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On October 12, local time, global image and visual content supplier Getty Images announced that it had reached a comprehensive restructuring agreement. It plans to begin pre-packaging and restructuring procedures under Chapter 11 of the US Bankruptcy Code within a few weeks, and complete the restructuring and privatization and delisting before the end of the year. In the Chinese market, the content of Getty Images can only be legally authorized through one company, which is Visual China. The two sides have established exclusive cooperation since 2005, which has now been over 20 years. On October 15, Vision China told reporters that at present, the company's related business cooperation with Getty Images is normal, and there have been no changes.
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On October 12, local time, global image and visual content supplier Getty Images announced that it had reached a comprehensive restructuring agreement. It plans to begin pre-packaging and restructuring procedures under Chapter 11 of the US Bankruptcy Code within a few weeks, and complete the restructuring and privatization and delisting before the end of the year. In the Chinese market, the content of Getty Images can only be legally authorized through one company, which is Visual China. The two sides have established exclusive cooperation since 2005, which has now been over 20 years. On October 15, Vision China told reporters that at present, the company's related business cooperation with Getty Images is normal, and there have been no changes.
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