damn, hopefully they get acquired by a European company.
Did all that gas station money dry up?
This was meant as a joke, then I realized that this is capitalism and it might actually be the same family/company
Getty Fucked
Not that I’m fond at all of Getty, but the fact that people are using AI slop instead of real photographs is disappointing.
It’s the new clip-art and comic sans
I love this for them!
Our first president is finally bankrupt.
Lol get fucked
Oh no! Anyway.
So, nothing is lost? OK, moving on.
Parasitic IP rent seekers can go to hell.
How is it possible to lose money when your whole business model is based on theft?
Literally, what are their expenses?
They had to pay out over $100 million to some hedge fund/VC groups after losing a lawsuit about denying their use of stock warrants. This had been ongoing since 2022 but the final ruling was last quarter.
Also they took on another $100 million or so of debt in anticipation of the Shutterstock merger which fell through.
Lawyers on retainer.
maintenance, mostly
Paying their lawyers to sue people
I had an intern use a Getty Image he found on the open internet, on our website by accident. We got maybe 100 visitors in a week. He didn’t know it was a Getty images, but yes, he should have cleared the image first. Somehow Getty found it and tried to sue us for thousands of dollars. Literally thousands, the number was completely ridiculous. Luckily I had good legal representation and he got it down to 500 dollars, which is still ridiculous for a small mistake.
Get fucked, Getty
$500 seems pretty fair. It was genuine copyright infringement of a paid product for commercial use.
Getty will steal other people’s photos on the Internet and sue the original photographer for using their own work. They do this all the time. Fuck Getty.
Sauce? I need something to be mad about today. Alas, I searched for getty sues original photographer and came up with articles about photographers suing Getty, but not the other way around.
They sued for thousands so in the end it would be $500. If they asked $500 up front, it would have been $50.
AI does something good for once
LMAO, GET FUCKED!
getty fucked
