Getty Images, Inc. http://www.alacrastore.com/company-snapshot/Getty_Images_Inc-2002962 Friday, September 05, 2008 5:53:05 AM 2002962 Getty Images, Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/moodys/PR_157041_820932428moodys/PR_157041_820932428htmlGlobal Credit Research Rating Action # JUN #### Rating Action: Abe Acquisition Corp. Moody's assigns Ba# rating to buyout of Getty Images Approximately $#.# billion of debt affected. New York, June ##, #### -- Moody's Investors Service...6/10/2008 12:42:12 AMhtmlAbe Acquisition Corp.Getty Images, Inc.Abe Acquisition Corp.; Getty Images, Inc.820932428600042921150.0000NewsRating ActionPR_157041_820932428Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/653013spcred/653013normThe latest News from S&Pglobal6/9/2008 6:24:15 PM100News653013United StatesPublishingUnited StatesGlobal IssuersCorporationsMedia & EntertainmentNewsNEW YORK (Standard&Poor's) June 9, 2008--Standard&Poor's Ratings Services said today it affirmed and removed from Credit Watch its 'BB-' corporate credit rating on Seattle-based visual imagery and digital content company Getty Images Inc. The rating action is based on Getty Images' new credit profile as a result of private-equity firm Hellman&Friedman's pending acquisition of the company. In addition, we assigned a rating of 'BB' to the company's proposed $1.045 billion senior secured bank financing, one notch higher than the corporate credit rating on Getty Images, and a '2' recovery rating, indicating our expectation of substantial recovery (70%-90%) of principal and prepetition interest in the event of payment default. Proceeds of the facilities will beUSA37427625401040 254010 2540 25Getty Images Inc.323597USAGETYNEWSGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/653014spcred/653014normThe latest Research Update from S&Pglobal6/9/2008 6:24:15 PM175Research Update653014United StatesPublishingUnited StatesGlobal IssuersCorporationsMedia & EntertainmentResearch UpdateOn June 9, 2008, Standard&Poor's Ratings Services affirmed and removed from CreditWatch its 'BB-' corporate credit rating on Seattle-based visual imagery and digital content company Getty Images Inc. The rating action is based on Getty Images' new credit profile as a result of private-equity firm Hellman&Friedman's pending acquisition of the company. In addition, we assigned a rating of 'BB' to the company's proposed $1.045 billion senior secured bank financing, one notch higher than the corporate credit rating on Getty Images, and a '2' recovery rating, indicating our expectation of substantial recovery (70%-90%) of principal and prepetition interest in the event of payment default. Proceeds of the facilities will be used to complete the acquisition and toUSA37427625401040 254010 2540 25Getty Images Inc.323597USAGETYRESUPDGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_149968_600042921moodys/PR_149968_600042921htmlMoody's reviews Getty Images for possible downgradeRating Action2/26/2008 12:25:46 AMGetty Images, Inc.600042921150.0000NewshtmlGetty Images, Inc.PR_149968_600042921Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/632414spcred/632414normThe latest News from S&P2/25/2008 6:50:30 PMNews100global632414United StatesPublishingUnited StatesGlobal IssuersCorporationsMedia & EntertainmentNewsNEW YORK (Standard&Poor's) Feb. 25, 2008--Standard&Poor's Ratings Services said today it lowered its corporate credit rating on Seattle, Wash.-based visual imagery company Getty Images Inc. to 'BB-' from 'BB' and placed it on CreditWatch with negative implications. At the same time, we affirmed the 'B+' rating on the company's subordinated debt. The rating action is based on the announcement that Getty has entered in. to a definitive agreement to be acquired by Hellman&Friedman LLC, in a transaction valued at $2.4 billion. "We believe this deal will raise financial risk as the company is addressing business challenges," said Standard&Poor's credit analyst Tulip Lim. The transaction value includes existing debt. Getty Images currently expectsUSA37427625401040 254010 2540 25Getty Images Inc.323597USAGETYNEWSGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/632415spcred/632415normThe latest Research Update from S&P2/25/2008 6:50:30 PMResearch Update175global632415United StatesPublishingUnited StatesGlobal IssuersCorporationsMedia & EntertainmentResearch UpdateOn Feb. 25, 2008, Standard&Poor's Ratings Services lowered its corporate credit rating on Seattle, Wash.-based visual imagery company Getty Images Inc. to 'BB-' from 'BB' and placed the rating on CreditWatch with negative implications. At the same time, we affirmed the 'B+' rating on the company's subordinated debt. The rating action is based on the announcement that Getty has entered into a definitive agreement to be acquired by Hellman&Friedman LLC, in a transaction valued at $2.4 billion, which we believe will raise financial risk as the company is addressing business challenges. The transaction value includes existing debt. Getty Images currently expects the transaction to close in the second quarter of 2008. The company had $265 millionUSA37427625401040 254010 2540 25Getty Images Inc.323597USAGETYRESUPDGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1744064ccbn/B1744064normQ# #### GETTY IMAGES INC Earnings Conference Call1/31/2008 11:06:00 PMGETTY IMAGES INC54.0000EditedQ4 2007 GETTY IMAGES INC Earnings Conference Call SummaryGYI5:00pm ETBriefB1744064Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1744064ccbn/T1744064normQ# #### GETTY IMAGES INC Earnings Conference Call1/31/2008 7:06:00 PMGETTY IMAGES INC54.0000FinalQ4 2007 GETTY IMAGES INC Earnings Conference Call TranscriptGYI5:00pm ETTranscriptT1744064Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/spcred/627489spcred/627489normThe latest News from S&P1/24/2008 7:12:34 PMNews100global627489United StatesPublishingUnited StatesGlobal IssuersCorporationsMedia & EntertainmentNewsNEW YORK (Standard&Poor's) Jan. 24, 2008--Standard&Poor's Ratings Services said today it affirmed its ratings and outlook on Seattle, Wash.