Each year upon returning from the Visa pour l’Image photojournalism festival in Perpignan, American photo editors and photographers can be heard talking about hosting their own festival on this side of the pond. This year the talk is no different, but for once this is no idle chatter.

After the jump, we’ll divulge the latest on plans to produce an American photojournalism festival, we’ll reveal the mystery of who took the Pitt/Jolie baby photos, and try to wrap our heads around the latest moves at Corbis.