i know a wedding photo company that sells a flat rate wedding package and they will give you a cd every photo they shoot. now they are all jpg images, (thus not very modifiable) and every one is flawed - dust, need of extensive cropping, poor composition! they make there money when you order prints because the require extensive photoshopping...

i imagine 50 years ago there were an analog equivalent. though they might have taken a bit more care, they probably were the low end photog of the day!