Getty Images Files for Bankruptcy; AI Disruption Cited

Getty Images has filed for bankruptcy four years after its return to the stock market, with the Getty family and Charles Koch's fund injecting $533 million to take control, leaving shareholders with nothing. The filing underscores the accelerating disruption of the stock-photo industry by AI-generated imagery, which has eroded demand for generic photos. The move signals a broader risk for content-licensing businesses facing AI substitution.