{"id":20,"date":"2026-01-03T11:04:55","date_gmt":"2026-01-03T08:04:55","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketriskustr\/?p=20"},"modified":"2026-01-03T11:04:55","modified_gmt":"2026-01-03T08:04:55","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-gety-getty-images-holdings-inc-2025-9-bilanco-analizi","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketriskustr\/20","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #GETY | Getty Images Holdings, Inc. 2025\/9 Bilan\u00e7o Analizi"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"GETY TUR BILANCO\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/eNrr794aD54?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1 class=\"paragraph heading1 ng-star-inserted\" data-start-index=\"0\"><span class=\"ng-star-inserted\" data-start-index=\"0\">Getty Images&#8217;in Finansal Raporunun Perde Arkas\u0131: Rakamlar\u0131n Anlatt\u0131\u011f\u0131 4 \u015ea\u015f\u0131rt\u0131c\u0131 Ger\u00e7ek<\/span><\/h1>\n<h2 class=\"paragraph heading3 ng-star-inserted\" data-start-index=\"88\"><b class=\"ng-star-inserted\" data-start-index=\"88\">Giri\u015f: Bilan\u00e7onun \u00d6tesinde<\/b><\/h2>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"114\"><span class=\"ng-star-inserted\" data-start-index=\"114\">\u00dc\u00e7 ayl\u0131k finansal raporlar (10-Q formlar\u0131), genellikle sadece analistlerin ve yat\u0131r\u0131mc\u0131lar\u0131n ilgisini \u00e7eken, rakamlarla dolu, kuru ve teknik belgeler olarak g\u00f6r\u00fcl\u00fcr. Ancak, Getty Images&#8217;in son raporu bu genellemenin kesinlikle d\u0131\u015f\u0131nda kal\u0131yor. Bu rapor, adeta y\u00fcksek riskli bir kurumsal draman\u0131n senaryosunu and\u0131r\u0131yor; y\u00fcz milyonlarca dolarl\u0131k hukuk sava\u015flar\u0131, sekt\u00f6r\u00fcn devlerini bir araya getiren stratejik bir birle\u015fme ve g\u00f6rsel i\u00e7erik end\u00fcstrisinin gelece\u011fini \u015fekillendirecek hamlelerle dolu. Rakamlar\u0131n aras\u0131na gizlenmi\u015f bu etkileyici hikayeleri gelin birlikte inceleyelim.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"691\"><span class=\"ng-star-inserted\" data-start-index=\"691\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/span><\/div>\n<div class=\"paragraph heading3 ng-star-inserted\" data-start-index=\"773\"><b class=\"ng-star-inserted\" data-start-index=\"773\">1. Shutterstock ile Dev Birle\u015fme: K\u00fcresel \u0130nceleme Alt\u0131ndaki Milyon Dolarl\u0131k Kumar<\/b><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"855\"><span class=\"ng-star-inserted\" data-start-index=\"855\">Getty Images, en b\u00fcy\u00fck rakibi Shutterstock ile &#8220;e\u015fitlerin birle\u015fmesi&#8221; olarak tan\u0131mlanan devasa bir birle\u015fme s\u00fcrecinin i\u00e7inde. Bu hamle, maliyeti ve belirsizli\u011fiyle dikkat \u00e7ekiyor. Sadece 2025&#8217;in ilk dokuz ay\u0131nda Getty, bu anla\u015fmayla ilgili hukuki, muhasebe ve di\u011fer do\u011frudan maliyetler i\u00e7in \u015fimdiden\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"1155\">38,3 milyon dolar<\/b><span class=\"ng-star-inserted\" data-start-index=\"1172\">\u00a0harcad\u0131.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"1181\"><span class=\"ng-star-inserted\" data-start-index=\"1181\">Ancak bu birle\u015fme hen\u00fcz garanti alt\u0131nda de\u011fil. Anla\u015fma, \u00f6nemli d\u00fczenleyici engellerle kar\u015f\u0131 kar\u015f\u0131ya. \u0130ki \u015firketin birle\u015fmesi, stok foto\u011fraf\u00e7\u0131l\u0131\u011f\u0131 pazar\u0131nda ezici bir pazar hakimiyeti yarataca\u011f\u0131 endi\u015fesiyle reg\u00fclat\u00f6rlerin dikkatini \u00e7ekmi\u015f durumda. Bu durumun m\u00fc\u015fteriler i\u00e7in fiyatlar\u0131 art\u0131rabilece\u011fi ve i\u00e7erik \u00fcreticilerinin telif oranlar\u0131n\u0131 d\u00fc\u015f\u00fcrebilece\u011fi endi\u015fesi, incelemeleri derinle\u015ftiriyor. ABD Adalet Bakanl\u0131\u011f\u0131 (DOJ), daha fazla bilgi talep ederek &#8220;\u0130kinci Talep&#8221; s\u00fcrecini ba\u015flatt\u0131. Benzer \u015fekilde, Birle\u015fik Krall\u0131k Rekabet ve Piyasalar Otoritesi (CMA) ise birle\u015fmeyi daha yo\u011fun bir &#8220;Faz 2 incelemesine&#8221; tabi tuttu. Bu durumun \u00f6nemi \u015fu: Getty Images, hen\u00fcz onaylan\u0131p onaylanmayaca\u011f\u0131 belli olmayan, y\u00fcksek riskli ve y\u00fcksek \u00f6d\u00fcll\u00fc bir hamle i\u00e7in \u015fimdiden on milyonlarca dolar harc\u0131yor.<\/span><\/div>\n<div class=\"paragraph heading3 ng-star-inserted\" data-start-index=\"1969\"><b class=\"ng-star-inserted\" data-start-index=\"1969\">2. 115 Milyon Dolarl\u0131k Net Zarar m\u0131? \u015ea\u015f\u0131rt\u0131c\u0131 Neden Sat\u0131\u015flar\u0131n D\u00fc\u015fmesi De\u011fil.<\/b><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"2047\"><span class=\"ng-star-inserted\" data-start-index=\"2047\">\u0130lk bak\u0131\u015fta en \u015fok edici rakam bu: Getty Images, 2025&#8217;in ilk dokuz ay\u0131nda\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"2121\">115,3 milyon dolar net zarar<\/b><span class=\"ng-star-inserted\" data-start-index=\"2149\">\u00a0a\u00e7\u0131klad\u0131. Bu rakam, \u015firketin 2024&#8217;\u00fcn ayn\u0131 d\u00f6neminde bildirdi\u011fi\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"2213\">14,7 milyon dolarl\u0131k net k\u00e2r<\/b><span class=\"ng-star-inserted\" data-start-index=\"2241\">\u00a0ile tam bir tezat olu\u015fturuyor. Ancak bu devasa zarar\u0131n ard\u0131ndaki neden, \u015firketin temel i\u015flerinin \u00e7\u00f6kmesi de\u011fil. Aksine, gelirleri g\u00f6rece sabit kalm\u0131\u015f.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"2392\"><span class=\"ng-star-inserted\" data-start-index=\"2392\">Peki bu zarar\u0131n kayna\u011f\u0131 ne? Rapor, as\u0131l su\u00e7lular\u0131 operasyonel olmayan fakt\u00f6rler olarak i\u015faret ediyor:<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"2493\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"2493\">78,4 milyon dolarl\u0131k devasa bir &#8220;Net kur fark\u0131 (zarar\u0131)&#8221;<\/b><span class=\"ng-star-inserted\" data-start-index=\"2549\">: Rapor, bu zarar\u0131n temel olarak \u015firketin Euro cinsinden borcunu etkileyen kur dalgalanmalar\u0131ndan kaynakland\u0131\u011f\u0131n\u0131 belirtiyor.