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.
Few photographers are comfortable asking for donations to support their projects. Fundraising expert Dianne Debicella, program director at Community Partners in LA (and formerly senior program director at Fractured Atlas), reminds artists that they’re not begging. She explains why confidence is so important when asking potential donors for money: “You have to frame [the pitch]... More ›
Los Angeles photographer Travis Shinn spent a decade—“too long,” he says—as an assistant. “Get in, learn what you can and get out. Or you start getting bitter.” Here’s a quick test to help you figure out if it’s time to strike out on your own as a photographer: 1. Have you been assisting 5 years?... More ›
A photographer reached out to PDN last week with details of a fake assignment scam that nearly cost him $4100. A person pretending to be an editor for The Fader, Patrick McDermott, contacted the photographer in late December with an offer of an assignment to shoot a fashion editorial for the magazine. He accepted and... More ›