Getty Images Holdings, Inc. (NYSE:GETY) Q2 2023 Earnings Call Transcript

So, we need to basically continue to execute on the sales front. And I think it’s one where we don’t control the external environment. We can’t really solve for a writers’ strike or an actors’ strike, but we can go in and up our game. On the agency front, I don’t think it’s just in technology spend. So, I think what we’ve seen with a lot of the agencies is that they’ve been doing okay top line revenue, but they’re seeing a lot more growth from the media side of the business, although they’ve been seeing pullback on the tech media side of things. But they’re seeing growth in PR and data and consulting and events and ad tech. And they’re not really seeing growth in the creative side of their businesses, which is where our product really plays in.

And that’s why I think we’re seeing volume really come off in that segment relative to what they’re experiencing in the marketplace. So hopefully, that gives you the color on the agency side of things.

Operator: And this does conclude the — ladies and gentlemen, we have reached the end of the question-and-answer session. And this also concludes today’s conference, and you may disconnect your lines at this time. Thank you for your participation.

Craig Peters: Thanks, everybody.