Thursday, June 21, 2007

Getty Images enters music licensing business with $42 million acquisition of Pump Audio

About The Image writes: Getty Images, Inc. (NYSE: GYI), The industry leader in image licensing has made its first foray into the world of commercial music licensing with the acquisition of Pump Audio. Getty Images a business that currently dominates the world of still image licensing has touted strong growth in its footage business recently and appears to be focused on building the business into a more comprehensive content provider for its media, advertising and corporate customers.

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