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"2674\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><span class=\"ng-star-inserted\" data-start-index=\"2674\">Shutterstock birle\u015fmesiyle ilgili operasyonel giderlere yaz\u0131lan\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"2738\">38,3 milyon dolar<\/b><span class=\"ng-star-inserted\" data-start-index=\"2755\">.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"2756\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><span class=\"ng-star-inserted\" data-start-index=\"2756\">B\u00fcy\u00fck bor\u00e7 yeniden finansman faaliyetlerinden kaynaklanan\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"2814\">5,5 milyon dolarl\u0131k<\/b><span class=\"ng-star-inserted\" data-start-index=\"2833\">\u00a0&#8220;bor\u00e7 itfa zarar\u0131&#8221;.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"2853\"><span class=\"ng-star-inserted\" data-start-index=\"2853\">Bu durum, bir \u015firketin bilan\u00e7osunda k\u00fcresel d\u00f6viz piyasalar\u0131 ve stratejik i\u015flem maliyetleri gibi operasyonel olmayan fakt\u00f6rlerin, bazen \u015firketin g\u00fcnl\u00fck ticari faaliyetlerinden \u00e7ok daha b\u00fcy\u00fck bir etki yaratabildi\u011fini g\u00f6steren b\u00fcy\u00fcleyici bir \u00f6rnek te\u015fkil ediyor.<\/span><\/div>\n<div class=\"paragraph heading3 ng-star-inserted\" data-start-index=\"3113\"><b class=\"ng-star-inserted\" data-start-index=\"3113\">3. \u0130ki Cepheli Sava\u015f: Hem Yapay Zeka Devlerine Hem de Eski Yat\u0131r\u0131mc\u0131lar\u0131na Kar\u015f\u0131<\/b><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"3193\"><span class=\"ng-star-inserted\" data-start-index=\"3193\">Getty Images, \u015fu anda kendini iki farkl\u0131 ve maliyetli hukuk m\u00fccadelesinin ortas\u0131nda bulmu\u015f durumda.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"3292\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"3292\">Yapay Zeka Sava\u015f\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"3310\">\u00a0Getty, hem ABD&#8217;de hem de Birle\u015fik Krall\u0131k&#8217;ta yapay zeka devi Stability AI&#8217;a kar\u015f\u0131 aktif olarak dava y\u00fcr\u00fct\u00fcyor. Dava, &#8220;Stable Diffusion&#8221; yapay zeka modelini e\u011fitmek i\u00e7in yakla\u015f\u0131k 12 milyon Getty g\u00f6rselinin izinsiz kullan\u0131ld\u0131\u011f\u0131 iddias\u0131na dayan\u0131yor. Birle\u015fik Krall\u0131k&#8217;taki davada, Getty&#8217;nin hukuk ekibi duru\u015fma s\u0131ras\u0131nda birincil telif hakk\u0131 ihlali iddias\u0131n\u0131 d\u00fc\u015f\u00fcrerek marka ihlali talebine odaklanma y\u00f6n\u00fcnde stratejik bir karar ald\u0131. Bu strateji i\u015fe yarad\u0131 ve mahkeme, marka ihlali iddias\u0131n\u0131 kabul ederek Getty g\u00f6rsellerinin modeli e\u011fitmek i\u00e7in kullan\u0131ld\u0131\u011f\u0131n\u0131 onaylad\u0131. Bu dava, \u00fcretken yapay zeka \u00e7a\u011f\u0131nda i\u00e7erik olu\u015fturucular\u0131n haklar\u0131 i\u00e7in verilen d\u00f6n\u00fcm noktas\u0131 niteli\u011finde bir m\u00fccadele olarak g\u00f6r\u00fcl\u00fcyor.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"4014\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"4014\">Varant Sahipleriyle Sava\u015f:<\/b><span class=\"ng-star-inserted\" data-start-index=\"4040\">\u00a0\u015eirket, eski varant sahiplerinin a\u00e7t\u0131\u011f\u0131 maliyetli bir davayla da kar\u015f\u0131 kar\u015f\u0131ya. Getty, ilk davalarda Alta i\u00e7in 36,9 milyon dolar ve CRCM i\u00e7in 51,0 milyon dolar olmak \u00fczere faiz hari\u00e7 yakla\u015f\u0131k\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"4233\">88 milyon dolarl\u0131k<\/b><span class=\"ng-star-inserted\" data-start-index=\"4251\">\u00a0bir ilk karar\u0131 \u00e7oktan kaybetti ve bu karar\u0131 temyize g\u00f6t\u00fcrd\u00fc. Ancak sorun burada bitmiyor; \u015firket \u015fu anda\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"4357\">on d\u00f6rt<\/b><span class=\"ng-star-inserted\" data-start-index=\"4364\">\u00a0ek &#8220;Takip Davas\u0131&#8221; ile kar\u015f\u0131 kar\u015f\u0131ya. Bu durumun ciddiyetini ortaya koyan en net g\u00f6sterge ise Getty&#8217;nin bu davalar i\u00e7in\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"4484\">115,5 milyon dolar<\/b><span class=\"ng-star-inserted\" data-start-index=\"4502\">\u00a0dava kar\u015f\u0131l\u0131\u011f\u0131 ay\u0131rm\u0131\u015f olmas\u0131.<\/span><\/div>\n<div class=\"paragraph heading3 ng-star-inserted\" data-start-index=\"4533\"><b class=\"ng-star-inserted\" data-start-index=\"4533\">4. Y\u00fcksek Faizli Bir Bor\u00e7 Da\u011f\u0131n\u0131 Y\u00f6netmek<\/b><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"4574\"><span class=\"ng-star-inserted\" data-start-index=\"4574\">Getty&#8217;nin finansal y\u00fck\u00fcml\u00fcl\u00fcklerinin \u00f6l\u00e7e\u011fi olduk\u00e7a b\u00fcy\u00fck. 30 Eyl\u00fcl 2025 itibar\u0131yla, \u015firketin uzun vadeli borcu\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"4686\">1,3 milyar dolar\u0131<\/b><span class=\"ng-star-inserted\" data-start-index=\"4703\">\u00a0a\u015f\u0131yor. \u015eirket, 2025 y\u0131l\u0131nda bu borcu yeniden finanse etmek i\u00e7in b\u00fcy\u00fck bir \u00e7aba sarf etti, ancak bu finansman\u0131n maliyeti olduk\u00e7a y\u00fcksek.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"4840\"><span class=\"ng-star-inserted\" data-start-index=\"4840\">Bu bor\u00e7lanman\u0131n en \u00e7arp\u0131c\u0131 \u00f6rne\u011fi, Shutterstock birle\u015fmesini finanse etmek i\u00e7in yap\u0131lan hamle oldu. Rapor, \u00e7eyrek bittikten sonra \u015firketin\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"4979\">%10,500 faiz oran\u0131yla 628,4 milyon dolarl\u0131k<\/b><span class=\"ng-star-inserted\" data-start-index=\"5022\">\u00a0yeni K\u0131demli Teminatl\u0131 Tahvil ihra\u00e7 etti\u011fini ortaya koyuyor. Belgeler bu fonun amac\u0131n\u0131 net bir \u015fekilde belirtiyor: &#8220;birle\u015fme bedelinin nakit k\u0131sm\u0131n\u0131 finanse etmek ve Shutterstock&#8217;un mevcut borcunu kapatmak.