Posts Tagged ‘ipo’

GoPro Reportedly Planning to Go Public with a $300M+ IPO

GoPro Reportedly Planning to Go Public with a $300M+ IPO gopro mini

It’s not every day that a camera company goes public, but that’s what GoPro is reportedly trying to do.

Reuters, which broke the story, reports that the company is planning to raise $300 million to $500 million in an initial public offering sometime in 2013.
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Getty Images Auction Draw Bids of $4 Billion

Getty Images Auction Draw Bids of $4 Billion getty

Photo agency Getty Images is on the auction block, in a second round of bids that are climbing towards $4 billion for a potential sale. Investment firm KKR & Co. and private equity investment firm TPG are on the list of at least five interested bidders, the Wall Street Journal reports.
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AP Challenging Getty’s Supremacy by Spinning Off a New Photo Agency

AP Challenging Gettys Supremacy by Spinning Off a New Photo Agency invision mini

When it comes to photography agencies, Getty Images reigns supreme. Founded in 1995 by Mark Getty and Jonathan Klein, the Seattle-based behemoth in many ways took stock and editorial photography into the digital age, causing the slow decline of “former-rulers” like the AP. Between Getty’s editorial supremacy and the rise of an era where photojournalists find themselves replaced sometimes by average Joe’s with smartphones, the last few years have consisted mostly of the AP trying to staunch the bleeding. But now it seems they’re ready to fight back. Read more…

Shutterstock Files for IPO, Reveals Its Internal Facts and Figures

Shutterstock Files for IPO, Reveals Its Internal Facts and Figures shutterstock mini

This past Monday, stock photography behemoth Shutterstock filed documents with the SEC to have an IPO and list its shares on the New York Stock Exchange. The process requires Shutterstock to reveal its financial details, so the document provides an interesting look at how the company ticks and the state of the stock photography industry.
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