PDN has more on Digital Railroad closing down.
“Last year, Digital Railroad boasted 1,300 individual photographers and 65 agencies as clients. Among them are editorial agencies like the UPI Newspictures archive, Redux Stock, Noor and VII Photo. Not all of the clients rely on Digital Railroad exclusively, but some do….
…On October 15, Digital Railroad laid off several staff and announced that it was seeking new backers. CEO Charles Mauzy and other executives were laid off and a firm called Diablo Management Group, which specializes in restructuring and liquidating troubled companies, took over.”
The rest of the story can be found here
