UPDATED: SmugMug snaps up Flickr, promises 'the future is bright'

Photo-sharing site Flickr has been acquired by photo hosting service SmugMug. According to USA Today, SmugMug CEO Don MacAskill is committed to 'breathing new life' into the once market-leading service, and will maintain it as, "a standalone community of amateur and professional photographers."

One of the most important and popular services of the digital photography boom of the mid 2000s, Flickr was acquired by Yahoo more than a decade ago, but in recent years the site has been in decline...

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