Posts Tagged ‘industry’

HTC is Reportedly Building an Action Camera to Challenge GoPro

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Up to this point, HTC has been known as a popular Taiwanese manufacturer of smartphones and tablets. However, the company may soon jump into a completely different market: cameras.

Bloomberg is reporting that the company is planning to launch a waterproof camera designed for capturing extreme sports.
Read more…

Nikon Stock Hits Three Year Low, Prompts Company to Restructure

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Last week, Nikon released its financial results for the last fiscal year (ending in March) and things aren’t looking good. The company missed financial forecasts yet again, closing at a three-year low that, it seems, has prompted Nikon to do some serious restructuring within the company. Read more…

Rumor: Is Ventizz Capital Planning to Pull the Plug on Hasselblad?

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In mid-2011, Hasselblad was acquired by the private equity firm Ventizz Capital Fund IV, but rumors are swirling that the fund might be getting ready to ditch their investment. Read more…

Fujifilm Launches Its Own Camera Lens Rental Service in Japan

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Camera equipment rentals is becoming big business. LensRentals proves it: the 7-year-old company was reportedly on track to take in revenues of $13 million last year.

Now it looks like camera makers may want a piece of the pie as well: Fujifilm has announced that it’s launching its own lens rental service in Japan.
Read more…

Getty’s New Embed Tool Makes Millions of Photos Free to Use Non-Commercially

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Last night, Getty Images made a huge announcement that could forever change the way high quality images are shared on the Internet. Like Flickr before it, Getty is introducing an embed feature, essentially creating an “easy, legal, and free” way for people to share the majority of the agency’s images in a non-commercial context. Read more…

A Look at What 2013 Was Like for the Photo Industry (Spoiler: Not Too Good)

Although there was plenty to be happy about for us photographers last year, 2013 was statistically a very bad year when it comes to camera sales. And now, thanks to an infographic and accompanying video put together by LensVid, we get to look back and find out exactly why that is. Read more…

PocketWizard Plagued by Poor Sales, May Have Laid Off Almost Half Its Staff

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We’re unfortunately accustomed to bad news in the photo industry. That’s not to say there’s not great news and exciting new products and a bright future ahead, all of those things are there too, but slumping sales and discontinued products are becoming all-too-common reports.

Case in point: it seems flash trigger king PocketWizard is struggling of late, with reports claiming that the company has had to lay off as many as 20 of its 50 employees due to low sales figures and increasing competition out of China. Read more…

The X-Factor: How the Fujifilm X-Series Changed a Company and an Industry

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There’s a good chance you’re sick of reading about Fujifilm this week. But with the fever-pitch buzz surrounding the release of the X-T1, it’s not often that we consider the business behind these popular cameras.

Let’s take a moment to reflect on the unique history of the Fujifilm X-Series, and the ways in which it reinvigorated both the company that created it and the camera industry as a whole. Read more…

Famed Mark Jacobs Fashion Photographer Juergen Teller Refuses Miley Cyrus Shoot

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Take that, girl! Celebrity mess Miley Cyrus is at the butt end of an insider fashion industry snub after noted fashion photographer Juergen Teller refused to work with her on a campaign for longtime client Marc Jacobs. Read more…

Fake News Site ‘New Camera News’ Brings The Onion’s Satiric Style to Photography

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Being “journalists” more or less restricted to “facts,” we can only look with awe and envy at New Camera News: a blog that tells the truth about the photography industry by making up witty, insider satire in the mode of The Onion (an apt comparison we owe to the folks over at DIYPhotography) Read more…