&#8221; Bu devasa bor\u00e7lanmaya ek olarak, \u015firketin mevcut bor\u00e7lar\u0131 aras\u0131nda\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"5298\">%11,250&#8217;lik K\u0131demli Teminatl\u0131 Tahviller<\/b><span class=\"ng-star-inserted\" data-start-index=\"5337\">\u00a0ve\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"5341\">%14,000&#8217;lik K\u0131demli Teminats\u0131z Tahviller<\/b><span class=\"ng-star-inserted\" data-start-index=\"5381\">\u00a0gibi y\u00fcksek maliyetli enstr\u00fcmanlar da bulunuyor. Bu durum, \u015firketin iddial\u0131 planlar\u0131n\u0131 hayata ge\u00e7irmek i\u00e7in ne kadar b\u00fcy\u00fck bir finansal bask\u0131 alt\u0131nda oldu\u011funu ve gereken sermayeyi g\u00fcvence alt\u0131na almak ad\u0131na ne kadar b\u00fcy\u00fck bir bedel \u00f6demek zorunda oldu\u011funu ortaya koyuyor.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5653\"><span class=\"ng-star-inserted\" data-start-index=\"5653\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/span><\/div>\n<div class=\"paragraph heading3 ng-star-inserted\" data-start-index=\"5735\"><b class=\"ng-star-inserted\" data-start-index=\"5735\">Sonu\u00e7: Yol Ayr\u0131m\u0131ndaki Bir \u015eirket<\/b><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5768\"><span class=\"ng-star-inserted\" data-start-index=\"5768\">Getty Images&#8217;in son finansal raporu, devasa bir d\u00f6n\u00fc\u015f\u00fcm\u00fcn ortas\u0131nda olan bir \u015firketin portresini \u00e7iziyor. \u015eirket, ayn\u0131 anda hem end\u00fcstriyi yeniden \u015fekillendirecek dev bir birle\u015fmeyi takip ediyor, hem d\u00f6n\u00fcm noktas\u0131 niteli\u011findeki hukuk sava\u015flar\u0131n\u0131 veriyor hem de devasa finansal y\u00fck\u00fcml\u00fcl\u00fcklerini yeniden yap\u0131land\u0131r\u0131yor. T\u00fcm bu y\u00fcksek riskli hamleler devredeyken akla \u015fu soru geliyor: Getty Images, bu s\u00fcre\u00e7ten g\u00f6rsel i\u00e7eri\u011fin tart\u0131\u015fmas\u0131z kral\u0131 olarak m\u0131 \u00e7\u0131kacak, yoksa h\u0131rs\u0131n\u0131n getirdi\u011fi muazzam maliyetler ta\u015f\u0131namayacak kadar a\u011f\u0131r m\u0131 gelecek?<\/span><\/div>\n<div data-start-index=\"5768\"><\/div>\n<div data-start-index=\"5768\">\n<h1 class=\"paragraph heading1 ng-star-inserted\" data-start-index=\"0\"><span class=\"ng-star-inserted\" style=\"color: #0000ff;\" data-start-index=\"0\">Getty Images Holdings, Inc. 2025 \u00dc\u00e7\u00fcnc\u00fc \u00c7eyrek Bilgilendirme Raporu<\/span><\/h1>\n<h2 class=\"paragraph heading2 ng-star-inserted\" data-start-index=\"67\"><span class=\"ng-star-inserted\" data-start-index=\"67\">Y\u00f6netici \u00d6zeti<\/span><\/h2>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"81\"><span class=\"ng-star-inserted\" data-start-index=\"81\">Bu rapor, Getty Images Holdings, Inc.&#8217;in 30 Eyl\u00fcl 2025&#8217;te sona eren \u00fc\u00e7 ayl\u0131k d\u00f6neme ait Form 10-Q SEC dosyalamas\u0131na dayanarak \u015firketin finansal durumu, operasyonel sonu\u00e7lar\u0131 ve stratejik giri\u015fimlerine ili\u015fkin kapsaml\u0131 bir analiz sunmaktad\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"322\"><span class=\"ng-star-inserted\" data-start-index=\"322\">Temel \u00e7\u0131kar\u0131mlar \u015funlard\u0131r:<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"349\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"349\">Shutterstock ile Birle\u015fme:<\/b><span class=\"ng-star-inserted\" data-start-index=\"375\">\u00a0Getty Images, 6 Ocak 2025&#8217;te Shutterstock ile bir &#8220;e\u015fitler aras\u0131 birle\u015fme&#8221; anla\u015fmas\u0131 imzalad\u0131. Anla\u015fman\u0131n tamamlanmas\u0131n\u0131n ard\u0131ndan Getty Images hissedarlar\u0131n\u0131n birle\u015fik \u015firketin yakla\u015f\u0131k %53,5&#8217;ine, Shutterstock hissedarlar\u0131n\u0131n ise %46,5&#8217;ine sahip olmas\u0131 beklenmektedir. Birle\u015fme, ABD Adalet Bakanl\u0131\u011f\u0131 (DOJ) taraf\u0131ndan &#8220;\u0130kinci Talep&#8221; ve Birle\u015fik Krall\u0131k Rekabet ve Piyasalar Otoritesi (CMA) taraf\u0131ndan &#8220;A\u015fama 2 incelemesi&#8221; de dahil olmak \u00fczere yo\u011fun bir yasal inceleme alt\u0131ndad\u0131r. \u015eirket, bu birle\u015fmeyle ilgili olarak 2025&#8217;in \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde 9,9 milyon dolar ve y\u0131l\u0131n ilk dokuz ay\u0131nda 38,3 milyon dolar do\u011frudan maliyet kaydetmi\u015ftir.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"1010\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"1010\">Finansal Performans:<\/b><span class=\"ng-star-inserted\" data-start-index=\"1030\">\u00a0\u00dc\u00e7\u00fcnc\u00fc \u00e7eyrek geliri, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %0,2&#8217;lik hafif bir d\u00fc\u015f\u00fc\u015fle 240,0 milyon dolar olarak ger\u00e7ekle\u015fti. Bununla birlikte, \u015firket 2024&#8217;\u00fcn \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011findeki 2,5 milyon dolarl\u0131k zarara k\u0131yasla 21,6 milyon dolarl\u0131k bir net k\u00e2r bildirdi. \u0130lk dokuz ayl\u0131k d\u00f6nemde ise \u015firket, bir \u00f6nceki y\u0131lki 14,7 milyon dolarl\u0131k k\u00e2ra kar\u015f\u0131l\u0131k 115,3 milyon dolarl\u0131k net zarar a\u00e7\u0131klad\u0131. Bu zarar b\u00fcy\u00fck \u00f6l\u00e7\u00fcde d\u00f6viz kuru dalgalanmalar\u0131, bor\u00e7 geri \u00f6demesinden kaynaklanan zararlar ve birle\u015fme maliyetlerinden kaynaklanmaktad\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"1554\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"1554\">Bor\u00e7 Yap\u0131land\u0131rmas\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"1574\">\u00a0\u015eirket, 2025 y\u0131l\u0131nda \u00f6nemli bor\u00e7 yap\u0131land\u0131rma faaliyetleri ger\u00e7ekle\u015ftirmi\u015ftir. \u015eubat ay\u0131nda, 2019 Vadeli Kredilerini yeni 2025 Vadeli Krediler ile yeniden finanse etti. May\u0131s ay\u0131nda, 2025 ABD Dolar\u0131 Vadeli Kredilerinin \u00f6nemli bir k\u0131sm\u0131n\u0131 %11,250&#8217;lik K\u0131demli Teminatl\u0131 Tahviller ile takas etti. Ekim ay\u0131nda ise Shutterstock birle\u015fmesini finanse etmek amac\u0131yla 628,4 milyon dolarl\u0131k %10,500&#8217;l\u00fck K\u0131demli Teminatl\u0131 Tahvil ihra\u00e7 etti ve mevcut 2019 K\u0131demli Teminats\u0131z Tahvillerinin \u00e7o\u011funu %14,000&#8217;lik yeni tahvillerle takas etti.