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Collector John Rogers has bought the Chicago Sun-Times photo archives to save them for the public.
via Chicago Reader: http://www.chicagoreader.com/TheBlog/archives/2010/05/06/the-sun-times-preserves-its-photo-archive-by-selling-it
Sun-Times publisher John Barron told me that last December his paper sold its archive of more than a million photos and negatives to Rogers for a “sizable cash payment.” Neither he nor Rogers will be precise, but Rogers said it ran to seven figures. The Sun-Times retains “all the intellectual property, all the copyrights,” Barron said. What’s more, Rogers is obliged to re-create the “entire library in digital searchable form,” and make it accessible to the Sun-Times.