- Getty Images could sell WireImage to Reuters for more than $300M:
One insider tells us that the deal makes sense - on paper, at least - because Reuters has no "entertainment" photography division, which has become a "major part of moneymaking" in photojournalism.
According to our source, if Getty can sell WireImage for "north of $300 \[million\], it won't matter " that Reuters could become a potential competitor in the entertainment photography market.
Our insider says that if the two sides see eye to eye - or lens to lens? - the sale of WireImage could be announced in the next two weeks.