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"2099\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"2099\">Yasal S\u00fcre\u00e7ler:<\/b><span class=\"ng-star-inserted\" data-start-index=\"2114\">\u00a0Getty Images, eski varant sahipleri taraf\u0131ndan a\u00e7\u0131lan ve \u00f6nemli bir finansal risk olu\u015fturan \u00e7ok say\u0131da dava ile kar\u015f\u0131 kar\u015f\u0131yad\u0131r. 30 Eyl\u00fcl 2025 itibar\u0131yla, bu davalarla ilgili olarak 115,5 milyon dolarl\u0131k bir dava kar\u015f\u0131l\u0131\u011f\u0131 ve 37,2 milyon dolarl\u0131k bir sigorta tazminat\u0131 alaca\u011f\u0131 bulunmaktad\u0131r. Ayr\u0131ca \u015firket, yapay zeka modeli e\u011fitimiyle ilgili olarak Stability AI&#8217;a kar\u015f\u0131 telif hakk\u0131 ve ticari marka ihlali iddialar\u0131yla yasal m\u00fccadele vermektedir.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"2562\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"2562\">Temel Performans G\u00f6stergeleri (KPI&#8217;lar):<\/b><span class=\"ng-star-inserted\" data-start-index=\"2602\">\u00a0Son on iki ayl\u0131k (LTM) d\u00f6nemde, toplam al\u0131c\u0131 m\u00fc\u015fteri say\u0131s\u0131 %2,3 azalarak 703.000&#8217;e gerilerken, toplam aktif y\u0131ll\u0131k abone say\u0131s\u0131 %1,7 artarak 304.000&#8217;e y\u00fckselmi\u015ftir. Bu durum, \u015firketin tek seferlik al\u0131mlardan abonelik tabanl\u0131 bir modele ge\u00e7i\u015f stratejisini yans\u0131tmaktad\u0131r.<\/span><\/div>\n<div class=\"paragraph heading2 ng-star-inserted\" data-start-index=\"2874\"><span class=\"ng-star-inserted\" data-start-index=\"2874\">Shutterstock ile Birle\u015fme Anla\u015fmas\u0131<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"2909\"><span class=\"ng-star-inserted\" data-start-index=\"2909\">Getty Images, 6 Ocak 2025&#8217;te Shutterstock, Inc. ile bir Birle\u015fme Anla\u015fmas\u0131 imzalayarak sekt\u00f6rde \u00f6nemli bir birle\u015fme ad\u0131m\u0131n\u0131 atm\u0131\u015ft\u0131r.<\/span><\/div>\n<div class=\"paragraph heading3 ng-star-inserted\" data-start-index=\"3042\"><span class=\"ng-star-inserted\" data-start-index=\"3042\">Anla\u015fma Ko\u015fullar\u0131<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"3059\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"3059\">Hisse Ba\u015f\u0131na De\u011fer:<\/b><span class=\"ng-star-inserted\" data-start-index=\"3078\">\u00a0Shutterstock hissedarlar\u0131, sahip olduklar\u0131 her hisse senedi i\u00e7in, oransal da\u011f\u0131t\u0131ma tabi olmak \u00fczere, a\u015fa\u011f\u0131daki se\u00e7eneklerden birini tercih edebilecektir:<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"3232\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><span class=\"ng-star-inserted\" data-start-index=\"3232\">Nakit olarak 9,50 dolar ve 9,17 adet Getty Images hissesi.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"3290\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><span class=\"ng-star-inserted\" data-start-index=\"3290\">Sadece nakit olarak 28,8487 dolar.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"3324\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><span class=\"ng-star-inserted\" data-start-index=\"3324\">Sadece 13,67237 adet Getty Images hissesi.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"3366\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"3366\">Sahiplik Yap\u0131s\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"3382\">\u00a0\u0130\u015flemin tamamlanmas\u0131n\u0131n ard\u0131ndan, 9 Eyl\u00fcl 2025 itibar\u0131yla tedav\u00fcldeki hisse senetlerine g\u00f6re, Getty Images hissedarlar\u0131 birle\u015fik \u015firketin tam seyreltilmi\u015f bazda yakla\u015f\u0131k %53,5&#8217;ine, Shutterstock hissedarlar\u0131 ise %46,5&#8217;ine sahip olacakt\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"3620\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"3620\">\u0130lgili Maliyetler:<\/b><span class=\"ng-star-inserted\" data-start-index=\"3638\">\u00a0Getty Images, bu \u00f6nerilen birle\u015fmeyle ilgili olarak 30 Eyl\u00fcl 2025&#8217;te sona eren \u00fc\u00e7 ayl\u0131k d\u00f6nemde 9,9 milyon dolar ve dokuz ayl\u0131k d\u00f6nemde 38,3 milyon dolar yasal, muhasebe ve di\u011fer do\u011frudan maliyetleri &#8220;Di\u011fer faaliyet giderleri (gelirleri) \u2013 net&#8221; kalemi alt\u0131nda giderle\u015ftirmi\u015ftir.<\/span><\/div>\n<div class=\"paragraph heading3 ng-star-inserted\" data-start-index=\"3917\"><span class=\"ng-star-inserted\" data-start-index=\"3917\">Yasal \u0130nceleme ve S\u00fcre\u00e7<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"3940\"><span class=\"ng-star-inserted\" data-start-index=\"3940\">Birle\u015fme, birden fazla yarg\u0131 alan\u0131nda \u00f6nemli yasal incelemelere tabidir.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"4012\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"4012\">ABD Adalet Bakanl\u0131\u011f\u0131 (DOJ):<\/b><span class=\"ng-star-inserted\" data-start-index=\"4039\">\u00a02 Nisan 2025&#8217;te, hem Getty Images hem de Shutterstock, DOJ&#8217;dan HSR Yasas\u0131 kapsam\u0131nda bir &#8220;Ek Bilgi ve Belge Talebi&#8221; (&#8220;\u0130kinci Talep&#8221;) alm\u0131\u015ft\u0131r. Bu talep, yasal bekleme s\u00fcresini, taraflar talebe b\u00fcy\u00fck \u00f6l\u00e7\u00fcde uyum sa\u011flayana kadar 30 g\u00fcn uzatmaktad\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"4287\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"4287\">Birle\u015fik Krall\u0131k Rekabet ve Piyasalar Otoritesi (CMA):<\/b><span class=\"ng-star-inserted\" data-start-index=\"4341\">\u00a020 Ekim 2025&#8217;te CMA, rekabet endi\u015felerini gidermek i\u00e7in kabul edilebilir taahh\u00fctler sunulmad\u0131\u011f\u0131 takdirde birle\u015fmeyi A\u015fama 2 incelemesine y\u00f6nlendirme niyetini bildirdi. 3 Kas\u0131m 2025&#8217;te CMA, birle\u015fmeyi resmen A\u015fama 2 inceleme s\u00fcrecine sevk etti.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"4585\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"4585\">Hissedar Onay\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"4600\">\u00a010 Haziran 2025&#8217;te, Shutterstock hissedarlar\u0131 \u00d6zel Toplant\u0131da Birle\u015fme Anla\u015fmas\u0131&#8217;n\u0131n kabul edilmesi y\u00f6n\u00fcndeki teklifi onaylad\u0131.