Cheers, photography nerds! Life magazine, your grandma's favorite childhood mag, shuttered in 2007, is returning! Except this time it's not going to be a magazine, it's going to be an Internet destination. And instead of publishing anything, it's going to be a service in direct competition with many other services.

Oh how the digital age changes people.

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Like she did with her divorce from Donald Trump, Ivana Trump knows not to leave any business opportunity unexplored. So when she wed singer Rossano Rubicondi over the weekend at her ex-husband's Mar-a-Lago estate in Palm Beach, she also cashed in — selling her wedding pictures to Getty Images for a whopping $600,000. How the photo giant will break even on the deal, let alone turn a profit, confounds us (is Ivana demand that much higher than we've guessed?). But it's the behind-the-behind-the-scenes deal that's more telling: Rubicondi demanded to get half of that fee in his name. Not that Ivana let that happen, exactly.

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At a 55 percent premium, Getty Images is selling itself to, what else?, a private equity firm. Hellman & Friedman is picking up the world's largest photo agency for $2.4 billion after Getty ran into earlier credit-related trouble trying to unload itself. Now who's gonna rush to be first in line to buy Bill Gates' Corbis? [Dealbook]

GETTY THIS Getty Images is on the auction block and could for $1.5 billion plus. People like their visuals. [NYT]