A portable photography studio includes a carrier for transporting the components of the photography studio. The carrier is made up of a number of panels, several of which are detachable from the other panels. The main components of the photography studio include a pair of reflectors and three light diffusing screens, each of which has an edge attached to one of the panels of the carrier. When in use, the carrier panels may be detached and moved away from one another, allowing for the reflectors and screens to be pivoted about their attached edges and assembled in their proper positions for photographing objects. A background may also be attached to one of the panels and contained within the carrier. When the photographing is completed, the background, screens and reflectors may be pivoted back to their original positions and the carrier panels reassembled to form an enclosure holding all of the components. An accessories pouch for holding lighting devices may be included and positioned within the carrier during transport.