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The deal is designed to help Magnum grow in an ever-changing digital landscape
via Time: http://time.com/4815139/magnum-photos-agency-investment/
The investment—the exact amount of which is undisclosed—comes from Nicole Junkermann and Jörg Mohaupt, two media experts who have financed over the years various technology ventures. The pair will join the board of what will be named Magnum Global Ventures, alongside Magnum CEO David Kogan and four members of the agency.