Getty Rumoured to have Raised $100M From Bondholders In Debt Swap

November 9, 2015 Marco | Editor

By Lee Torrens Just when you thought Getty Images was close to folding under the weight of its massive debt, rumours sourced by Bloomberg say the company has found a way to raise more cash to revive their “midstock” business. If the rumours are accurate, the investors will be getting better-ranked bonds with higher interest rates in exchange for the $100M in cash. Debt and Interest… …read more

Via: Microstock Diaries

Marco | Editor

Editor and founder of a bunch of stockphoto businesses

Is The U.S. A Democracy?
This story is not about stock photography. Lately, I have been concerned about the state of Democracy in the U.S. This story outlines some of my thoughts. It is an issue that should concern every U.S. citizen, and maybe citizens of other countries. If you have friends who might be interested in this subject, please […]
Dealing With Model Releases
It should come as no surprise that, in recent years, online waivers and release forms have grown in popularity, especially during the past year. They’ve made it much easier to collect information while maintaining pandemic-approved standards. The stock photo industry, for example, has benefitted from online photo release forms. It provides an effective and efficient way to […]
Jon Oringer’s $52 Million Hampton Home
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