Gamma (agency)
Encyclopedia
Gamma is a French photo agency, founded in 1966 by Raymond Depardon
Raymond Depardon
Raymond Depardon is a French photographer, photojournalist and documentary filmmaker.-Photographer:...

, Hubert Henrotte, Hugues Vassal and Léonard de Raemy. Gilles Caron
Gilles Caron
Gilles Caron was a French photographer and photojournalist.-Biography:Gilles Caron was born in Neuilly-sur-Seine, Hauts-de-Seine, France, of a Scottish mother and a French father, Edouard Caron, an insurance company manager. After the divorce of his parents in 1946, Caron spent 7 years in a...

 joined the agency shortly after its foundation. Gamma became a prestigious photojournalism
Photojournalism
Photojournalism is a particular form of journalism that creates images in order to tell a news story. It is now usually understood to refer only to still images, but in some cases the term also refers to video used in broadcast journalism...

 agency: photographers who have worked at Gamma include William Karel
William Karel
William Karel is a French film director and author. He is known for his historical and political documentaries.- Biography :After studying in Paris, Karel emigrated to Israel where he lived for about 10 years in a kibbutz...

, Georges Merillon, Françoise Demulder
Françoise Demulder
thumb|300px|right|Award winning photo taken by Françoise Demulder during the [[Karantina massacre]].Françoise Demulder was a French war photographer who in 1976 became the first woman to win the prestigious World Press Photo of the Year award...

 and Emanuele Scorcelletti.

In 1999, the agency was bought by Hachette Filipacchi photo group (GHFP), a division of Hachette Filipacchi Médias
Hachette Filipacchi Médias
Hachette Filipacchi Médias, S.A. is a magazine publisher. It is a wholly owned subsidiary of Lagardère Media of France.- History :Hachette Filipacchi was founded by Louis Hachette in 1826 when he purchased the Librarie Brédif. Hachette was purchased by Matra in 1980, a firm associated with Ténot &...

,. Their name changed to the Eyedea group in March 2007, amidst reports that the agency was in financial distress. It was sold again in 2007 to Green Recovery, an investment fund that buys distressed companies. On 28 July 2009, the parent company
Parent company
A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...

 sought protection from creditors
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....

 after making a loss of €3 million euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

. In April 2010, the commercial court in Paris ruled that François Lochon
François Lochon
François Lochon is a French photojournalist. He started his career at the Gamma agency in 1974. He has written reports from 140 different countries....

, former general director of Gamma Agency, would buy the Eyedea group for 100,000 euro.

See also

  • Magnum Photos
    Magnum Photos
    Magnum Photos is an international photographic cooperative owned by its photographer-members, with offices located in New York, Paris, London and Tokyo...

  • VII Photo Agency
    VII Photo Agency
    VII is a photo agency representing 30+ photojournalists, known for its focus on conflict photography. This collective employs a three tier system: members, non-members and mentorees, titles which reflect the level of service and commitment provided by the company to the photographers.VII derives...

  • Associated Press
    Associated Press
    The Associated Press is an American news agency. The AP is a cooperative owned by its contributing newspapers, radio and television stations in the United States, which both contribute stories to the AP and use material written by its staff journalists...

  • ZUMA Press
    Zuma Press
    ZUMA Press is one of the world's largest independent press agencies and wire services. It was founded in 1993 by photojournalist Scott McKiernan, with a global staff of over 50, covering over 100 news, sports, and entertainment events worldwide....

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