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"4728\"><span class=\"ng-star-inserted\" data-start-index=\"4728\">\u015eirket, birle\u015fmeye olan ba\u011fl\u0131l\u0131\u011f\u0131n\u0131 s\u00fcrd\u00fcrmekte ve gerekli izinleri h\u0131zla almak i\u00e7in CMA ve Shutterstock ile \u00e7al\u0131\u015fmaya devam etmektedir.<\/span><\/div>\n<div class=\"paragraph heading2 ng-star-inserted\" data-start-index=\"4864\"><span class=\"ng-star-inserted\" data-start-index=\"4864\">Finansal Performans (30 Eyl\u00fcl 2025&#8217;te Sona Eren D\u00f6nemler)<\/span><\/div>\n<div class=\"paragraph heading3 ng-star-inserted\" data-start-index=\"4921\"><span class=\"ng-star-inserted\" data-start-index=\"4921\">\u00dc\u00e7 Ayl\u0131k Sonu\u00e7lar (Q3 2025 vs. Q3 2024)<\/span><\/div>\n<table class=\"ng-star-inserted\" data-start-index=\"4960\">\n<tbody>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"4960\"><span class=\"ng-star-inserted\" data-start-index=\"4960\">Finansal Kalem<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"4974\"><span class=\"ng-star-inserted\" data-start-index=\"4974\">Q3 2025 (Bin $)<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"4989\"><span class=\"ng-star-inserted\" data-start-index=\"4989\">Q3 2024 (Bin $)<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5004\"><span class=\"ng-star-inserted\" data-start-index=\"5004\">De\u011fi\u015fim (%)<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5015\"><b class=\"ng-star-inserted\" data-start-index=\"5015\">Gelir<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5020\"><span class=\"ng-star-inserted\" data-start-index=\"5020\">240.044<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5027\"><span class=\"ng-star-inserted\" data-start-index=\"5027\">240.545<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5034\"><span class=\"ng-star-inserted\" data-start-index=\"5034\">(%0,2)<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5040\"><b class=\"ng-star-inserted\" data-start-index=\"5040\">Faaliyet Geliri<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5055\"><span class=\"ng-star-inserted\" data-start-index=\"5055\">45.114<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5061\"><span class=\"ng-star-inserted\" data-start-index=\"5061\">57.436<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5067\"><span class=\"ng-star-inserted\" data-start-index=\"5067\">(%21,5)<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5074\"><b class=\"ng-star-inserted\" data-start-index=\"5074\">Net K\u00e2r\/(Zarar)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5089\"><b class=\"ng-star-inserted\" data-start-index=\"5089\">21.618<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5095\"><b class=\"ng-star-inserted\" data-start-index=\"5095\">(2.527)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5102\"><b class=\"ng-star-inserted\" data-start-index=\"5102\">%955,5<\/b><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5108\"><b class=\"ng-star-inserted\" data-start-index=\"5108\">Hisse Ba\u015f\u0131na K\u00e2r\/(Zarar) (Seyreltilmi\u015f)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5147\"><b class=\"ng-star-inserted\" data-start-index=\"5147\">0,05 $<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5153\"><b class=\"ng-star-inserted\" data-start-index=\"5153\">(0,01 $)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5161\"><b class=\"ng-star-inserted\" data-start-index=\"5161\">%600,0<\/b><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5167\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"5167\">Gelir:<\/b><span class=\"ng-star-inserted\" data-start-index=\"5173\">\u00a0Toplam gelir neredeyse sabit kalm\u0131\u015ft\u0131r. D\u00f6viz kuru hareketleri, gelir art\u0131\u015f\u0131n\u0131 180 baz puan olumlu etkilemi\u015ftir.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5286\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"5286\">Creative (Yarat\u0131c\u0131 \u0130\u00e7erik):<\/b><span class=\"ng-star-inserted\" data-start-index=\"5313\">\u00a0Gelir %8,4 artarak 144,9 milyon dolara ula\u015ft\u0131. Bu art\u0131\u015f, \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte imzalanan ve \u00f6nemli bir k\u0131sm\u0131 pe\u015fin gelir olarak kaydedilen \u00e7ok y\u0131ll\u0131k bir anla\u015fma da dahil olmak \u00fczere Premium Access aboneliklerindeki b\u00fcy\u00fcmeden kaynakland\u0131.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5546\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"5546\">Editorial (Editoryal \u0130\u00e7erik):<\/b><span class=\"ng-star-inserted\" data-start-index=\"5575\">\u00a0Gelir %3,7 azalarak 89,3 milyon dolara d\u00fc\u015ft\u00fc. Bu d\u00fc\u015f\u00fc\u015f, bir \u00f6nceki y\u0131l ayn\u0131 d\u00f6nemde ger\u00e7ekle\u015fen UEFA Avrupa \u015eampiyonas\u0131 ve Paris Olimpiyatlar\u0131 gibi b\u00fcy\u00fck spor etkinliklerinin bu \u00e7eyrekte olmamas\u0131ndan kaynaklanmaktad\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"5794\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"5794\">Other (Di\u011fer):<\/b><span class=\"ng-star-inserted\" data-start-index=\"5808\">\u00a0Gelir %58,5 azalarak 5,8 milyon dolara geriledi. Bu d\u00fc\u015f\u00fc\u015f\u00fcn temel nedeni, bir \u00f6nceki y\u0131l ayn\u0131 d\u00f6nemde mevcut bir m\u00fc\u015fteriyle yap\u0131lan ve b\u00fcy\u00fck \u00f6l\u00e7\u00fcde pe\u015fin olarak kaydedilen geni\u015fletilmi\u015f bir veri eri\u015fim anla\u015fmas\u0131d\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6024\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"6024\">Giderler ve K\u00e2rl\u0131l\u0131k:<\/b><span class=\"ng-star-inserted\" data-start-index=\"6045\">\u00a0Faaliyet geliri, \u00f6zellikle birle\u015fme ile ilgili 9,9 milyon dolarl\u0131k maliyetler nedeniyle d\u00fc\u015fm\u00fc\u015ft\u00fcr. Bununla birlikte, bir \u00f6nceki y\u0131l kaydedilen 28,7 milyon dolarl\u0131k d\u00f6viz kuru zarar\u0131na kar\u015f\u0131l\u0131k bu \u00e7eyrekte 1,5 milyon dolarl\u0131k bir d\u00f6viz kuru kazanc\u0131 elde edilmesi, \u015firketin net zarardan net k\u00e2ra ge\u00e7mesini sa\u011flam\u0131\u015ft\u0131r.