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dinsdag, juli 28, 2009

France's Gamma Photo Agency on Brink Of Collapse

French photo agency Gamma, which rose to fame documenting the May 1968 uprising in Paris and the Vietnam War, said Tuesday its survival was in doubt, the latest victim of a crisis hurting traditional media.

Founded in 1966, Gamma spearheaded a golden generation of French photo-journalists, whose prize-winning images of world events were showcased on the front pages of influential magazine Paris Match and newspapers around the globe.

The managers of Eyedea, a bigger photo publishing group which now owns Gamma, told staff Tuesday that the loss-making division could no longer pay its bills. Other units, like the one producing celebrity photographs, are still profitable.

Bron: Reuters.

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