Getty Images Is Running Tight on Cash

Getty Images Inc. burned through a third of its cash in the last three months of 2014 as declining earnings limit the Carlyle Group LP-controlled photo archiver’s ability to invest and curb its access to credit, according to two people with knowledge of the company’s finances.

Getty, which doesn’t publish its financials, told holders of its $2.46 billion of debt this week that it depleted a third of its cash during the last three months of 2014, leaving it with $27 million, said the people, who asked not to be identified because they weren’t authorized to speak about the private report. It had almost $41 million three months earlier.