While Some Employees Have To Face The Music, Getty Images Has $300 Million In Cash For Acquisitions

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and Wall Street will be happy about , . From the other side of the street, Robert MacMillan/Reuters reports on the in NYC, Nov. 27 - Dec.

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this year as they cope with upheaval in their industries, and Companies that run TV networks, film studios, music labels and groups, experts and executives told the Reuters Media Summit in New It's hard for me to imagine there hasn't been a sector in this space that hasn't either been looked at or will be looked at, said David Sanderson, head of the global media practice at Bain Co. Several factors are driving the speculation. On one level, changes in the way people get their news and entertainment are buffeting traditional media businesses.

Upstarts like YouTube and MySpace are forcing the old guard to seek out ways to remain relevant to the young and tech-savvy. I've heard so many executives of the companies I cover say 'I'm going to buy the next YouTube,' said Merrill Lynch analyst Jessica Reif Cohen. I think there's going to be massive experimentation, and I think it's going to be a very, very, very active deal market.

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In the professional photography business, Jonathan Klein, co-founder of Inc., saw further consolidation. We have $300 million in cash, Klein said.

I have found no better way to get a return on our cash, especially in a low-interest rate environment, than in acquiring businesses. Just as a rough comparison and to get a projection, take into account the amount of money of the of one of the other publicly traded company, (not only ), on or .