Hachette USA is selling [1] Premiere Magazine. Don’t want to brag about it and write “see, I told you so” because it is always a sad thing when a magazine closes or is sold. [2] Premiere magazine was the number one source for celebrity portrait photographers, as they would should shoot for the magazine and then license the images elsewhere. It is a blow to agencies like CPI, Corbis Outline and the Exclusive division of Getty. New owners, if they find a buyer, will mean new photo editor, probably smaller budget and less expensive shoots. But then, how can a movie magazine survive when there are numerous websites and blogs about the movie industry ?
Apparently Lagardere, who owns Hachette, is cutting the dead branches to make the bride more beautiful.
In a related story, the world oldest living newspaper will only be available online. According to the [3] New York Times and AP, Swedish newspaper Post och Inrikes Tidningar will also reduce its staff to one (1). This is only the beginning. Rumors are that French newspaper, [4] Liberation, who relies heavily on photography, plans on doing the same thing. It will not surprise me, as I wrote in a earlier entry, that this trend will expand to all newspapers worldwide.

Editorial photographers should adapt their photography now, if they want to survive this evolution.