"Photographers in the Group M35 documentary agency were fed up with unpaid bills, missing prints and failed plans. It was time to storm the castle. On the morning of May 18, 2007, five photographers, along with the agency's main investor and a friend, rode an elevator to the fifth-floor Manhattan apartment of Group M35's founder and managing director, Charles Clark. Clark made them wait in the hallway, according to several people who were there. From inside the apartment [...] Clark handed the photographers their prints through a crack in the door. [...] Group M35's collapse is a cautionary tale for anyone involved in a small photo business. A sense that money was secondary, with agreements made on a handshake, left the start-up agency vulnerable." (story)
Comments (1)
This is a sad story. Us photographers tend to be a passionate bunch who will put aside the reality of business matters just for the possibility do good work and get it shown. It's too bad that there we are so trusting of people who we know nothing about but can talk a good line. We shouldn't allow our passions to make us vulnerable, and I assume the group of photographers and the investor involved in this lovely little scheme will never make this mistake again. I say, never trust a man who wears dark glasses indoors.
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November 4, 2007 12:34 PM
Posted on November 4, 2007 12:34