A French court has decided to put Sipa Press under bankruptcy protection while the photo agency searches for a new owner, according to a report today in Le Journal de la Photographie.
Sipa Press, which was founded in 1973 and has been the French distributor for AP, Rex Features and other international agencies, faced the possibility of a court order to liquidate its assets after it declared bankruptcy in late November. The legendary photo agency was forced to file bankruptcy after its parent company–DAPD, a German media company–ran out of money and declared bankruptcy on October 2 in Berlin.
Two other French-based subsidiaries of DAPD that declared bankruptcy with Sipa Press have been forced to liquidate, Le Journal de la Photographie reports. More details are available on their web site.
Terms of service. Unless you’re a masochist or a lawyer (but I repeat myself), you’ve probably never read them. Most of us impatiently click “accept” on our way to signing up for whatever it is we want to divulge our personal information to want to use. In the case of photo-oriented services like Instagram, accepting... More ›
Robyn Cohn, a New York-based CPA who has provided bookkeeping and tax services to photographers for more than a decade, offers advice that PDN readers can act on right now to minimize taxes on their 2016 income—and manage their finances better in the future. PDN: What would you advise photographers to do before the end... More ›
In 2013, Robert Herman self-published The New Yorkers, a book of mostly 1970s and ‘80s street photos that is now on its third printing. In a seminar at PhotoPlus Expo last week, Herman described the steps he took to turn his archive of thousands of images into a successful photo book, from designing and printing... More ›