We recently reported that Sports Illustrated let go of it’s six remaining staff photographers. It was a sad day for the photography industry, as we saw yet another major publication give way to budget cuts–seems like the photographers are always first on the chopping block.
The company, which is currently undergoing many cost saving measures, seems to be hoping to gain back some momentum after all the bad press it received after news spread of them cutting the staff photographers. They’re making a major marketing push in regards to their popular Swimsuit Edition, which remains to be the publication’s bread and butter with reports valuing it at $1 billion. [Read more...]