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End of stock photography? Getty Images’ existential threat amid GenAI boom

The Standard (HK) 🔗 Share link 10/19 20:44 UTC 🔗 Share link GhostX: AI meets filmmaking — The New Indian Express · 10/20 00:30 UTC

Getty Images has lost over 99 percent of its peak market valuation and fallen into penny-stock territory. Facing heavy debt and growing competition from AI-generated imagery, the company plans to begin an expedited prepackaged Chapter 11 process. This follows the collapse of its planned merger with rival Shutterstock.

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