Magnum Photos photographers have borne witness to important events of the last 75 years since the first photographic cooperative was founded in 1947 in Paris by Robert Capa, Henri Cartier-Bresson, George Rodger, and David “Chim” Seymour.
Shutterstock has today announced the acquisition of Splash News, with 27 million videos and images being added to the photo library's archive.
World Entertainment News Network (WENN) has announced that it will cease current operations and dissolve as a business entity, blaming the pandemic and social media for its demise. It plans to relaunch as the newly-named Meta Images later this month.
Getty has announced that it will become a publicly-traded company. The company is valued at $4.8 billion and plans to list itself on the New York Stock Exchange (NYSE) under the symbol "GETY."
Splash News & Picture Agency, a prominent paparazzi group, has filed for Chapter 11 bankruptcy stating that the global pandemic that has kept celebrities indoors is partially to blame, but also fighting a privacy lawsuit by Meghan Markle has caused the group to default on a nearly $1M loan.
David Alan Harvey, who has been at the center of controversy around images he took in 1989 which may or may not feature underage sex workers, has announced that he has resigned as a Magnum Photos photographer. Magnum had previously suspended Harvey for one year while it investigated a "confidential complaint."
Earlier this year, the Magnum Photos agency suspended prominent photojournalist David Alan Harvey indefinitely pending an investigation into a historical allegation. Today that suspension was made punitive and given the timeline of one year.
In a shocking photo industry development, the renowned Magnum Photos agency has officially suspended prominent photojournalist David Alan Harvey while it investigates "a confidential complaint" that claims Harvey harassed a female colleague.
Earlier today, Magnum Photos announced that it would be conducting a thorough internal review of its entire archive. The decision comes one week after a series of photos from 1989 depicting teenage sex workers were unearthed in the archive, raising concerns about how they were captured and the legality of licensing such imagery.
Getty Images, one of the largest stock photo agencies in the world and the official photo agency of the International Olympic Committee, is preparing for Rio by embracing the role of virtual reality in photography's future.
Tough news coming out of France this week: Sipa Press, the country's leading photo agency, has filed for bankruptcy protection. Michel Puech of the Le Journal de la Photographie reports that the filing came on November 22nd, and can lead to two possible outcomes: reorganization or liquidation.
Corbis, one of the largest photo agencies in the world, has agreed to acquire Demotix, a crowd-sourced citizen journalism photo agency that was founded in 2008. Corbis had already picked up a piece of the young agency through an investment last year, but now it has decided to purchase the whole company outright. The acquisition price was not disclosed.