Later that year, it announced that due to customers' needs changing, it plans to phase out rights-managed imagery by 2020 in favor of royalty-free images. In 2019, Getty Images introduced Market Freeze, simplifying exclusivity of rights-managed images. Airey remained in the role until 31 December 2018, at which time she became a non-executive director member of its board and Craig Peters was appointed CEO. In 2015, Jonathan Klein became the company's chairman and Dawn Airey was hired as chief executive officer (CEO) of Getty Images. The company moved to its current headquarters, in the Union Station office complex in Seattle's International District, in 2011. The company was acquired by the Getty family in 2018. As of the ensuing sale to Carlyle Group, the company was said to have an archive that included 80 million stills and illustrations. In 2008, the private equity firm Hellman & Friedman (H&F) acquired Getty Images for $2.4 billion. The Michael Ochs Archives were described by The New York Times as "the premier source of musician photography in the world". Getty Images acquired the Michael Ochs Archives in February 2007. In April 2003, Getty Images entered into a partnership with Agence France-Presse (AFP) to market each other's images. The company relocated to Seattle two years later and expanded in the United States, reaching 2,000 employees by 2006.
In September 1997, Getty Communications, as it was called at the time, merged with PhotoDisc, Inc. In 1995, Mark Getty and chief executive officer Jonathan Klein co-founded Getty Investments LLC in London. The Getty Images gallery at Eastcastle Street, London The company also offers custom photo services for corporate clients. Image prices vary according to resolution and type of rights.
Getty Images operates a large commercial website that clients use to search and browse for images, purchase usage rights, and download images. As Getty Images has acquired other older photo agencies and archives, it has digitised their collections, enabling online distribution. Getty Images has distribution offices around the world and capitalizes on the Internet for distribution with over 2.3 billion searches annually on its sites. It targets three markets- creative professionals (advertising and graphic design), the media (print and online publishing), and corporate (in-house design, marketing and communication departments). is an American-British visual media company and is a supplier of stock images, editorial photography, video and music for business and consumers, with a library of over 477 million assets.
Rights-managed and royalty-free images, audio and video
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