Posts Tagged ‘business’

Nikon Expanding Into Medical Devices with $400M Acquisition of Retinal Imaging Firm

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Last year Nikon announced that it had set aside $1.96 billion for mergers and acquisitions into new industries in order to diversity from the camera industry that had grown the 98-year-old company to greatness.

The Japanese company is now using a portion of that cash pile on its first major expansion purchase: a £259M (~$400M) acquisition of the Scottish retinal imaging firm Optos.
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Sony to Stop Producing CCD Image Sensors to Focus on CMOS Growth

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According to a new report, Sony is saying that it will stop producing all CCD sensors by March 2017 in order to focus on expanding its involvement in CMOS image sensors.
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Twenty20 is the World’s Largest Crowdsourced Stock Photo Catalog

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Twenty20 is a new stock photography service that just launched to the public after months of beta testing. It claims to have the world’s largest crowdsourced commercial image catalog — one that contains 45 million photos from 250,000 photographers based in 154 countries.
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Getty Images is Burning Through Cash as Its Earnings Shrink

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Photographers often grumble about Getty Images taking too big a slice from each stock photo sale, but it turns out the company hasn’t been lining its pockets with mountains of cash generated by its contributors — in fact, it hasn’t been doing so hot financially as of late.
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Thinking About Brand, Thinking About Photography

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There has been lots of discussion recently on how to brand what it is that we do, since so many of us are doing multiple things. Do we brand each thing or genre we do, or brand it into some sort of ‘holding company’ title? That’s a lot of work.
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What If Clients Don’t Really Need ‘Professional Photography’?

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Author’s disclaimer: This article is aimed toward commercial, business-to-business photographers. Consumer photographers may get something from it as well, but there are different market forces at work in that genre.

Yes… it is sort of a “link-bait” sounding headline, but I worked hard trying to figure out how to say it without sounding like I was tricking you into reading something far off the mark.

And here is why I think it is on the mark; photography has become ubiquitous. It has become the ordinary and the mundane, the avocation and the whimsical. With the advent of digital, 80-90% of the tools photographers needed to make photographs were eliminated. The learning curve was now no more than a bump for those wanting to simply record what they see as a photograph.
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Sports Illustrated Lays Off All Remaining Staff Photographers

Night Baseball in Milwaukee August 16, 1954 X 1388 Credit: Mark Kauffman

Sports Illustrated has laid off the last of its staff photographers. All six remaining photographers at the magazine were laid off yesterday due to economic circumstances and company restructuring.
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A Primer on Insuring Your Camera Gear and Making It Recoverable

If you’ve invested any significant amount of money in your camera gear, it’s a good idea to make sure it’s insured against loss or damage. If you’ve never really explored this subject before, here’s a helpful video that can bring you up to speed. It’s a 13-minute overview by the folks over at DSLR Video Shooter on the best services and solutions out there for making sure your gear is insured and recoverable.

Gear Insurance: Best Solutions, Tips and Tools [DSLR Video Shooter]

Shutterstock Acquires UK Photo Agency Rex Features for $33 Million

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Stock photography giant Shutterstock announced today that it has agreed to acquire the UK-based press photo agency Rex Features for $33 million in a mostly cash deal.
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Canon to Return Camera Production to Japan as Yen Value Tumbles

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The value of the Japanese yen has tumbled in recent months, and that could mean changes to where Japanese camera companies choose to manufacture their products. Canon is one company that is making changes in response to the changing economic landscape: it says it plans to bring more of its camera manufacturing back to Japan.
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