-based visual imagery company Getty Images Inc., including its 'BB' corporate credit rating, following the company's announcement that it is exploring strategic alternatives. The outlook is negative. "We believe that a sale of the company could potentially result in a weakened credit profile, but that current unfavorable economic and credit market conditions suggest a lower probability of a transaction within the next three months," said Standard&Poor's credit analyst Tulip Lim. The ratings on Getty reflect risks related to its limited business diversity, its reliance on sales to the cyclical advertising and publishing industries, the trend ofUSA37427625401040 254010 2540 25Getty Images Inc.323597USAGETYNEWSGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/627490spcred/627490normThe latest Research Update from S&P1/24/2008 7:12:34 PMResearch Update175global627490United StatesPublishingUnited StatesGlobal IssuersCorporationsMedia & EntertainmentResearch UpdateOn Jan. 24, 2008, Standard&Poor's Ratings Services affirmed its ratings and outlook on Seattle, Wash.-based visual imagery company Getty Images Inc., including its 'BB' corporate credit rating, following the company's announcement that it is exploring strategic alternatives. We believe that a sale of the company could potentially result in a weakened credit profile, but that current unfavorable economic and credit market conditions suggest a lower probability of a transaction within the next three months. The outlook is negative. The ratings on Getty reflect risks related to its limited business diversity, its reliance on sales to the cyclical advertising and publishing industries, the trend of organic revenue decline, and secular pressures related to the unfavorable economics of digital migration.USA37427625401040 254010 2540 25Getty Images Inc.323597USAGETYRESUPDGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/CMT_0000419365moodys/CMT_0000419365htmlIssuer Comment1/23/2008 12:23:23 AMGlobal Credit Research Issuer Comment ## JAN #### Issuer Comment: Getty Images, Inc. Moody's comments on Getty's decision to explore strategic alternatives On January ##, ####, Getty Images, Inc. (Getty) announced that its board of...Getty Images, Inc.600042921150.0000NewshtmlGetty Images, Inc.CMT_0000419365Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/COP_600042921moodys/COP_600042921htmlCredit Opinion1/3/2008 7:54:55 PMGlobal Credit Research Credit Opinion ## MAR #### Credit Opinion: Getty Images, Inc. Getty Images, Inc. Seattle, Washington, United States Ratings Category Moody's Rating Outlook Stable Corporate Family Rating Ba# Subordinate Ba# Contacts...Getty Images, Inc.600042921150.0000NewshtmlGetty Images, Inc.COP_600042921Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/620135spcred/620135normThe latest Summary from S&P12/14/2007 3:49:15 PMSummary175global620135United StatesPublishingUnited StatesGlobal IssuersCorporationsMedia & EntertainmentSummaryThe ratings on Getty Images Inc. reflect risks related to Getty's limited business diversity, its reliance on sales to the cyclical advertising and publishing industries, the trend of organic revenue decline, and secular pressures related to the unfavorable economics of digital migration. The company's good competitive position in the niche market for noncommissioned (or "stock") visual imagery, solid discretionary cash flow generation, and low leverage partially offset these risks. Getty is the leading global provider of noncommissioned visual content to advertising and design agencies, publishing and media companies, and corporate and business users. Getty is more than three times larger than its nearest competitor based on revenue. It has a broad collection of stock images, extensive customer and partner relationships,USA37427625401040 254010 2540 25Getty Images Inc.323597USAGETYSUMMARYGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/620115spcred/620115normThe latest Full Report from S&P12/14/2007 3:49:14 PMFull Report400global620115United StatesPublishingUnited StatesGlobal IssuersCorporationsMedia & EntertainmentFull ReportStrong, leading position in niche market; Customer and geographic diversity; Good conversion of EBITDA to discretionary cash flow; and Low leverage. Narrow business focus; Reliance on sales to the cyclical advertising and publishing industries; Limited revenue visibility; and Secular challenges related to digital migration. The ratings on Getty Images Inc. reflect risks related to Getty's limited business diversity, its reliance on sales to the cyclical advertising and publishing industries, the trend of organic revenue decline, and secular pressures related to the unfavorable economics of digital migration. The company's good competitive position in the niche market for noncommissioned (or "stock") visual imagery, solid discretionary cash flow generation, and low leverage partially offset these risks. Getty is the leading global provider ofUSA37427625401040 254010 2540 25Getty Images Inc.323597USAGETYFULLGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1671358ccbn/B1671358norm11/1/2007 9:08:00 PMGETTY IMAGES INC54.0000EditedQ3 2007 GETTY IMAGES INC Earnings Conference Call SummaryGYI5:00pm ET...GYI reported #Q## revenue of $###.