Articles tagged "industry-news"

Total: 186, showing: 1 – 50
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500px shuts down its online photo marketplace

As of July 1st image licensing will function via Getty Images and VCG. Gone is the option to upload images under a Creative Commons license.

Instagram reaches 1 billion active users

Instagram is the fourth Facebook-owned social media app to reach the coveted 1 billion users mark.

DxO updates Nik Collection, releases PhotoLab 1.2 with U Point local adjustments

DxO Labs announced bankruptcy a few months back, but with a silver-lining: its flagship desktop software, Photolab, would receive a free update by summer. The company also announced that the Nik Software Collection would receive its first update since 2017. As of today, both promises have been fulfilled.

Sony reveals camera strategy: aims to be the top camera brand by 2021

According to a recent investor presentation, Sony intends to occupy the top slot in the overall camera market by the end of 2020, beating back Canon and Nikon by boosting its interchangeable lens systems.

Shutterbug shuts down print publication after 45 years, goes 'web only'

45-year-old photography magazine Shutterbug announced today that it is shutting down its print publication, focusing instead on reaching its readers online as a web-only publication.

New Fujifilm X/GFX website and app offers news, events, deals, interviews and tips

The new website and app—developed by Fujifilm USA but available to everyone—will host interviews with X and GFX professionals, run technique articles, and showcase collections of images shot with Fujifilm equipment.

Xiaomi establishing dedicated camera team

In a leaked internal email, Xiaomi CEO Lei Jun details the creation of a dedicated in-house camera department that will focus exclusively on developing better camera tech for the brand's smartphones.

Nikon restructuring and strong D850 sales lead to 8x increase in annual profit

Nikon Corporation has released financial results for the fiscal year ending March 31st 2018, and the news is good. Thanks to strong sales of the D850 and some restructuring measures paying off, the company reported an 8x increase in overall profit despite a slight drop in revenue.

CMOS image sensor sales at all-time high

Overall, CMOS image sensors accounted for 81% of all image sensors sold in 2017, making CMOS by far the most utilized image sensor technology.

GoPro reveals unit growth in Q1 2018, but revenues are still down

In a surprising bit of good news, GoPro's Q1 earnings report exceeded analysts' expectations thanks in part to demand for the new, entry-level GoPro HERO. And CEO Nick Woodman expects more good news in Q2.

Nikon manager confirms: New mirrorless system coming by spring 2019

In an interview with Japanese TV-channel NHK, a Nikon manager confirmed that a new mirrorless system will arrive by spring of 2019.

Report: Casio is pulling out of digital compact camera market

The Japanese electronics manufacturer—one of the pioneers in the digital camera segment—is leaving the compact camera market behind after concluding that no market growth or increase in market share can be expected for the future.

Nikon prepares investors as $94M wiped off value of its measuring business

Nikon Corporation has warned investors that an assessment of its Belgium-based metrology business based is worth much less than expected, and that they should brace themselves for an 'extraordinary loss' of 10,343 million yen.

DxO Labs begins bankruptcy process in France, says customers 'will not be affected'

DxO Labs has filed the initial proceedings to start the bankruptcy process in France. The company is currently under "judicial administration," which allows it some time to restructure and find a buyer before the liquidation process occurs.

Oppo and Corephotonics sign strategic agreement around dual-cameras

Under the agreement, the two companies will work together to develop Oppo's smartphone camera roadmap, covering optical zoom, depth mapping and other innovative imaging features that dual cameras allow.

GoPro will now accept almost any digital camera for trade-in, even 'destroyed'

The program first launched last year, but only as a temporary promotion limited to previous-generation GoPro cameras exchanged for discounts on current-generation models. This time around, GoPro is accepting nearly any digital camera in any condition.

Rumor debunked: Canon and Profoto will both attend Photokina 2018

Photokina has released an official list of confirmed exhibitors for the 2018 expo, quieting rumors that major brands like Canon and Profoto might follow in Elinchrom's lead and skip this year's show.

Nikon dominates World Press Photo 2018 camera breakdown

If you look at the cameras used to shoot the winning photos in the prestigious World Press Photo 2018 competition, you'll see that DSLRs dominated over mirrorless, and Nikon dominated over everyone.

Report: Chinese company Xiaomi may purchase GoPro

Details on the potential buy-out are sparse at this point, but a report claims the deal could be worth as much as $1 billion. GoPro has been struggling lately, so no surprise the company's stock price spiked 8.8 percent on this news.

Elinchrom will skip Photokina this year, other brands may follow suit

Swiss lighting manufacturer Elinchrom has officially announced that it will "take a breather" from this year's Photokina trade show, and according to industry rumors, other brands like Profoto might follow suit.

Leica will increase its prices in the US starting May 1st

Leica's prices are about to go up in the USA. Starting May 1st, expect to pay hundreds more for 66 different Leica products including most Leica M cameras, nearly all Leica M lenses and more.

CIPA: DSLRs outperformed mirrorless in February, compact cameras still tanking

CIPA has released its February report, which shows DSLR shipments pretty much flat, mirrorless camera shipments down by nearly 16%, and compact camera shipments down by almost 45%. Combined, that makes for a 27% drop in overall digital camera shipments.

Lytro is officially shutting down

It's official. Light field company Lytro has announced that it is shutting down just one week after TechCrunch reported that Google was planning to buy the company for $40M. But it seems Google is more interested in the company's employees than its light field technology...

GoPro licensing deal will let third parties use the company's camera tech

GoPro has inked a multi-year licensing deal with manufacturing services company Jabil that will allow Jabil to incorporate GoPro sensor modules and camera lenses into third-party products.

