Getty Q2 Revs Flat

Posted on 7/15/2008 by Jim Pickerell | Printable Version | Comments (0)

The Seattle Post Intelligencer has reported that Getty's gross revenue for Q2 2008 was $218 million with net income of $33.7 million. The $218 million is the same level of income as the same period in 2007, but down from $233.2 million in Q1 2008.

It should also be noted that Getty did not own WireImage in Q2 2007, so the fall in revenue on the creative side of the business was probably greater than it appears from the above numbers. In addition, iStock's gross revenue in Q2 2007 was about $16 million; in Q1 2008, it was approximately $31 million. The Q2 2008 figure was probably higher than $31 million, as Getty instituted another microstock price increase in Q2.

Now that Getty is a private company, owed by Hellman & Friedman, very few revenue details will be made public in the future.

Copyright © 2008 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to:  


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