Collaborative photo-texts are not only experiments with page layout and the material aspect of the book. Such complicated and demanding projects employ various intermedial strategies of co-creating meaning, but they are not necessarily harmonious. This article presents an analysis of three photo-textual strategies: filling the frame, cut and paste technique and creative transformation of absent images/texts in photo-textual exchange. Three post-millennial works (I Spy Pinhole Eye by Philip Gross and Simon Denison, Co robi laczniczka by Darek Foks and Zbigniew Libera and Бladerrida by Tadeusz Rуzewicz and Jerzy Olek) serve here as representative examples of those photo-textual strategies.