Neil Burgess, former head of Magnum, declares the death of photojournalism

“I believe we owe it to our children to tell them that the profession of ‘photojournalist’ no longer exists. There are thousands of the poor bastards, creating massive debt for themselves hoping to graduate and get a job which no-one is prepared to pay for anymore. […] I’m stepping forward and calling it. “Photojournalism: time of death 11.12. GMT 1st August 2010.”