Posts Tagged ‘industry’

The Mirrorless Party of 2015: A Fun Stop-Motion Look at the State of the Industry

Back in 2012, The Camera Store released a lighthearted stop-motion video of mirrorless cameras attending a party. It reflected the state of the industry at the time — particularly how the Canon EOS M was late to the game and how it had a painfully slow autofocus system.

The video above is a followup: it’s shows the mirrorless party of 2015 and offers a witty look at how the camera industry landscape has changed over the past three years.

After the Kodak Moment: How an Iconic Photo Brand is Trying to Reinvent Itself

The New York Times has published an in-depth feature in its business section that looks at how Kodak, at one time a juggernaut in the photo industry, is working to reinvent itself after missing the boat when the camera world shifted to digital.

Decades ago, when it was the heavyweight of consumer film, Kodak was pulling in $19 billion a year with 145,000 on its payroll. Now the company has $2 billion in annual sales, 8,000 employees worldwide, and is dabbling in niche film and printing markets while exploring new ways to grow.

At Kodak, Clinging to a Future Beyond Film [NYTimes]

Top Instagram Users Making Thousands Per Photo by Promoting Products

instamoney

It pays to have a lot of Instagram followers — literally. Top users on the photo-sharing service these days are finding that their simple picture snapping can be turned into real dollars, and a lot of them at that. The numbers may astound you: some users are receiving thousands of dollars in exchanging for sharing a single photo that promotes a company’s products.
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Nikon Expanding Into Medical Devices with $400M Acquisition of Retinal Imaging Firm

iameye

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

sonyccdsensor

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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Getty Images is Burning Through Cash as Its Earnings Shrink

gettyburning

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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The Importance of Cameras in the Smartphone War

importance

When new smartphones are announced these days, the camera quality and specs are usually front and center. If you’re wondering why manufacturers focus so much on mobile photography, check out the chart above: taking photos is the most used feature of smartphones alongside text messaging.
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DJI Joins the Micro Four Thirds Standard: MFT Camera Drones On the Horizon?

phantommft

Olympus has announced that popular drone manufacturer DJI is the latest company to join the Micro Four Thirds System standard. The news suggests that there may be MFT-system camera drones somewhere on the horizon.
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Imgur Does Away with Pro Membership, Now Offers Free and Unlimited Photo Storage for All

imgur

After being started back in 2009 as a gift for Reddit users, Imgur has quickly become one of the Web’s most dominant forces in image hosting. Yesterday marked the service’s sixth year in existence, and to celebrate, Imgur has decided to phase out Pro subscriptions. The benefits of paid membership are now completely free for every user.
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Google Acquires Odysee, A Photo Backup and Sharing App for Smartphones

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Google has acquired Odysee, an app by a small startup called Nimbuz Inc. that had been working on a smartphone software for backing up and sharing photos and videos. Terms of the deal have not been disclosed.
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