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 challe…
  • xangadix@lemmy.worldEnglish
    12 days

    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

    • Couldbealeotard@lemmy.worldEnglish
      11 days

      $500 seems pretty fair. It was genuine copyright infringement of a paid product for commercial use.

      • muusemuuse@sh.itjust.worksEnglish
        10 days

        Getty will steal other people’s photos on the Internet and sue the original photographer for using their own work. They do this all the time. Fuck Getty.

      • shalafi@lemmy.worldEnglish
        11 days

        They sued for thousands so in the end it would be $500. If they asked $500 up front, it would have been $50.

  • gedaliyah@lemmy.worldEnglish
    12 days

    How is it possible to lose money when your whole business model is based on theft?

    Literally, what are their expenses?

    • Arshem@lemmy.worldEnglish
      11 days

      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.

  • hperrin@lemmy.caEnglish
    11 days

    Not that I’m fond at all of Getty, but the fact that people are using AI slop instead of real photographs is disappointing.

        • Seralth@piefed.seralth.comEnglish
          11 days

          Read 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.

    • boonhet@sopuli.xyzEnglish
      11 days

      Welcome to London Daily, an innovative and unique news experiment driven by advanced artificial intelligence (AI) technology.

      Our AI system conducts extensive research and fact-checking, presenting a non-biased and diverse perspective on each topic. It meticulously filters out biased or manipulated content, offering you factual summaries essential for your knowledge as an informed citizen.

      Evidently this AI system does not include dates on these news stories though. This one is old.

  • Grimy@lemmy.worldEnglish
    12 days

    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.

  • Fizz@lemmy.nzEnglish
    10 days

    They really got.destroyed by a few years of AI. Jeez what did they spend all their money on?