There's major consolidation going on in the US camera gear rental industry. Lumoid, a camera and tech gear rental startup, has announced that it's closing up shop, less than half a year after signing a deal with Best Buy to offer gear rentals through the giant retailer.
A week after announcing the closure of its camera factory in China due to the rise of smartphone cameras, Nikon has just announced that it's shuttering its sales operations in Brazil.
After 70 years of providing aspiring photographers with a formal education, Brooks Institute announced this month that it will be permanently closing its doors. The sudden closure came as a shock, especially to current students who may now face a difficult challenge in transferring their credits and salvaging their degrees elsewhere.
Back in April 2014, Dropbox announced Carousel, a photo app for archiving and sharing personal memories via a Dropbox account. Now, less than two years later, Dropbox is announcing that Carousel will soon be no more.
Rumors about Samsung's camera business struggling and closing down have been swirling around for months now, and today we may be seeing yet another proverbial nail in the coffin. Samsung is officially saying that it's exiting the German photography market.
Lens Rentals Canada is calling it quits after years of being one of the prominent gear rental services serving photographers in Canada.
Canadian photography retailer Blacks is pulling out of the brick-and-mortar store business. The company announced today that it will be closing all of its 59 stores in Canada on August 8th, 2015, citing an inability to make them profitable in the digital age.
Photoflex, a popular manufacturer of lighting gear and camera accessories, has unexpectedly announced that it will be closing its business that has been in operation for three decades.
Sony is making big restructuring moves in order to increase profitability, and one of the big changes has been closing its inefficient physical retail stores. 26 of the stores were closed in 2014, and now the latest word is that in addition to closing all of its shops in Canada, Sony will be pulling the plug on 8 of the 10 remaining US locations.
If you're a photographer who shoots with Sony, you might want to keep an eye on any Sony store near you: you could find it filled with heavily discounted photo gear.
Former Afghan police unit commander Naqibullah -- the man who, three months ago, walked up to AP photographer Anja Niedringhaus' vehicle and unloaded an automatic weapon in the backseat, killing the veteran photojournalist instantly -- has been convicted of murder and sentenced to death by the Kabul District Court.
When Sony unveiled its "One Sony" game plan back in March after posting billions in losses, the company highlighted digital photography as one of its three main pillars going forward. It was a bit of a surprise, then, when Sony announced today that it will soon be closing a large lens manufacturing factory in Japan as part of the restructuring efforts.
Those of you who were hoping that all of the Facebook/Instagram acquisition talk would end may not …