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October 26, 2013 01:37 am GMT

Pinterest Inks Deal With Getty Images, Will Pay A Fee For The Photo Agency's Metadata

gettyWith a fresh $225 million in its pocket, Pinterest is gearing up to spend a little of it. The company today is announcing a deal with Getty Images -- the image agency that holds digital rights to some 80 million still images and illustrations and over 50,000 hours of stock film footage -- which will see the photo agency provide Pinterest with metadata for Getty photos that get used on Pinterest's image-sharing platform. In exchange, Pinterest will pay Getty a fee for that metadata as it starts to get added in the coming weeks.

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