profit

‘Star Wars: The Force Awakens’ Was Shot on Film, and Kodak May Be Profitable in 2016

Back in July 2013, we shared how major filmmakers had banded together to rescue Kodak by committing to purchasing film from the company. One of the big names was J.J. Abrams, the director of Star Wars: The Force Awakens, which opens this week.

The new Star Wars was shot on Kodak film, and thanks to a number of other major productions using Kodak as well, Kodak says it may be profitable starting next year.

Canon Profits Down 21% as Mirrorless Cameras Cut Into DSLR Sales

Canon announced its quarterly earnings today, revealing that its operating profit for the quarter (~$665 million) has fallen 21% compared to last year and that total revenue fell by 4.5%. At the same time, Canon increased its full-year earnings estimate due to a drop in the value of the Japanese yen.

Flickr Taking Heat from CC Photographers for Selling Their Work as Wall Art Without Compensation

Flickr -- a site that sometimes seems like the punching bag of the photo community -- is again taking heat from photographers, this time over their recent announcement that people can select from millions of Creative Commons-licensed photographs to buy as wall art.

The photos are being sold for profit, but none of that profit will go to the photographers who took the shots, and some of these photographers are speaking up about what they see as an injustice.

Vivian Maier Discovery Leads to Book and Feature Film

One of the big stories in the photo world last year was when a set of glass negatives purchased for $45 at a garage sale were found to potentially be Ansel Adams photos worth an estimated $200 million. Unfortunately for the finder, the photos were most likely not Ansel's, and ensuing lawsuits prevented him from making a huge profit from the find. Real estate agent John Maloof, on the other hand, could end up making a fortune from his discovery of previously-unknown nanny and street photographer Vivian Maier.