Getty Images filed for Chapter 11 bankruptcy protection to restructure and take the company private following a failed $4 billion merger with Shutterstock due to antitrust issues. The company, facing heavy debt and competition from AI image generators, will receive up to $533 million in new equity from Getty family affiliates and Koch Equity Development, who will own the company post-restructuring. Operations will continue normally during the process, which is expected to complete by year-end. Financing from Koch will support the restructuring, and Getty Images opted for restructuring despite having cash to cover interest payments due Sept. 1 on unsecured notes.
Getty Images' bankruptcy filing provides context for Media-sector trading activity on Pluang as of Oct 22, 2026 18:41 WIB. Among 58 priced US Media stocks, 22 rose and 33 fell. Notably, AST SpaceMobile Inc (ASTS) declined 4.47% to USD 39.07 with 68% sell orders, contrasting with Meta Platforms Inc (META) which fell 3.09% to USD 676.00 but had 68% buy orders and a longer typical hold time of 128 days. Bilibili Inc (BILI) dropped 2.50% to USD 13.26 with 60% buy orders.
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