Article Summary:

The British Journal of Photography has reported that The Carlyle Group and Getty Images management have formed a partnership to acquire the world’s largest image and video stock agency from Hellman & Friedman for $3.3bn. The latter bought the agency four years ago for $2.4bn, and the selling price is less than the $4bn that they were seeking. Perhaps significantly, in an interview with the BJP, new CEO Jonathan Klein responded when asked about how the change will affect contributors with:

“No. Nothing will change for them, just like the Hellman deal didn’t change anything for them.”