Getty Images’ second quarter numbers hit a rough patch, with revenue down 2.5% year-over-year and a surprise negative EPS, fallout from the shuttered Shutterstock deal still bleeding over $100 million. Industry headwinds—AI disrupting content discovery and agencies shifting to in-house workflows—are squeezing growth. Management admits they’re not where they wanted to be, prioritizing financial cleanup: slashing debt, boosting liquidity, and focusing on premium iStock offerings powered by AI. The path forward? Fix the books, adapt to tech, and lean into high-value services amid market turbulence.
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