<\/span><\/div>\n<div class=\"paragraph heading3 ng-star-inserted\" data-start-index=\"6362\"><span class=\"ng-star-inserted\" data-start-index=\"6362\">Dokuz Ayl\u0131k Sonu\u00e7lar (YTD 2025 vs. YTD 2024)<\/span><\/div>\n<table class=\"ng-star-inserted\" data-start-index=\"6406\">\n<tbody>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6406\"><span class=\"ng-star-inserted\" data-start-index=\"6406\">Finansal Kalem<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6420\"><span class=\"ng-star-inserted\" data-start-index=\"6420\">YTD 2025 (Bin $)<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6436\"><span class=\"ng-star-inserted\" data-start-index=\"6436\">YTD 2024 (Bin $)<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6452\"><span class=\"ng-star-inserted\" data-start-index=\"6452\">De\u011fi\u015fim (%)<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6463\"><b class=\"ng-star-inserted\" data-start-index=\"6463\">Gelir<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6468\"><span class=\"ng-star-inserted\" data-start-index=\"6468\">699.003<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6475\"><span class=\"ng-star-inserted\" data-start-index=\"6475\">691.963<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6482\"><span class=\"ng-star-inserted\" data-start-index=\"6482\">%1,0<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6486\"><b class=\"ng-star-inserted\" data-start-index=\"6486\">Faaliyet Geliri<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6501\"><span class=\"ng-star-inserted\" data-start-index=\"6501\">108.016<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6508\"><span class=\"ng-star-inserted\" data-start-index=\"6508\">144.928<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6515\"><span class=\"ng-star-inserted\" data-start-index=\"6515\">(%25,5)<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6522\"><b class=\"ng-star-inserted\" data-start-index=\"6522\">Net K\u00e2r\/(Zarar)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6537\"><b class=\"ng-star-inserted\" data-start-index=\"6537\">(115.313)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6546\"><b class=\"ng-star-inserted\" data-start-index=\"6546\">14.749<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6552\"><b class=\"ng-star-inserted\" data-start-index=\"6552\">(%881,8)<\/b><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6560\"><b class=\"ng-star-inserted\" data-start-index=\"6560\">Hisse Ba\u015f\u0131na K\u00e2r\/(Zarar) (Seyreltilmi\u015f)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6599\"><b class=\"ng-star-inserted\" data-start-index=\"6599\">(0,28 $)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6607\"><b class=\"ng-star-inserted\" data-start-index=\"6607\">0,04 $<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6613\"><b class=\"ng-star-inserted\" data-start-index=\"6613\">(%800,0)<\/b><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6621\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"6621\">Gelir:<\/b><span class=\"ng-star-inserted\" data-start-index=\"6627\">\u00a0\u0130lk dokuz ayl\u0131k gelir, editoryal aboneliklerdeki ve yeni veri lisanslama anla\u015fmalar\u0131ndaki b\u00fcy\u00fcmenin etkisiyle %1,0 artm\u0131\u015ft\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"6753\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"6753\">Giderler ve K\u00e2rl\u0131l\u0131k:<\/b><span class=\"ng-star-inserted\" data-start-index=\"6774\">\u00a0Faaliyet geliri, birle\u015fmeyle ilgili 38,3 milyon dolarl\u0131k maliyet ve artan profesyonel hizmet \u00fccretleri nedeniyle %25,5 oran\u0131nda d\u00fc\u015fm\u00fc\u015ft\u00fcr. \u015eirket, 2019 Vadeli Kredilerinin yeniden finansman\u0131ndan kaynaklanan 5,5 milyon dolarl\u0131k bor\u00e7 geri \u00f6deme zarar\u0131 ve b\u00fcy\u00fck \u00f6l\u00e7\u00fcde Avro cinsinden bor\u00e7lardaki dalgalanmalardan kaynaklanan 78,4 milyon dolarl\u0131k d\u00f6viz kuru zarar\u0131 kaydetmi\u015ftir. Bu fakt\u00f6rler, \u015firketin ilk dokuz ayda 115,3 milyon dolar net zarar a\u00e7\u0131klamas\u0131na neden olmu\u015ftur.<\/span><\/div>\n<div class=\"paragraph heading2 ng-star-inserted\" data-start-index=\"7245\"><span class=\"ng-star-inserted\" data-start-index=\"7245\">Bor\u00e7 Yap\u0131land\u0131rmas\u0131 ve Finansman Faaliyetleri<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"7290\"><span class=\"ng-star-inserted\" data-start-index=\"7290\">Getty Images, 2025 y\u0131l\u0131nda sermaye yap\u0131s\u0131n\u0131 g\u00fc\u00e7lendirmek ve Shutterstock birle\u015fmesini kolayla\u015ft\u0131rmak i\u00e7in bir dizi karma\u015f\u0131k finansman i\u015flemi ger\u00e7ekle\u015ftirmi\u015ftir.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"7450\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"7450\">\u015eubat 2025 &#8211; Vadeli Kredi Yeniden Finansman\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"7495\">\u00a0\u015eirket, mevcut 2019 Vadeli Kredilerini geri \u00f6demek i\u00e7in toplamda 580,0 milyon dolarl\u0131k &#8220;2025 USD Vadeli Kredileri&#8221; ve 440,0 milyon Avroluk &#8220;2025 EUR Vadeli Kredileri&#8221; i\u00e7eren yeni bir kredi anla\u015fmas\u0131 yapm\u0131\u015ft\u0131r. Bu yeni kredilerin vadesi 21 \u015eubat 2030&#8217;dur.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"7750\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"7750\">May\u0131s 2025 &#8211; Bor\u00e7 Takas\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"7775\">\u00a0\u015eirket, 2025 USD Vadeli Kredilerinin 539,9 milyon dolarl\u0131k k\u0131sm\u0131n\u0131, 2030 vadeli %11,250&#8217;lik yeni K\u0131demli Teminatl\u0131 Tahviller ile takas etme se\u00e7ene\u011fini kullanm\u0131\u015ft\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"7940\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"7940\">Ekim 2025 &#8211; Birle\u015fme Finansman\u0131 ve Ek Yap\u0131land\u0131rma:<\/b><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"7991\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"7991\">Yeni Tahvil \u0130hrac\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"8010\">\u00a0\u015eirket, Shutterstock birle\u015fmesinin nakit k\u0131sm\u0131n\u0131 finanse etmek ve Shutterstock&#8217;\u0131n mevcut borcunu kapatmak amac\u0131yla 628,4 milyon dolar tutar\u0131nda, 2030 vadeli %10,500&#8217;l\u00fck K\u0131demli Teminatl\u0131 Tahvil ihra\u00e7 etmi\u015ftir. Bu fonlar, birle\u015fme tamamlanana kadar bir emanet hesab\u0131nda tutulmaktad\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"8294\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"8294\">Mevcut Tahvil Takas\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"8315\">\u00a0\u015eirket, mevcut 300 milyon dolarl\u0131k 2019 K\u0131demli Teminats\u0131z Tahvillerinin 294,7 milyon dolarl\u0131k k\u0131sm\u0131n\u0131, 2028 vadeli %14,000&#8217;l\u00fck yeni K\u0131demli Teminats\u0131z Tahviller ile takas etmi\u015ftir.