[KongchangAI]
Company

Getty Images

A leading global stock photography and media licensing company that filed a lawsuit against Stability AI, alleging large-scale unauthorized reproduction of its copyrighted photographic works.

Core Facts

Timeline (last 90 days)

Oct 13

Getty Images plans to complete its privatization through a voluntarily filed bankruptcy protection process, in order to reduce debt and reshape its capital structure.

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Oct 13

After privatization, Getty Images no longer needs to withstand the pressure of quarterly financial reports and stock price fluctuations, and can adjust its business direction more calmly.

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Oct 13

Getty Images' restructuring plan is very likely to first reach a restructuring support agreement (RSA) with major creditors, and then quickly complete the process through a pre-packaged bankruptcy, converting debt into equity or substantially reducing principal.

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Oct 13

Getty Images announced that it has secured a 533 million USD capital injection from the Getty family and Charles Koch's investment institution.

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Oct 13

The merger plan between Getty Images and its competitor Shutterstock ultimately failed to complete.

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Oct 5

Multiple lawsuits including The New York Times v. OpenAI and Getty Images v. Stability AI are currently under review.

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Sep 28

Getty Images filed a lawsuit against Stability AI.

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Sep 26

Getty Images, multiple artists, and academic publishers have raised similar copyright claims against AI companies.

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Sep 18

Copyright holders such as Disney, Getty Images, and The New York Times have all sent similar letters to AI companies or filed lawsuits directly.

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Sep 11

In the image sector, Getty Images and Shutterstock have each established paid licensing dataset partnerships with AI image generation companies.

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9 more timeline events

All Facts (20)

Verified

Getty Images took legal action against Stability AI, seeking damages exceeding $1.8 billion

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Verified

Getty Images sued Stability AI for unauthorized use of millions of copyrighted images from its library.

80%
Verified

Getty Images sued Stability AI, and artists collectively sued Midjourney, with the core dispute being whether the images used to train the models were authorized by the original creators

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Verified

Since 2023, The New York Times has sued OpenAI and Microsoft, Getty Images has sued Stability AI, and thousands of authors have filed a joint lawsuit against Meta.

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Verified

2023年以来出现一波AI版权诉讼浪潮,包括Getty Images诉Stability AI、美国作家协会集体诉讼多家AI公司等

65%
Unverified

After privatization, Getty Images no longer needs to withstand the pressure of quarterly financial reports and stock price fluctuations, and can adjust its business direction more calmly.

50%
Unverified

Getty Images plans to complete its privatization through a voluntarily filed bankruptcy protection process, in order to reduce debt and reshape its capital structure.

50%
Unverified

Copyright holders such as Disney, Getty Images, and The New York Times have all sent similar letters to AI companies or filed lawsuits directly.

50%
Unverified

In the image sector, Getty Images and Shutterstock have each established paid licensing dataset partnerships with AI image generation companies.

50%
Unverified

In the 2023 Getty Images v. Stability AI case, the court preliminarily held that AI training cannot automatically invoke fair use

50%
Unverified

Getty Images' restructuring plan is very likely to first reach a restructuring support agreement (RSA) with major creditors, and then quickly complete the process through a pre-packaged bankruptcy, converting debt into equity or substantially reducing principal.

50%
Unverified

Getty Images announced that it has secured a 533 million USD capital injection from the Getty family and Charles Koch's investment institution.

50%
Unverified

The merger plan between Getty Images and its competitor Shutterstock ultimately failed to complete.

50%
Unverified

Multiple lawsuits including The New York Times v. OpenAI and Getty Images v. Stability AI are currently under review.

50%
Unverified

Getty Images filed a lawsuit against Stability AI.

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Unverified

Getty Images, multiple artists, and academic publishers have raised similar copyright claims against AI companies.

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Unverified

Getty Images filed a lawsuit against Stability AI, and authors filed class-action suits against Meta over AI training data

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Unverified

Getty Images has sued Stability AI, alleging that its Stable Diffusion image generation model infringes the copyrights of millions of images.

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Unverified

Stability AI faces lawsuits from institutions such as Getty Images for training the Stable Diffusion model on unauthorized images from the LAION dataset.

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Unverified

The New York Times v. OpenAI case and the Getty Images v. Stability AI case are testing the applicable boundaries of the "fair use" doctrine in the context of AI training

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