Getty Images files for Chapter 11 bankruptcy protection, plans to bring in new capital and go private through restructuring

October 21 — Getty Images, a stock photo and image library service provider, has filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the District of Delaware, according to Bloomberg. The company had previously reached a restructuring support agreement and will bring in new capital and go private through a prepackaged bankruptcy restructuring.

According to the filing, the company listed both assets and liabilities in the range of $1 billion to $10 billion. We, October 21 — Getty Images, a photo and visual content service provider, has filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the District of Delaware, according to Bloomberg. The company had previously reached a restructuring support agreement and will bring in new capital and go private through a prepackaged bankruptcy restructuring.

According to the filing, the company listed both assets and liabilities in the range of $1 billion to $10 billion.