Canon published its Q2 financial results for 2024 today and while the company's global numbers look stronger than earlier this year, Canon's domestic camera sales remain a major weak point.
As soon as Nikon announced its surprising acquisition of the U.S.-based cinema company, RED, in March, people began speculating about what the move would mean for Nikon and RED cameras alike.
So far this year, Sony is leading the sales race in Japan for interchangeable lens mirrorless cameras, while Canon is dominating the charts for DSLR cameras.
As many know, Canon announced two new cameras this week, the Canon EOS R1 and the R5 Mark II. Canon Vice President Tsuyoshi Tokura spoke to Nikkei about what a camera like the R1 means for Canon and opened up about competition within the industry.
Last week, Canon USA initiated layoffs that affected multiple departments. While the exact number affected was not provided, it is not insignificant and included Rudy Winston, perhaps the most prominent face of Canon's US-based brand, PetaPixel has learned.
Nikon has announced that its beautiful new corporate headquarters in Tokyo is complete.
Profoto's varied lighting solutions are designed primarily for professionals, especially studio photographers. Hence, the company also offers comprehensive business and workflow services for working pros, including its ProStudio software that promises to shorten the time from capture to output.
DJI is under increasing scrutiny from lawmakers and is facing a potential ban in the United States. Some drone enthusiasts are casting a suspicious eye toward DJI's competitors, including American drone maker, Skydio.
In early May, Fujifilm released its latest financial results, which PetaPixel covered at the time. However, while an addendum Q&A segment didn't warrant focus then, it has gotten considerable attention online in the last few days.
The latest CIPA results show that May was an excellent and interesting month for the photography industry. For the January through May period, camera sales hit their highest levels in the past three years.
After it was on the receiving end of immense online blowback in response to its use of stock photos as "samples" for its S9 camera, Panasonic launched an internal inquiry to find and remove any other such cases from its Japanese website.
Google has announced a surprise event, where some suspect the company will announce the new Pixel 9.
Arri Japan emailed its customers informing them of a temporary closure of its Japan-based offices and service operations, citing a weak yen against the euro.
Sony announced that Reuters selected Alpha and XDCAM cameras along with G Master lenses and Sony audio gear to equip its video journalists around the world.
DJI may have been right to be worried about its potential ban moving through the United States legislation as the Countering CCP Drone Act narrowly passed through the House of Representatives this past week.
After breaking $5 billion in revenue in a single quarter for the first time last year, Adobe has followed up with two straight quarters of record revenue and achieved most recently $5.31 billion in Q2.
Leica announced that it acquired smartphone app startup Fjorden Electra to lead the development of the newly-announced Leica LUX app. While the acquisition is only being announced today, it closed in December 2023.
Many already know that Sony is a significant player in the image sensor space, but a new Sony Imaging and Sensing Solutions Segment report offers exciting insights into the stranglehold Sony has on the image sensor industry and how the company views the smartphone market moving forward.
Stock photo and video agency Shutterstock has announced a new multi-year partnership with Reka, an AI company. Like its relationships with Meta, Alphabet, Amazon, Apple, and OpenAI, Shutterstock is licensing its data for Reka to train AI models.
The CEO of Klarna, a "buy now, pay later" finance company, has boasted that his business will save $10 million this year at the expense of photographers and the photo industry thanks to generative AI.
In April 2023, Getty rejected a $4 billion takeover bid from Massachusetts-based investment firm Trillium Capital, categorizing the acquisition attempt as insufficiently credible. Now, federal investigators describe the failed takeover as a "pump and dump" scheme and have charged Trillium and its CEO with securities fraud.
Younger photographers continue to be attracted to older point and shoot cameras and, in absence of their general availability, appear to be turning to very affordable alternatives such as the Kodak PixPro FZ55 -- a camera very few enthusiasts have likely even heard of.
Panasonic is facing significant criticism concerning its recent Lumix S9 event in Osaka, Japan. The company hosted a live stream today and addressed the controversy, at least in general terms.
When companies announce and market new cameras, they include sample images. By default, most people would believe these photos are from the latest product, and often, they are. But not always. Panasonic reportedly found itself on the wrong side of this situation last week when it announced the Lumix S9.
Although Nikon was founded nearly 107 years ago and has been ubiquitous in the photography space for much of that time, the company is not far removed from financial troubles that threatened to reduce the company to ruin. Through shrewd decisions and great new Nikon Z cameras and lenses, Nikon has safely moved from the brink.
Apple is apologizing after a new iPad Pro commercial sparked controversy for showing a wide range of creative tools, including a camera and lenses, getting crushed to bits by an industrial hydraulic press.
KEH is making moves to be a more widely known brand as it has agreed with the NFL's Atlanta Falcons to become its Preferred Provider of Camera Gear.
When was the last time you saw a great news picture? Or a piece of reportage that truly made an impact? Regardless of your opinion of the winners, did you see any of the World Press images winners when they were actually published for the first time?
Yesterday, PetaPixel broke the news that Nikon paid what appears to be a pittance for RED Cinema: just $85 million. Looking at the industry's past acquisitions, we can better contextualize this number.
Earlier this year, Nikon revealed the bombshell that it had acquired US-based cinema company RED Cinema, thrusting itself into the video space that it had for so long been on the outside of, looking in. Now, based on its 2023-2024 financials, it has revealed just how much that cost: 13.167 billion yen, or $85 million.
