Getty Images renews UEFA partnership for sports coverage

LONDON - Getty Images (NYSE: GETY), a leading global provider of visual content with a market capitalization of $879.7 million and an impressive 72.75% gross profit margin, has renewed its longstanding partnership with the Union of European Football Associations (UEFA), continuing its role as UEFA’s official appointed photographic agency. According to InvestingPro data, the company has maintained profitability over the last twelve months, despite its stock trading near 52-week lows. This multi-year agreement will have Getty Images’ award-winning sports photographers and editors cover all of UEFA’s men’s and women’s club and national team competitions, including the UEFA Champions League and the upcoming UEFA Women’s EURO 2025 in Switzerland. With annual revenue of $917.9 million, Getty Images continues to expand its sports coverage portfolio. For investors interested in deeper analysis, InvestingPro offers comprehensive research reports with detailed insights into Getty Images’ financial health and growth prospects.

Under the renewed partnership, Getty Images will provide extensive coverage of UEFA’s high-profile tournaments, such as the UEFA Europa League and the newly introduced UEFA Women’s Europa Cup, set to commence in the 2025/2026 season. Additionally, the company will capture the UEFA Futsal EURO events. Getty Images’ coverage will include official player portraits of all 36 UEFA Champions League teams and those competing in the UEFA Women’s Champions League.

The collaboration also extends to the delivery of short-form video content, enhancing the fan experience by capturing the atmosphere and brand production at UEFA Champions League matches. Michael Heiman, Vice President of Global Sport at Getty Images, expressed pride in continuing the two-decade-long relationship, emphasizing the company’s commitment to providing fresh, creative, and engaging imagery.

For the UEFA Women’s EURO 2025, Getty Images will document the tournament across eight cities, from the opening match on July 2 to the final on July 27. The company’s photographers will cover every angle, including official player and squad portraits, fan interactions, match action, and immediate post-victory images of the winning team.

Phillip Williams, Head of Editorial Content Services at UEFA, praised Getty Images for consistently delivering high-quality content and capturing unforgettable moments. Getty Images has been an official partner to UEFA since 2004 and has archived content from all UEFA club and national competitions dating back to the first European Cup Final in 1956.

Getty Images serves as the official photographer or photographic partner to numerous sports governing bodies, leagues, and clubs around the world, including FIFA, the International Olympic Committee, Formula 1, and the NBA.

This announcement is based on a press release statement from Getty Images. For further information on Getty Images’ coverage of past and future UEFA tournaments, visit their official UEFA collection online. Investors should note that Getty Images will report its next earnings on March 12, 2025, with analysts expecting improved profitability this year. InvestingPro subscribers have access to 10 additional ProTips and extensive financial metrics to make informed investment decisions.

In other recent news, Getty Images announced its preliminary fourth-quarter revenue expectations, which are set to range between $244 million and $250 million. The company also anticipates full-year revenue to be between $936 million and $942 million, aligning with or exceeding its previous guidance. Getty Images is actively pursuing a refinancing strategy for its $1.05 billion senior secured term loan facilities, originally maturing in 2026. This move aims to amend the current credit agreement and extend the loan maturity. Recent developments also include a proposed merger with Shutterstock (NYSE:SSTK), described as a "merger of equals," with Getty Images holding a 55% ownership stake in the new entity. Benchmark analysts have maintained a Buy rating on Getty Images with a $6.00 price target, while Macquarie analysts reiterated a Neutral rating with a $3.75 price target, highlighting potential cost synergies and debt reduction post-merger. The merger is expected to finalize in the second half of 2025, with Mark Getty as Chairman and Craig Peters as CEO. These strategic moves come amidst a rapidly evolving market landscape influenced by the rise of artificial intelligence.

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