<\/span><\/div>\n<div class=\"paragraph heading2 ng-star-inserted\" data-start-index=\"8497\"><span class=\"ng-star-inserted\" data-start-index=\"8497\">Yasal S\u00fcre\u00e7ler ve Y\u00fck\u00fcml\u00fcl\u00fckler<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"8528\"><span class=\"ng-star-inserted\" data-start-index=\"8528\">\u015eirket, operasyonlar\u0131n\u0131 ve finansal durumunu etkileyebilecek birka\u00e7 \u00f6nemli yasal s\u00fcre\u00e7le kar\u015f\u0131 kar\u015f\u0131yad\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"8634\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"8634\">Varant Davalar\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"8650\">\u00a0\u015eirket, eski halka a\u00e7\u0131k varant sahipleri taraf\u0131ndan a\u00e7\u0131lan on alt\u0131 dava ile kar\u015f\u0131 kar\u015f\u0131yad\u0131r. Bu davac\u0131lar, \u015firketin Varant Anla\u015fmas\u0131&#8217;n\u0131 ihlal etti\u011fini iddia etmektedirler.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"8823\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><span class=\"ng-star-inserted\" data-start-index=\"8823\">\u0130lk davalarda mahkeme, davac\u0131lar lehine yakla\u015f\u0131k 87,9 milyon dolar art\u0131 faiz tutar\u0131nda bir tazminata h\u00fckmetmi\u015ftir. \u015eirket bu karar\u0131 temyize g\u00f6t\u00fcrm\u00fc\u015ft\u00fcr.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"8975\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><span class=\"ng-star-inserted\" data-start-index=\"8975\">Takip eden davalardan birinde, mahkeme davac\u0131lar lehine 7,8 milyon dolarl\u0131k bir tazminata karar vermi\u015ftir ve \u015firket bu karar\u0131 da temyize g\u00f6t\u00fcrm\u00fc\u015ft\u00fcr.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"9124\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><span class=\"ng-star-inserted\" data-start-index=\"9124\">30 Eyl\u00fcl 2025 itibar\u0131yla \u015firket, bu davalarla ilgili olarak\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"9184\">115,5 milyon dolarl\u0131k dava kar\u015f\u0131l\u0131\u011f\u0131<\/b><span class=\"ng-star-inserted\" data-start-index=\"9220\">\u00a0ve\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"9224\">37,2 milyon dolarl\u0131k sigorta tazminat\u0131 alaca\u011f\u0131<\/b><span class=\"ng-star-inserted\" data-start-index=\"9270\">\u00a0kaydetmi\u015ftir.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"9284\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"9284\">Stability AI Davalar\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"9306\">\u00a0Getty Images, yapay zeka modeli &#8220;Stable Diffusion&#8221;u e\u011fitmek i\u00e7in web sitelerinden yakla\u015f\u0131k 12 milyon g\u00f6r\u00fcnt\u00fcy\u00fc izinsiz olarak kopyalad\u0131\u011f\u0131 iddias\u0131yla Stability AI&#8217;a kar\u015f\u0131 ABD ve Birle\u015fik Krall\u0131k&#8217;ta davalar a\u00e7m\u0131\u015ft\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"9521\"><span class=\"ng-star-inserted\">\u00a0\u00a0\u00a0\u00a0\u25e6\u00a0<\/span><span class=\"ng-star-inserted\" data-start-index=\"9521\">Birle\u015fik Krall\u0131k Y\u00fcksek Mahkemesi, 4 Kas\u0131m 2025&#8217;te, Getty Images&#8217;\u0131n telif hakk\u0131yla korunan eserlerinin Stable Diffusion&#8217;u e\u011fitmek i\u00e7in kullan\u0131ld\u0131\u011f\u0131 y\u00f6n\u00fcnde kilit bir bulguya varm\u0131\u015f ve ticari marka ihlali iddialar\u0131nda Getty Images lehine karar vermi\u015ftir.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"9774\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"9774\">Kanada Vergi Uyu\u015fmazl\u0131\u011f\u0131:<\/b><span class=\"ng-star-inserted\" data-start-index=\"9799\">\u00a0Kanada Gelir \u0130daresi (CRA), \u015firketin bir i\u015ftiraki olan iStockphoto ULC&#8217;nin 2015 vergi beyannamesiyle ilgili olarak ek vergi talep etmi\u015ftir. \u015eirket, bu talebe itiraz etmektedir ancak itiraz s\u00fcrecinin bir par\u00e7as\u0131 olarak 2025 y\u0131l\u0131nda 19,0 milyon dolara kadar bir \u00f6deme yapmas\u0131 gerekebilir. Ba\u015far\u0131s\u0131z olunmas\u0131 durumunda potansiyel maksimum y\u00fck\u00fcml\u00fcl\u00fck 27,7 milyon dolar olarak tahmin edilmektedir.<\/span><\/div>\n<div class=\"paragraph heading2 ng-star-inserted\" data-start-index=\"10192\"><span class=\"ng-star-inserted\" data-start-index=\"10192\">Temel Performans G\u00f6stergeleri (KPI&#8217;lar)<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10231\"><span class=\"ng-star-inserted\" data-start-index=\"10231\">A\u015fa\u011f\u0131daki tablo, 30 Eyl\u00fcl 2025&#8217;te sona eren son on iki ayl\u0131k (LTM) d\u00f6nem i\u00e7in temel performans g\u00f6stergelerini bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemiyle kar\u015f\u0131la\u015ft\u0131rmal\u0131 olarak sunmaktad\u0131r.<\/span><\/div>\n<table class=\"ng-star-inserted\" data-start-index=\"10408\">\n<tbody>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10408\"><span class=\"ng-star-inserted\" data-start-index=\"10408\">G\u00f6sterge<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10416\"><span class=\"ng-star-inserted\" data-start-index=\"10416\">LTM 30 Eyl\u00fcl 2025<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10433\"><span class=\"ng-star-inserted\" data-start-index=\"10433\">LTM 30 Eyl\u00fcl 2024<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10450\"><span class=\"ng-star-inserted\" data-start-index=\"10450\">De\u011fi\u015fim<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10457\"><b class=\"ng-star-inserted\" data-start-index=\"10457\">Toplam Al\u0131c\u0131 M\u00fc\u015fteri (bin)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10483\"><span class=\"ng-star-inserted\" data-start-index=\"10483\">703<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10486\"><span class=\"ng-star-inserted\" data-start-index=\"10486\">719<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10489\"><span