Industry

 

Toronto Gallery Buys the Entire Collection of Vivian Maier Negatives Owned by Jeffrey Goldstein

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Amidst a messy legal battle over copyrights to Vivian Maier’s now famous work, a gallery in Toronto has acquired the entire collection of negatives owned by Jeffrey Goldstein.
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Photo Sharing is Big, Big Business: Instagram is Now Reportedly Worth $35 Billion

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When Facebook agreed to acquire Instagram for $1 billion in cash and stock back in April 2012, the world balked at the price. Instagram was only a 17-month-old company at the time that had just launched on Android, and there was no income on the horizon.

Well, fast forward two years, and Facebook founder and CEO Mark Zuckerberg looks like a genius for making the deal: Instagram is estimated to be worth $35 billion now.
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The Great Instagram Purge Vaporizes Millions of Spammy ‘User’ Accounts

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After announcing that it had passed 300 million active users earlier this month, Instagram warned that it would be cracking down on spam accounts and that users may see their follower counts drop as a result. It has come to pass.

If your follower counts just dropped noticeably, you’re seeing the effects of the Great Instagram Purge, which has wiped out millions upon millions of accounts.
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Flickr Sorry for Selling Creative Commons Photos as Wall Art, Will Stop and Refund All Sales To Date

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Flickr is apologizing for its decision to sell Creative Commons photos as wall art. The images have been pulled, and all sales made with CC photos will be refunded.
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Want to Buy or Sell Camera Gear on Facebook? The Company is Testing Out Group-Based Selling

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eBay and Craigslist are two services photographers often turn to if they’re trying to buy or sell some used camera gear. It looks like Facebook may be gunning for a piece of that pie.

The company is testing a new feature that’s allowing some users to sell goods in Facebook groups with an official new “Sell Something” feature. The new post type creates a simple for sale listing that’s reminiscent of what you might see on Craigslist.
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Snapchat Quietly Acquired a Company That Makes Stealthy Camera Glasses

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Reporters all over the world are digging for nuggets in documents that were leaked in Sony’s hacking. Here’s one of the interesting finds: back in March, Snapchat secretly purchased a company that builds stealthy camera glasses.
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UK Reporters Say They Won’t Take Assignments That Should Go to Pro Photographers

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In a show of solidarity with photojournalists who are seeing their jobs disappear, some reporters in the UK are resolving to not take assignments that should go to professional photographers.
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This Chart Shows How the Camera Market Has Changed Over the Past Decades

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How have camera sales changed over the past 60 or 70 years? The chart above offers an interesting look at this question. It shows camera production between 1947 and 2014.
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Adobe Acquires Stock Photo Service Fotolia for $800 Million in Cold Hard Cash

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Adobe has acquired stock photo giant Fotolia to add a serious stock photography and video marketplace to the Creative Cloud. The price it paid is roughly $800 million in cash.
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Instagram Passes 300 Million Users, Now Larger Than Twitter

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Instagram has officially passed the 300 million user mark, making it more popular than Twitter (which reported 284 million six weeks ago).
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