Seattle-based Getty Images is undergoing a significant financial restructuring, which includes filing for bankruptcy. The company is set to become private again through a deal supported by the Getty and Koch families. This move aims to reshape the company's financial standing. The specific details of the bankruptcy filing and the restructuring process are now underway. This development marks a new chapter for the well-known image licensing company.
Seattle, Washington
https://www.seattletimes.com/business/getty-images-to-restructure-via-bankruptcy-no-seattle-layoffs-planned/