock Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 21 | $28 | $13.6 | -$14.4 | -51.43% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,000 | $793.4 | $644.6 | -$148.8 | -18.75% |
| WDW William Dudley Webb Jr. WORLD EQUITY GROUP Inc. | 10,000 | $9,400 | $6,471 | -$2,929 | -31.16% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 5,507 | $10,307 | $3,563.58 | -$6,743.42 | -65.43% |
| BG Bart Gancher Intech Investment Management LLC | 20,619 | $31,314.93 | $13,315.75 | -$17,999.18 | -57.48% |
Getty Images Holdings, Inc. Class A Common Stock (GETY) FAQ
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Getty Images Holdings, Inc. Class A Common Stock Profile
| IT Services Industry | Information Technology Sector | Craig Peters CEO | NYSE Exchange | 374275105 CUSIP |
| US Country | 1,700 Employees | - Last Dividend | - Last Split | 25 Jul 2022 IPO Date |
Overview
Getty Images Holdings, Inc., operating globally across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific, provides a comprehensive range of visual content solutions designed to meet the diverse needs of its clients. The company specializes in delivering high-quality creative and editorial imagery, video, and music. Originally established in 1995 as Getty Images, Inc., the company has evolved over the years and is now recognized for its expansive and diverse content offerings. With its headquarters in Seattle, Washington, Getty Images Holdings, Inc. serves a wide array of customers that include media outlets, advertising agencies, corporations, individual creators, and prosumers, catering to both professional and semi-professional audience segments.
Products and Services
Getty Images Holdings, Inc. presents a versatile portfolio of products and services tailored to meet the creative and editorial needs of a broad spectrum of clients:
- Getty Images: The flagship offering encompasses a vast selection of creative and editorial content which includes still images, music, and videos. This platform is specifically designed to cater to the needs of corporate clients, agencies, and various media customers, providing high-quality assets to enhance their projects and campaigns.
- iStock.com: Operating as an e-commerce platform, iStock.com offers an extensive range of creative stills and video content. It is particularly aimed at providing accessible, high-quality visual assets for a diverse range of projects, especially suited for customers looking for budget-friendly options without compromising on quality.
- Unsplash.com: Recognized for its free stock photo downloads, Unsplash.com serves the high-growth prosumer and semi-professional creator segments. The platform is a go-to resource for individuals and businesses in need of high-quality photos without the associated costs, fostering creative projects across the globe.
- Unsplash+: As an extension of Unsplash.com, Unsplash+ offers a subscription service that provides access to unique, model-released content along with expanded legal protections. This service is tailored for users seeking exclusive content with additional rights for their creative and commercial projects.
- Photographic Archives: Getty Images maintains an expansive, privately-owned collection of photographic archives. These archives cover a wide array of subjects including news, sports, entertainment, lifestyle, business, science, health, wellness, beauty, transportation, and travel, catering to the varied content needs of its clients.
- Music Licensing: The company offers comprehensive music licensing services, enabling clients to find and license the appropriate music track for their advertisements, films, or digital content, ensuring they meet copyright compliance and enhance their projects audibly.
- Digital Asset Management and Distribution Services: To assist businesses in efficiently managing and distributing their digital assets, Getty Images provides tailored solutions. These services are designed to streamline the process of storing, organizing, and sharing digital content, ensuring it is accessible and ready for use across various platforms.
