By Andrew Ross Sorkin, The New York Times
Getty Images, the world’s biggest supplier of pictures and video to media and advertising companies, has put itself on the auction block and could fetch more than $1.5 billion, people briefed on the situation said Sunday.
Getty, founded in 1995 in Seattle, has grown through a series of acquisitions into a go-to source for visual media, claiming an average service of 3.2 billion images and 4 million unique visitors at its Web site each month. The company’s main selling point is the licensing of high-quality images from professional photographers around the world. Among its main clients are advertising agencies and media companies, including The New York Times. It also offers video footage for use in movies, television and the Internet.
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