Online pics take toll on Getty

Image supplier is up for sale after struggling to compete with rise of consumer technology

Getty has taken a hit from ubiquitous camera phones

Digital picture supplier Getty Images is up for sale following a share price plunge caused by competition from camera phones and online picture sharing.

Investment bank Goldman Sachs is managing Getty's sale, which has piqued the interest of a number of private equity firms willing to pay around £771m for the business.

The news follow Getty's aborted merger talks with news group Jupitermedia, last year.