#m. #Q## net income was $##.#m or $#.## per share. Full-year #### revenue guidance is approx. $###m and #Q## revenue guidance is approx. $###m. Full-year EPS is expected to be $#.##, which includes about $#.## per share for non-recurring items comprised of the cost associated with non-recurring professional fees and the restructuring charge. Expects #Q## diluted EPS to be $#.##. ... BriefB1671358Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1671358ccbn/T1671358norm11/1/2007 7:06:00 PMGETTY IMAGES INC54.0000FinalQ3 2007 GETTY IMAGES INC Earnings Conference Call TranscriptGYI5:00pm ET...Good day and welcome everyone to the Getty Images first quarter #### earnings conference call. Today's call is being recorded. At this time for opening remarks and introductions, I would like to turn the program over to the director of investor relations, Mr. Alan Pickerill. Please go ahead, sir. ... TranscriptT1671358Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/spcred/604958spcred/604958normThe latest News from S&P9/28/2007 3:47:00 PMNews100global604958United StatesPublishingUnited StatesGlobal IssuersCorporationsMedia & EntertainmentNewsNEW YORK (Standard&Poor's) Sept. 28, 2007--Standard&Poor's Ratings Services today said it raised its ratings on Seattle, Wash.-based visual imagery company Getty Images Inc., including raising the corporate credit rating to 'BB' from 'B+, and removed the ratings from CreditWatch. The outlook is negative. "The rating action is based on the company becoming current on required SEC filings and our subsequent review with management," explained Standard&Poor's credit analyst Tulip Lim. We originally placed the ratings on CreditWatch with developing implications on Dec. 4, 2006, after the company had received notices from bondholders that the delay of its third-quarter 10-Q filing constituted an event of default. Subsequently, the CreditWatch was revised to positive from developing onUSA37427625401040 254010 2540 25Getty Images Inc.323597USAGETYNEWSGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/604959spcred/604959normThe latest Research Update from S&P9/28/2007 3:47:00 PMResearch Update175global604959United StatesPublishingUnited StatesGlobal IssuersCorporationsMedia & EntertainmentResearch UpdateOn Sept. 28, 2007, Standard&Poor's Ratings Services raised its ratings on Seattle, Wash.-based visual imagery company Getty Images Inc., including raising the corporate credit rating to 'BB' from 'B+, and removed the ratings from CreditWatch based on the company becoming current on required SEC filings and our subsequent review with management. The outlook is negative. We originally placed the ratings on CreditWatch with developing implications on Dec. 4, 2006, after the company had received notices from bondholders that the delay of its third-quarter 10-Q filing constituted an event of default. Subsequently, the CreditWatch was revised to positive from developing on June 13, 2007, following the company's filing of its SEC 10-Q forms for its first and third quarters,USA37427625401040 254010 2540 25Getty Images Inc.323597USAGETYRESUPDGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1645782ccbn/T1645782norm9/19/2007 6:05:00 PMGETTY IMAGES INC54.0000FinalGETTY IMAGES INC at Goldman Sachs Communacopia XVI Conference TranscriptGYI4:20pm ET... - Goldman Sachs - AnalystAll right, we are ready to go. Your patience shall be rewarded for the last session of Communacopia, which I think could be one of the most interesting. I am Peter Appert; I cover the publishing, information and media content-related companies at Goldman. It's my pleasure to have Jonathan Klein, who is the CEO and co-founder of Getty Images, with us this afternoon. Jonathan has really been the architect of the growth and evolution of Getty over the last ##-plus years -- stock frankly a little bit controversial right now, which is why timing is excellent for investors to hear, I think, what you guys are up to currently. So, Jonathan, just as a starting point, let's just talk a little bit about the evolution of Getty over the years since you have successfully remade this Company a couple of times. Specifically, investors though about you guys as a picture Company. You did a bunch of acquisitions in the last couple years that are moving the mix a little bit. Tell... TranscriptT1645782Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/srp/22257srp/22257norm...Address:### North ##th Street, Seattle, Washington ##### Incorporated:DelawareWeb Site: www.gettyimages.comSIC Classification: Business Services, Not Elsewhere Classified (####) Business Description: Getty Images, Inc. is a leading provider of imagery and related products and services to businesses worldwide. They provide their high quality, relevant imagery to creative professionals at advertising agencies, graphic design firms, corporations and film and broadcasting companies; press and editorial customers involved in newspaper, magazine, book, CD-ROM and online publishing; and corporate communications departments and other business customers. Indices:Russell ####, Russell ####, S&P ### ... 22257374276103GYI10/6/2006 12:31:00 PM22257Credit & Investment ResearchSharkRepellent.net