class=\"ng-star-inserted\" data-start-index=\"10489\">(%2,3)<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10495\"><b class=\"ng-star-inserted\" data-start-index=\"10495\">Toplam Aktif Y\u0131ll\u0131k Abone (bin)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10526\"><span class=\"ng-star-inserted\" data-start-index=\"10526\">304<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10529\"><span class=\"ng-star-inserted\" data-start-index=\"10529\">298<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10532\"><span class=\"ng-star-inserted\" data-start-index=\"10532\">%1,7<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10536\"><b class=\"ng-star-inserted\" data-start-index=\"10536\">Y\u0131ll\u0131k Abone Gelir Koruma Oran\u0131<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10567\"><span class=\"ng-star-inserted\" data-start-index=\"10567\">%90,3<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10572\"><span class=\"ng-star-inserted\" data-start-index=\"10572\">%92,2<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10577\"><span class=\"ng-star-inserted\" data-start-index=\"10577\">-190 bps<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10585\"><b class=\"ng-star-inserted\" data-start-index=\"10585\">\u00dccretli \u0130ndirme Hacmi (milyon)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10615\"><span class=\"ng-star-inserted\" data-start-index=\"10615\">93<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10617\"><span class=\"ng-star-inserted\" data-start-index=\"10617\">94<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10619\"><span class=\"ng-star-inserted\" data-start-index=\"10619\">(%1,3)<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10625\"><b class=\"ng-star-inserted\" data-start-index=\"10625\">G\u00f6rsel Koleksiyonu (milyon)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10652\"><span class=\"ng-star-inserted\" data-start-index=\"10652\">600<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10655\"><span class=\"ng-star-inserted\" data-start-index=\"10655\">563<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10658\"><span class=\"ng-star-inserted\" data-start-index=\"10658\">%6,7<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10662\"><b class=\"ng-star-inserted\" data-start-index=\"10662\">Video Koleksiyonu (milyon)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10688\"><span class=\"ng-star-inserted\" data-start-index=\"10688\">35<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10690\"><span class=\"ng-star-inserted\" data-start-index=\"10690\">31<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10692\"><span class=\"ng-star-inserted\" data-start-index=\"10692\">%13,2<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10697\"><b class=\"ng-star-inserted\" data-start-index=\"10697\">Video Ekleme Oran\u0131<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10715\"><span class=\"ng-star-inserted\" data-start-index=\"10715\">%16,4<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10720\"><span class=\"ng-star-inserted\" data-start-index=\"10720\">%16,4<\/span><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10725\"><span class=\"ng-star-inserted\" data-start-index=\"10725\">0 bps<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10730\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"10730\">M\u00fc\u015fteri ve Abone E\u011filimleri:<\/b><span class=\"ng-star-inserted\" data-start-index=\"10758\">\u00a0Toplam al\u0131c\u0131 m\u00fc\u015fteri say\u0131s\u0131ndaki d\u00fc\u015f\u00fc\u015f, m\u00fc\u015fterilerin tek seferlik al\u0131mlardan (ALC) y\u0131ll\u0131k aboneliklere ge\u00e7i\u015fini yans\u0131tmaktad\u0131r. Aktif y\u0131ll\u0131k abone say\u0131s\u0131ndaki art\u0131\u015f bu stratejik y\u00f6nelimi do\u011frulamaktad\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"10962\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"10962\">Gelir Koruma:<\/b><span class=\"ng-star-inserted\" data-start-index=\"10975\">\u00a0Y\u0131ll\u0131k abone gelir koruma oran\u0131ndaki d\u00fc\u015f\u00fc\u015f, b\u00fcy\u00fck \u00f6l\u00e7\u00fcde \u00f6nceki y\u0131l ger\u00e7ekle\u015fen siyasi ve spor etkinliklerine ba\u011fl\u0131 y\u00fcksek harcamalar\u0131n bu y\u0131l tekrarlanmamas\u0131ndan kaynaklanmaktad\u0131r.<\/span><\/div>\n<div class=\"paragraph normal ng-star-inserted\" data-start-index=\"11157\"><span class=\"ng-star-inserted\">\u2022\u00a0<\/span><b class=\"ng-star-inserted\" data-start-index=\"11157\">\u0130\u00e7erik B\u00fcy\u00fcmesi:<\/b><span class=\"ng-star-inserted\" data-start-index=\"11173\">\u00a0Hem g\u00f6rsel hem de video koleksiyonlar\u0131, \u015firketin m\u00fc\u015fterilerinin geli\u015fen ihtiya\u00e7lar\u0131n\u0131 kar\u015f\u0131lamak i\u00e7in i\u00e7erik k\u00fct\u00fcphanesini geni\u015fletmeye devam etti\u011fini g\u00f6stermektedir.<\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Getty Images&#8217;in Finansal Raporunun Perde Arkas\u0131: Rakamlar\u0131n Anlatt\u0131\u011f\u0131 4 \u015ea\u015f\u0131rt\u0131c\u0131 Ger\u00e7ek Giri\u015f: Bilan\u00e7onun \u00d6tesinde \u00dc\u00e7 ayl\u0131k finansal raporlar (10-Q formlar\u0131), genellikle sadece analistlerin ve yat\u0131r\u0131mc\u0131lar\u0131n ilgisini \u00e7eken, rakamlarla dolu, kuru ve teknik belgeler olarak g\u00f6r\u00fcl\u00fcr. Ancak, Getty Images&#8217;in son raporu&#8230; <\/p>\n","protected":false},"author":1,"featured_media":21,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[5],"class_list":["post-20","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-gety"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts\/20","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/comments?post=20"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts\/20\/revisions"}],"predecessor-version":[{"id":22,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts\/20\/revisions\/22"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/media\/21"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/media?parent=20"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/categories?post=20"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/tags?post=20"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}