Getty Images

Getty Images reported revenue of $229.1 million and a loss of $0.05 per share in the second quarter, both well below consensus estimates, sending the stock down about 25% in after-hours trading. Free cash flow was deeply negative at -$122.6 million, weighed down by a $110.9 million legal settlement payment and merger-related costs that also pressured adjusted EBITDA and margins. Management is not providing guidance for now and is working with Guggenheim Securities to review financing and balance-sheet options; priorities are improving liquidity, reducing debt and repositioning iStock. Areas such as subscriptions and editorial revenue showed growth, but the high debt load of $2.1 billion remains a key risk. » Más en de.investing.com

Getty Images agreed a multiyear display license with OpenAI to surface its licensed visuals inside ChatGPT search and discovery, while the announcement did not address model training on Getty’s archive. The deal follows Getty’s 2023 lawsuits against Stability AI, where key UK copyright claims largely failed, illustrating a shift from litigation to commercial licensing. The article frames a broader industry pattern—rights owners use legal action to extract leverage and then convert that leverage into licensing revenue, as seen earlier with music labels. The unresolved question remains whether owners can secure payment for model training in addition to placement inside AI products. » Más en forbes.com

Getty Images struck a display agreement to surface its licensed visuals in ChatGPT responses, with no financial terms disclosed, and Getty shares jumped 123% after the announcement. The deal does not clarify whether Getty content will be used to train models and leaves third‑party rights—such as celebrity likenesses, trademarks and performance or voice clearances—unaddressed. Legal uncertainty persists amid Getty’s ongoing lawsuits over AI training and mixed court rulings, and users are advised to obtain separate licenses for commercial uses. » Más en forbes.com