Saastr · 22 October 2026 · Industry Analysis

Getty Images Files for Chapter 11 at a ~$910M Run-Rate: 27% EBITDA Margins, 25% Fewer Subscribers, and $0 for Public Shareholders

Jason Lemkin, GP @ SaaStr

Getty Images filed for Chapter 11 with $910M annualized revenue and 27% EBITDA margins, gutted by AI-driven subscriber loss (down 25% YoY), a failed $100M+ Shutterstock merger, and $2.1B in debt; Koch and the Getty family will own 100% post-restructuring while public shareholders receive nothing.

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Topics: Media & Entertainment

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