Fashion magazine expects photographers to PAY to be on the cover

In a ‘the world’s gone crazy’ role-reversal Sheeba magazine's submission guidelines specifyl that photographers lucky enough to have an image selected for the cover will have to pay $860 for the privilege of having it used.

NEA report reveals photography industry's contribution to US economy

A report from the National Endowment for the Arts shows that photography and photo-finishing services contributed $10.2 billion to the US economy in 2015.

Google reportedly to acquire Lytro for $40 million

According to unnamed sources, Google will acquire Lytro's technology and patents, with Lytro employees already having left the company.

Adobe posts record revenue yet again, earning $2.08 billion in Q1 of 2018

The company posted a record quarterly revenue of $2.08 billion for the first quarter of the 2018 fiscal year. That represents incredibly healthy year-over-year growth of 24 percent.

The New York Times is looking to hire a Photo Director

In the job posting, the Times' describes this role as "one of the most important and high-profile jobs in visual journalism." If you're looking for a high profile job in photojournalism, you could do a lot worse than being Photo Director at The Gray Lady.

Samsung wants to dethrone Sony, reach #1 in the global image sensor market

According to a recent report out of South Korea, Samsung is increasing production of its ISOCELL image sensors in a bid towards market leadership for image sensors. To reach this goal, Samsung will have to dethrone current market leader Sony... no small task.

Canon CEO: 'we will go on the offensive... in the mirrorless camera market'

In a statement, Canon CEO Fujio Mitarai said the company will "go on the offensive" in mirrorless cameras, aiming to clinch 50% of the entire interchangeable-lens camera market.

Report: Agfa Vista film is no more, stock drying up world-wide

According to Japan Camera Hunter, Agfa Vista color negative film is no longer being produced. The site says the information was confirmed by ‘reliable industry sources,’ and that supplies are drying up around the world.

UPDATED: Instagram is NOT bringing back the chronological feed

A report that Instagram was considering bringing back the chronological feed has been squashed by Instagram itself. Despite years of complaining, it seems IG has no interest in dumping the algorithmic feed.

Why brand market share shouldn't matter to you

We've seen a spate of press releases trumpeting market share and ranking position in recent months. But, argues office curmudgeon Richard Butler, you should ignore them since they tell you very little – and less still that's useful.

Canon got it right on International Women's Day

Forget upside-down logos. The best move a brand can make to recognize women is to amplify their causes.

Manager says Canon is willing to cannibalize DSLR sales with mirrorless cameras

In a report from last month, the president of Canon Marketing Japan, Masahiro Sakata, confirmed that Canon is willing to cannibalize its DSLR sales to invest in the "growth market" of mirrorless cameras.

KitSplit gear rental company raises $2.1m in seed funding

KitSplit—the gear rental company that lets companies and individuals post their gear for rent when they're not using it—just raised $2.1 million in funding to help the company grow its presence in Hollywood.

Slow start to year as camera production and shipping plunge

CIPA stats for January have been released, and the news is not pretty. The number of cameras made and shipped in the first month of 2018 barely reached 70% of the volume for the same period last year and the year before.

ImageBrief is shutting down, users have one week to save their images

On-demand photo licensing service ImageBrief is shutting down after six years of trying to compete in the same industry as giants like Getty and Shutterstock. The news was announced in an email to users sent out earlier this week.

500px acquired by Chinese licensing giant Visual China Group

Visual China Group (VCG)—the world's third largest image licensing company and the so-called 'Getty Images of China'—has acquired photo sharing community and licensing marketplace 500px.

Really Right Stuff is moving from California to Utah to escape rising costs

Camera accessory manufacturer Really Right Stuff is relocating. The company is moving its headquarters from California to Utah, citing rising costs and promising 'expansion on every level' as a result of this move.

Google has removed the 'View Image' button from Image Search

As a result of its licensing deal with Getty, Google Images will no longer link directly to an image file from the search results. Instead, users will have to actually visit the site that hosts it.

Panono has new CEO, puts focus on software solutions

Thomas Escher, Panono's new CEO, wants to steer the company strategy towards customized software development for the real-estate and construction sectors.

US intelligence agencies warn against purchasing Huawei smartphones

Directors from six US intelligence agencies—including the CIA, FBI, and NSA—have told the Senate Intelligence Committee that it does not recommend Americans purchase Huawei devices, citing multiple security concerns.

Fujifilm Imaging Solutions posts excellent financial results

Fujifilm's Imaging Solutions division recorded a revenue of $2.77 billion and operating income of $465 million in the first three quarters of 2017. That's a 15.6% increase in year-on-year revenue and a whopping 76.1% jump in operating income over the same period last year.

US Navy confirms: Combat camera units will be eliminated over budget issues

The US Navy has officially eliminated its two remaining combat camera units "as an overall cost savings measure." The services these so-called COMCAM units provided will be taken over by the Navy Public Affairs Support Element command.

RED and Foxconn want to produce affordable 8K cameras for the general public

Foxconn Chairman Terry Gou said over the weekend that the company is working with RED Digital Cinema to build top-quality video cameras at a third of the current prices.

Google strikes deal with Getty, will remove direct image links from search

The deal was struck in response to a 2016 lawsuit by Getty, which accused Google of "promoting piracy" by linking high-resolution images in its Image Search. This development should help cut down on what Getty calls "accidental pirates."

Scammers are peddling fake 'KODAKCoin' to unsuspecting victims

Kodak is reportedly warning potential KODAKCoin investors that scammers are listing the cryptocurrency for sale online, despite its lack of official availability.

Camera makers continue to ignore photojournalist pleas for encryption

In 2016, over 150 professional photojournalists penned an open letter to camera manufacturers begging them to add encryption technology. In 2018, that request doesn't look any closer to reality than it did two years ago.

Total: 186, showing: 1 – 50
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