UPDATE!
Today (9/11/2008) Allen Murabayashi of Photoshelter announced that they are shutting down the stock photo agency part of the company, known as the Photoshelter Collection.
I had high hopes for the PSC, they were so very innovative and seemed to truly have the potential to change the industry. It felt like they could be a David to Getty's Goliath... seems as they may have bitten off more than they could chew.
The annoucement was made via email to contributors and on the Photoshelter blog
Very sad news...
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