In yet another business move no doubt influenced by the rise of the all-mighty smartphone camera, a “source familiar with the plan” has told Reuters that Panasonic aims to sell camera and battery manufacturer Sanyo to a Japanese equity fund by the end of March.
If you’ve been jostling with crowds today over Black Friday deals and are heavy laden with shopping bags, take a look at this sweet deal that won’t be any extra hassle: Amazon is currently selling the full boxed version of Adobe Lightroom 4 for just $79! It’s regularly priced at $150, and sometimes dips down to $100, but $79 for one of the most popular image editing programs is quite an attractive offer. No word on how long this pricing will last, but we’re guessing that it’ll go back up after today or the holiday season.
You can also find the complete list of camera- and photo-related Black Friday deals offered by Amazon on this page.
Adobe Photoshop Lightroom 4 [Amazon]
Update: The deal is now over.
If you’re in need of an extra memory card or two, check out the Gold Box Deal of the Day over on Amazon. The company is selling Transcend brand SD and CF memory cards for up to 60% off their regular prices.
Today only—and just in time for the holidays—get up to 60% off memory and storage from Transcend Information. Boost the performance of your camcorders, digital cameras, and other devices with Transcend Information Class 10 SDHC memory cards and store files and photos on Transcend JetFlash retractable USB flash drives.
64GB SD and CF cards cost just $40 and $85, respectively, providing savings of 50% and 60%. The one-day offer will expire at the end of the day today.
Up to 60% Off Select Transcend Memory and Storage [Amazon via Photography Bay]
In 1997, the Minneapolis College of Art and Design held an art sale to give student and alumni artists an opportunity to offer their creations to art collectors. They offered around 1,000 pieces by 86 different artists, including prints by photographers. Since then, the MCAD Art Sale has exploded in popularity.
This year the organizers are hoping to sell thousands of artworks by hundreds of artists at a rate of 7 pieces per minute. The sales will add to the $1,875,000 that has been paid out to artists through the sales over the years.
Looking for a cheap fog machine or fog juice for your photography? Hurry out to your local pop-up Halloween store today: David Hobby of Strobist reminds us that these seasonal stores often offer deep-discounts of those things once All Hallows’ Eve has come and gone.
It’s a sad day for film photographers: Kodak has announced that it will sell off its camera film business, one of the huge pillars of what made Kodak Kodak in the eyes of consumers around the world. It’s yet another step in the company’s effort to climb out of bankruptcy, which it hopes to do by next year, and transform itself into a commercial printing company.
Photo agency Getty Images is on the auction block, in a second round of bids that are climbing towards $4 billion for a potential sale. Investment firm KKR & Co. and private equity investment firm TPG are on the list of at least five interested bidders, the Wall Street Journal reports.
When it comes to photography agencies, Getty Images reigns supreme. Founded in 1995 by Mark Getty and Jonathan Klein, the Seattle-based behemoth in many ways took stock and editorial photography into the digital age, causing the slow decline of “former-rulers” like the AP. Between Getty’s editorial supremacy and the rise of an era where photojournalists find themselves replaced sometimes by average Joe’s with smartphones, the last few years have consisted mostly of the AP trying to staunch the bleeding. But now it seems they’re ready to fight back. Read more…
PDN has published an interview with art collector Jonathan Sobel, who’s suing photographer William Eggleston for creating and selling new prints of iconic photos that were once sold as “limited edition” prints. The new prints that recently fetched $5.9 million at auction were digital prints that were larger than the original ones.
The dispute boils down to this question: If an artist produces and sells a limited edition of a photographic work, and then re-issues the same image in a different size, or in a different print format or medium, does the re-issue qualify as a separate edition? Or do the new prints breach New York law that defines “limited edition,” and therefore defraud the buyers of those original limited edition versions of the work?
The answer could have a significant effect on the photographic print market. A number of photographers issue limited editions of their works, then later issue new editions of the same works, reprinted at different sizes or in different mediums. The reason is obvious: When an edition sells out, and scarcity drives up the price, artists want to cash in on pent up demand.
Sobel, who has spent 10 years studying and collecting Eggleston’s work, claims that eight of his prints that were previously worth $850,000 have been devalued by the recent sale.
Q&A: Art Collector Jonathan Sobel Explains His Beef with William Eggleston (via The Click)
Back in November of last year, we reported that Kodak had put its Kodak Gallery service up for sale and was hoping to offload it for “hundreds of millions of dollars”. A couple months later Kodak filed for Chapter 11 bankruptcy, and now the company has finally found a buyer for the photo sharing and printing service: Shutterfly. The sale price? Only $23.8 million. If the sale gets approved by the US Bankruptcy Court in March, Kodak Gallery’s 75 million users will be transferred over to Shutterfly unless they opt out.