Report shows Getty Images low on cash, stock photo profit down 17%

 

 

Getty Images appears to be going through some financial struggles. According to a report from Bloomberg Business, published yesterday, Getty Images burned through roughly a third of its cash in the last three months of 2014 alone.

A source, who wished to remain anonymous because they were not authorized to speak on the matter, told Bloomberg the declining numbers just days after an invite-only conference for executives and investors.

According to the source, Getty Images is down to $27 million in liquid assets, a whopping $14…

(read more)

via Imaging Resource News Page http://ift.tt/1vChXaK

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About paulomealha

IT professional, father, husband, Apple evangelist, motorbike fanatic, traveller and adventurer.
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