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	<title>WebProNews &#187; Mark Getty</title>
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		<title>Getty Images For Sale</title>
		<link>http://www.webpronews.com/getty-images-for-sale-2008-01</link>
		<comments>http://www.webpronews.com/getty-images-for-sale-2008-01#comments</comments>
		<pubDate>Mon, 21 Jan 2008 14:48:35 +0000</pubDate>
		<dc:creator>Mike Sachoff</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Deals]]></category>
		<category><![CDATA[Getty Images]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Jupitermedia]]></category>
		<category><![CDATA[Mark Getty]]></category>

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		<description><![CDATA[<p>Getty Images, the world's largest supplier of pictures and video to the media is for sale.</p>]]></description>
			<content:encoded><![CDATA[<p>Getty Images, the world&#8217;s largest supplier of pictures and video to the media is for sale.</p>
<p><img border="0" align="left" title="Getty Images" alt="Getty Images" src="http://images.ientrymail.com/webpronews/article_pics/sm_body/gettyimages_logo.gif" /></p>
<p>The company has hired Goldman <a href="http://www2.goldmansachs.com/" title="Getty">Sachs</a> to consult on any potential sale and The New York Times is reporting that Getty <a href="http://www.gettyimages.com/Home.aspx" title="Getty Images">Images</a> could sell for $1.5 billion. A number of equity firms have interest in Getty, including Kohlberg Kravis Roberts and Bain Capital.</p>
<p>When asked about a potential sale, a Getty spokesman in London told Agence France-Presse,&quot; We do not comment on rumors.&quot;</p>
<p>Getty was founded in 1995 by Mark Getty and Jonathan Klein and has grown through a series of acquisitions, including its purchase of its biggest competitor, MediaVast, for $202 million. The company was also in negotiations with <a href="http://www.jupitermedia.com/" title="Getty For sale">Jupitermedia</a> but the talks ended without a deal.</p>
<p>Getty&#8217;s main selling point is the licensing of high quality images from professional photographers around the world. It also offers video for use in movies, television and online.</p>
<p>&quot;Getty Images continues to be a company in transition, adjusting from being the leading player in an oligopolistic market to being one of many players in a highly competitive market,&quot; Barbara Coffey, a research analyst with Kaufman Brothers, wrote in a research note earlier this month.<br />
&nbsp;</p>
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