This image is part of a series called Magic Moments. Is a commissioned work. Photos were taken at location using two cameras: One with housing for the underwater scene and the second with radio system with two off camera flashes for the upper scene. Both photos where taken at the same time or in some cases with seconds of difference. Then merged together in PS and adding some digital art like the clouds.
"Magical" photo illustration indeed! Great work!
I like the shot, but you do know you could of done the the shot with one camera in a housing and 2 underwater strobes.