Photo manipulation done in Photoshop. The background is a combination of two textures. The fairy is actually just a photo of a model jumping in the air to which I added wings to make her look like she was floating. All the butterflies are made from only three actual butterflies. I used the transform tool, layer blending modes and different opacities to change their positions and colors. Using one of the same butterflies, I created a brush in order to paint the tiny butterflies. I used text which I rastorized to make the corner borders. Lastly I used gradients and a lens flair to create the glow surrounding the fairy.
Click on the image for a more detailed look.