Carlyle Group to Pay $3.3 Billion for Getty Images

Time flies when you’re having fun with photos. It was four years ago that Hellman & Friedman acquired Getty Images—the world’s largest distributor of stock photos, video, and other digital content—in a take-private deal valued at $2.4 billion. Since the deal closed, Getty Images has expanded its photographer grant program, partnered with Flickr on an imagery collection, launched a site devoted to stock photo rights, and tussled in court with a maker of car air fresheners.

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