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Getty Images launches US bankruptcy proceedings

30 outlets · 32 articles · Greek title: Η Getty Images κινεί διαδικασία πτώχευσης στις ΗΠΑ

What happened

What the sources report

Getty Images announced on Wednesday (21/10) that it has filed with the competent court in Delaware, under Chapter 11 of US legislation. Athens Voice

It is a pre-agreed restructuring, with the support of key creditors and investors, based on an agreement of 12 October. Athens Voice

The plan includes an equity investment of up to 533 million dollars from members of the Getty family and affiliated entities of Koch Equity Development. Navtemporiki

Creditors agreed to write off 270 million dollars of debt. Navtemporiki

Once the process is completed, the Getty family and KED will hold 100% of the company's capital. Politic.gr

Where they differ

HuffPost Greece writes that Getty Images declared bankruptcy before a New York court, while Athens Voice reports that it filed with the competent court in Delaware. Athens Voice HuffPost Greece

Machine-translated by AI (Claude) from our Greek summary, which AI wrote from the outlets’ articles and which a person checks by sampling. It may contain errors; check the sources.

How each side headlined it

Each outlet’s first headline, grouped by its published political lean. Headlines are the outlets’ own, in Greek.

Left 3
Centre 5
Right 9