"Kodak sees silver demand unhurt by digital cameras" which is kinda funny.. still, you just can't tell with Kodak these days... "Proliferation of affordable digital cameras will hardly affect silver demand from the photo industry, and in fact, the new technolgy complements and is helping grow conventional film use, according to Eastman Kodak."
``In terms of our silver usage, we don't see a change very much at all within the forseeable future,'' Paul Allen, spokesman for the Rochester N.Y.-based industry icon, told Reuters on Tuesday.
``Film usage continues to grow. That, in part, is driven by digital and some of the neat things you can do with digital photography,'' Allen continued. ``Taking your existing photos and putting them in digital form gives you more use for your pictures and that in turn drives more picture taking.''
The picture industry bought an estimated 257 million troy ounces of silver in 1998, up 6.2 percent from 1997 and the fastest growing source of demand for the metal, according to industry-funded consultants CPM Group.
At about 31 percent of total estimated demand of 822.2 million ounces, that makes photography a top commercial end user of silver, lagging only jewelry and trinkets, which have an active recycling component.
Kodak would not specify how much silver it buys for the so-called silver-halide technology it uses in the manufacture of photographic films and papers.
Digital cameras -- which save images on disks, enabling downloading to personal computers -- like most new technologies, started out too expensive for most amateur photo buffs, but are getting cheaper fast.
Some are now priced under the $300 retail level, in the same ballpark as some traditional film models. But image quality, though improving, remains a problem.
In addition, analysts said the peripherals required to view, manipulate and print these digital snapshots are costly.
In terms of pixels, the information capacity of a digitial camera tops out at about 1 million, far inferior to the 20 million pixels in a frame of a 35-mm color negative.
Thus, use remains far below that of old-fashioned point-and-shoots. A Silver Institute study counted an estimated 4.1 billion digital exposures taken in 1998, up from 1.9 billion in 1997 but far below the 83.3 billion film camera exposures in 1998.
Kodak is playing both fields, claiming it is the number two marketer of digital cameras in the U.S. and the number three worldwide.
The company's digital business lost $100 million in the first nine months of 1999 on revenues of $2.3 billion. Revenue is expected to grow, however.
``A good portion of what we're doing in the consumer marketplace is in between traditional and digital and that is what we call our 'digitization area,' where we are helping consumers to take pictures from traditional into digital,'' the official said.
``The real question is what is the rate at which digital may begin to erode sales of convention film? We don't see that happening for some time to come,'' said Allen.
|Devil Rock (Stuttgart, Germany) by cornissimo|
from Neon Signs
|Carla... by lickity split|
from Beautiful caucasian female faces
|Lunar New Year Fireworks by Michael L NYC 99|
|Vatican Basilica by wam7|
from Street lights
Go behind the scenes with National Geographic photographer Renan Ozturk and see what it takes to capture a dangerous, harrowing, stunning Nat Geo photo essay.
Erez Marom tells the story behind this ominous photo of the sand 'reaching up' towards the mountains at Skagsanden beach in Norway. He calls this photo 'Torment.'
DPReview staffer Carey Rose has taken the Panasonic Leica DG 15mm F1.7 along for everything from a city-side boat ride to a bachelor party across the mountains. Find out how the little Leica fared.
Canon just unveiled the largest 12-ink printer on the market. The new imagePROGRAF PRO-6000 printer can make prints from 17 all the way up to 60 inches wide.
"Standing in one of the holiest places on earth, I felt uneasy," writes Wired's Jason Parham. "Most of my fellow visitors, I realized with a brief bloom of nausea, were taking selfies."
Christopher Nolan's Dunkirk has been receiving great reviews, but it's a challenge to see it in its full glory. This handy infographic reveals the aspect ratio chaos that is wrought as the industry retreats from film.
Anti-bullying organization Ditch the Label's Annual Bullying Survey 2017 reveals yet again that Instagram, more so than any other social network, has a the worst effect on youth mental health.
It's been a crazy day for innovative patent news. Apparently Sony is thinking of developing a medium format curved sensor camera.
An update to the Silkypix Raw converter fixes some bugs and adds support for several popular new cameras.
This crazy custom-built underwater camera shoots 8x10 large format film. It's supposedly "the first successful underwater 8x10 ever made," and it can be yours for $5,800... plus shipping.
Blackmagic just reveled a new accessory for their Cintel Film Scanner. The Cintel Audio and KeyKode Reader can capture KeyKode data and high-quality audio from film in real-time as it is being scanned.
A new Nikon patent shows a lens designed for a curved full-frame sensor. Could this be the high-end Nikon mirrorless camera people are hoping for?
The ability to shoot images at 1,000 fps first appeared in a Sony smartphone sensor. Now the Japanese manufacturer is using the same feature for industrial applications.
Astronomy expert and photographer Dr. Tyler Nordgren thinks you should "see your first eclipse, photograph your second." But if you do plan on taking photos this August, here are a few tips from someone who's been there.
How confident are you that you can spot a manipulated photo? A recent study at the University of Warwick shows that many people are pretty bad at it.
If you purchased a Leica TL2, do NOT attach Leica's Visoflex electronic viewfinder. Leica is working on a fix, but for now, it's possible the viewfinder will break your camera.
Google just released Motion Stills for Android. Unlike the iOS version, the Android app uses a redesigned video processing pipeline that processes each frame of a video as it is being recorded, creating instant results.
A huge copyright lawsuit between photography firm VHT and Zillow Group is heating up again, as both sides appeal a court ruling that granted VHT $4 million in damages.
European Space Agency astronaut Thomas Pesquet spent 6 months on board the International Space Station where he worked with Google capturing spheric panorama images that are now available in Street View.
It's official. PDN has confirmed with parent company Aurelius that 94-year-old lighting company Bowens is indeed going out of business.
The newly launched firmware version 1.06 fixes AF-issues that can occur with some lenses that are not officially compatible with the MC-11 converter.
Voyager is a waterproof smart light stick you can control entirely from your phone. The light has already blown past its $300K funding goal on Indiegogo.
2018 is the last year Photokina will take place during the traditional end-of-September dates. In 2019, Photokina will take place from the 8th to the 11th of May.
The Canon IXUS 50 (known as the SD400 Digital ELPH in North America) was one of a string of high-performing, pocketable PowerShots of the mid-2000s. In this week's throwback Thursday, Barney casts his mind back to 2005.
A close look at the EOS 6D II's Raw files suggest its dynamic range has taken a significant step backwards compared with the company's recent DSLRs. We look at how much difference this might make for your photos.
With a full-production review unit in our hands, we've got over 100 production samples from the new Canon EOS 6D Mark II to share.
Need a break from your day? Kick back and watch the making of a somewhat unconventional mojito filmed on Canon's new EOS 6D Mark II.
The Bonfoton Camera Obscura Room Lens can turn any room into a camera obscura, projecting the view from your window onto the walls of your room.
Adobe just released version 2015.12 of Lightroom CC, adding support for several new cameras and lenses, and baking in several important bug fixes while they were at it.
In this interview, Chiara Marinai, photo editor for VanityFair.com, explains exactly what she looks for in new photographers and photo submissions. Take notes.