Getty’s SPAC Deal Is Two Decades in the Making

679 Views11 Feb 2022 10:05

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SUMMARY

With over 415 million assets, 340,000 contributors and nearly $1 Billion in annual revenues, Seattle-based Getty Images may be the most dominant company in the stock photography industry
After being in private-equity hell for the better part of the last decade, the company is finally making a return to the public markets through a $4.8 Billion SPAC deal with CC Neuberger
Getty has been plagued with challenges including Corporate Mismanagement, Rising Debt & Competition from Low End/Mobile Studios.

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