Crowdsourcing Paparazzi
Source: Flickr SF-based private equity firm Hellman and Friedman snapped up Getty Images this week to the tune of $2.4 billion. This is after Getty spent years shuttering every independent photo agency in its sights. The Hellman and Friedman folks are a pretty shrewd bunch. I witnessed this first-hand when they privatized my former agency, then flipped it for a big time profit. But will their investment in Getty prove as fortuitous? Back in the day, the photo agency business flourished as magazines everywh
More: continued here
Tags: Business, Getty Images, Photography