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saturnales
02-02-2010, 13:30
The famous Magnum Agency (Cartier-Bresson, Capa, Koudelka, Parr, Towell, Arnold, etc) is sold. Billionnaire Michael Dell bought the agency for over $ Million.

Read this:

http://www.bloomberg.com/apps/news?pid=20601088&sid=aT3azruCPKhc
coelacanth
02-02-2010, 13:35
"Dell Buys Magnum Photo Print Archive Valued Over $100 Million"

I don' think this means "Magnum is sold."
Ewoud
02-02-2010, 13:35
the topic reads that Dell buys the archive not the Agency itself. Or am I wrong?
Ewoud
02-02-2010, 13:42
Or rather a part of the archive..
MartinP
02-02-2010, 13:44
They actually just bought a few press-prints .... ok, really quite a few (umpteen tens of thousands), but not the rights to images, nor the agency itself nor future work etc etc.

For a minimum of five years the archive will be open for research purposes and the prints will be digitised too.

The funds raised by selling the paper archive are intended to give a more flexible project-orientated near-future to the agency, according to the links and info posted earlier today in this forum by Bill Pierce.
Florian1234
02-02-2010, 13:44
They "only" bought the whole archive of the press prints which were used up to the 1990's to sell the photos. They brought it to Texas for making it public to exhibitions and for researchers. No rights or negatives or whatever were sold - prints only.
drewbarb
02-02-2010, 13:48
"Magnum sold!"

Umm...No.
Benjamin
02-02-2010, 14:12
Fortunately, Magnum can't just be bought. It's worth a bit more than just money, at least to some.

Myself included.
peter_n
02-02-2010, 14:34
The header on the article says "Dell Buys Magnum Photo Print Archive" not "Dell Buys Magnum". That should be simple enough to work out.
peter_n
02-02-2010, 14:52
More in this thread (http://www.rangefinderforum.com/forums/showthread.php?threadid=85613) earlier today.
filmfan
02-02-2010, 15:13
...I was worried there for a minute.
buzzardkid
02-02-2010, 15:30
...I was worried there for a minute.

OT: It says on the front page FILMFAN cannot be reached, but here he is, online and well...


Me confused.


:p
migtex
02-20-2010, 05:28
Unfortunately Gamma (http://www.gamma-press.com) did not had the same fortune...
emraphoto
02-20-2010, 05:32
gamma has been gone for a while now. bankrupt in July of 2009.

too bad as some BIG names and talented photographers. Depardon, Salgado.

a real star of an agency... real shame.