Magnum sold!

[saturnales]

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]

"Dell Buys Magnum Photo Print Archive Valued Over $100 Million"

I don' think this means "Magnum is sold."

 

[Ewoud]

the topic reads that Dell buys the archive not the Agency itself. Or am I wrong?

 

[Ewoud]

Or rather a part of the archive..

 

[MartinP]

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]

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]

"Magnum sold!"

Umm...No.

 

[Benjamin]

Fortunately, Magnum can't just be bought. It's worth a bit more than just money, at least to some.

Myself included.

 

[peter_n]

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]

More in this thread earlier today.

 

[filmfan]

...I was worried there for a minute.

 

[johannielscom]

...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.


😛

 

[migtex]

Unfortunately Gamma did not had the same fortune...

 

[emraphoto]

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.