I love this for them!
Our first president is finally bankrupt.
So, nothing is lost? OK, moving on.
Lol get fucked
Parasitic IP rent seekers can go to hell.
How is it possible to lose money when your whole business model is based on theft?
Literally, what are their expenses?
They had to pay out over $100 million to some hedge fund/VC groups after losing a lawsuit about denying their use of stock warrants. This had been ongoing since 2022 but the final ruling was last quarter.
Also they took on another $100 million or so of debt in anticipation of the Shutterstock merger which fell through.
Lawyers on retainer.
maintenance, mostly
Paying their lawyers to sue people
I had an intern use a Getty Image he found on the open internet, on our website by accident. We got maybe 100 visitors in a week. He didn’t know it was a Getty images, but yes, he should have cleared the image first. Somehow Getty found it and tried to sue us for thousands of dollars. Literally thousands, the number was completely ridiculous. Luckily I had good legal representation and he got it down to 500 dollars, which is still ridiculous for a small mistake.
Get fucked, Getty
Oh no! Anyway.
LMAO, GET FUCKED!
getty fucked
Uplifting news
Soon all stock photo image sites will close and we will just have AI images for everything. Uplifting news?
This exactly. Whats even worse, is that so many stock sites now try to pivot fully to AI. As someone who regularly uses stock images and videos at work this is so annoying. I don’t want a fucking inbetween platform to AI generate some slop. Now more then ever there would be value in a site that gives me 100% real images. Like say if I want to illustrate a video about Peru i want videos that were actually shot there etc…
Honestly… I rather have ai stock imgs then getty. The entire point of stock it’s is they are place holder or filler imgs.
They are purely functional in nature. Ai is fine for that more or less.
An image of a few people sitting around a corporate office, pointing at charts. I’m totally fine with AI here.
Because I love companies selling historical images that should be public domain and than adding their fucking watermark to all images of theirs that appear in search engines. Fuck Getty Images.
I saw someone on YouTube made a image archive of a ton of public domain videos and images that is easy to use like Getty. Don’t remember the title though. Was a cool idea.
Well fuck all stock photo companies too then eh?
As opposed to the previous trend of getty greedily monopolising the industry, stealing images that they don’t own copyright for and using their lawyers to mute smaller competitors they steal from? In this case AI is the lesser of two evils. If you don’t hate getty, you simply don’t know enough about them.
The better news is that Getty is going tits up, then the AI bubble will burst and we won’t have to deal with so much of that bullshit either.
The ai bubble bursting and hardware prices crashing would make local gen even more affordable.
Which means cheap generic ass stock filler imgs would be easy and accessible for everyone.
Fuck ai, but fuck getty more. Anything that undermines them is good.
Plenty of open source image sites at this point
That are good and have new stuff for free with no attribution? Example please?
Why is asking a question downvoted? Would be useful to provide examples when making a claim
Because people come to the internet to get dopamine. Here’s a fun tip: use a client that allows you to hide all votes. That way you aren’t ever influenced by vote manipulation. Then when people say, “your opinion is being downvoted [by my bot army]” you can say, “don’t know, don’t care, lmfao”
Slippery slope - straw man argument, nothing in the post you respond to says that.
AI does something good for once
If someone invented a machine that did nothing but roam the streets at night and hunt down orphans, and if that machine somehow led to Getty going bankrupt as a byproduct, it would probably still get a cheer out of me.
I don’t like orphan killing machines, but I’ll take a silver lining whenever I can. I guess I’m an optimist like that.
That is a disturbingly malleable moral stance. I love it.
Chaotic good.
It’s peak humanity. It really is a fantastic show of the double standards and mental gymnastics that define what it is to be human.
You didn’t read OP’s link, huh?
The content provider announced last week that it was planning to file in Delaware bankruptcy court after its near $4 billion merger with rival Shutterstock collapsed due to British antitrust challenges.
This is
redditlemmy, we don’t waste our time with things like readingRead and nuance is for the bird! We do snap reactions and hot takes around here!
Lemmy is such a fun duality of positive vibes and absolutely brain dead hate band wagons.
Better than reddit that’s only hate bandwagons tho.
