Industry

France’s Leading Photo Agency Files for Bankruptcy

Tough news coming out of France this week: Sipa Press, the country's leading photo agency, has filed for bankruptcy protection. Michel Puech of the Le Journal de la Photographie reports that the filing came on November 22nd, and can lead to two possible outcomes: reorganization or liquidation.

RIP: Bayer Filter Inventor Bryce Bayer Has Passed Away

Bryce Bayer, the Eastman Kodak research scientist who invented the Bayer Filter back in 1975, passed away on November 13th at the age of 83. Bayer filter mosaics are used by nearly every digital camera, allowing a single sensor to capture a full-color photograph with the help of some "mathemagic".

500px Follows Flickr’s Lead, Introduces Creative Commons Licensing

Creative Commons licensing is becoming a common option on major photo and video sharing services -- Flickr and YouTube, for example -- but it's not something that 500px offered -- until now. The fast-growing Flickr rival is now onboard with flexible copyright agreements, rolling out Creative Commons licensing options for all of its users yesterday.

Citizen Journalism Photo Agency Demotix Snatched Up by Corbis

Corbis, one of the largest photo agencies in the world, has agreed to acquire Demotix, a crowd-sourced citizen journalism photo agency that was founded in 2008. Corbis had already picked up a piece of the young agency through an investment last year, but now it has decided to purchase the whole company outright. The acquisition price was not disclosed.

Kodak Snags Loan of $793M to Climb Out of Bankruptcy, With One Condition

Kodak has finally been thrown a lifeline. Yesterday, the beleaguered photography company announced that it had convinced banks to loan it $793 million in order to climb out of bankruptcy by the first half of 2013. The loan agreement comes with one big catch: Kodak must be able to sell its extensive collection of patents for at least half a billion dollars.

SmugMug Brings the Ability to Price and Sell Prints Back to All Pro Accounts

Subscription-based photo-sharing service SmugMug caused a lot of grumbling back in August by effectively raising raising prices by 67% for Pro members who wanted to retain all of their existing features. Members who didn't want to pay double their membership costs could stay at the same rate but lose their ability to price and sell prints. The story and reaction was strikingly similar to Netflix's poorly-received pricing change enacted earlier this year.

Trend: Professional Photographers Being Hired to Shoot Military Homecomings

Professional photographers are often hired to capture moments in life that are memorable and emotional -- two words that aptly describe military homecomings. The number of photographers hired to shoot homecomings is reportedly growing, as more and more families are hiring professionals to document the reunions that occur when soldiers return from war.

Patent Troll Captures Olympus, Still Going After Canon and Nikon

Intellectual Ventures has announced a settlement with Olympus over a patent infringement battle launched against the camera maker back in September 2011. The patent-holding company, one of the top 5 owners of patents in the United States, is infamous for its "patent trolling", or making money simply by licensing patents from companies and then suing other companies for infringement.

Twitter to Introduce Instagram-style Retro Photo Filters

It's no secret that Twitter was interested in acquiring Instagram before Facebook swooped in and snatched it up. Now, instead of running the popular photo-sharing app, Twitter is waging war against it. Twitter cut off Instagram's API access for the app's "Find Your Friends" feature a few months ago, but that was just the beginning. The next major bombshell announcement is coming soon: photo filters.

The Bleeding Continues: Kodak Reports Loss of $312 Million

It seems like Kodak is having a hard time figuring out how to getting its finances back in the black. Kodak has announced its 3rd quarter financial results, and the numbers aren't pretty -- they're downright ugly, actually. Despite raking in $1 billion over the three-month period ending in September (down 19% from the same period last year), the company still posted a net loss of $312 million (up from a loss of $222M during the same period last year).

The Current State of the Mirrorless War

Japanese electronic industry analysis company BCN has published a new report (in Japanese) on the current landscape of the mirrorless camera industry. Using data gleaned from retailers and manufacturers over in Japan, it reports that three companies -- Olympus, Sony, and Panasonic -- account for nearly 70% of mirrorless camera sales in Japan. Nikon and Canon, both relatively late to the mirrorless game, are fourth and fifth (respectively), with a combined share of 22%.

This Photograph Was Shot Using a Tablet Computer, the Google Nexus 10

The photograph seen here was shot using a tablet computer -- one that doesn't officially exist yet. Google engineering SVP Vic Gundotra posted the image to Google+ at 4:57 this morning with the caption, "Early morning walk on the beach." A quick peek at the EXIF data reveals that it was captured with the "Google Nexus 10," a tablet that'll reportedly be unveiled at a press event next Monday.

New Open Source Exhibition Format Asks Artists to Bring Their Own Projectors

"BYOB" is an initialism that's readily understood by college students who party. To artist Rafaël Rozendaal, however, it means something entirely different. In 2010, Rozendaal launched Bring Your Own Beamer, a series of novel "open source" art exhibitions in which participants were asked to bring their own beamers (AKA projectors). The recipe for the concept is extremely simple: find a venue with plenty of wall space (and outlets), invite a bunch of artists and art-lovers, and have images …

Sony Pulls Plug on DSLR Lens Factory, Hands Out 840 Pink Slips

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.

Apple Reportedly Acquires Photo Sharing App Color

Well, that's quite a turn of events. Yesterday we reported that photo sharing app Color had denied rumors that the service would soon be shutting down. Based on the app's lack of users, we said that Color would need to find some traction -- and find it soon -- for the $41 million invested in it to pay off. Turns out they won't be needing a miracle after all, because they've reportedly already found one: the app will reportedly be acquired by Apple.

Joby Laid the Smackdown on GorillaPod Counterfeiters During Photokina

Joby sent out a press release today warning consumers that there are counterfeit versions of its popular GorillaPod flexible tripod floating around in the wild. While that isn't too newsworthy in itself -- what gear isn't being counterfeited these days? -- it's the juicy details surrounding the release that are quite interesting. Apparently the company directly confronted companies involved in making imitations during Photokina 2012 in Cologne, Germany last month.

Olympus ex-CEO-Turned-Whistleblower Writes a Book About the Scandal

It was almost exactly one year ago that Olympus fired then-CEO Michael Woodford and started a chain of events that culminated in one of the largest financial scandals in Japanese history. Woodford received an incredible amount of international attention for his role in the saga, since he was one of the highest ranking executives ever to turn into a whistleblower.

Shutterfly Gobbles Up Another Camera Company Photo Sharing Site

Shutterfly is making a habit of gobbling up photo sharing services that camera companies no longer want to run. Less than half a year after acquiring Kodak Gallery from Kodak for a meager $23.8 million, Shutterfly has now taken another photo site off the hands of a company very similar to Kodak: Fujifilm. The Japanese imaging company has agreed to dump its photo sharing and printing business SeeHere into Shutterfly's lap, shutting down the service on November 8, 2012.

Best Buy Says It Will Match Online Prices This Holiday Season

Best Buy has been struggling in recent years as consumers have increasingly looked to the Internet for their gadget shopping needs. It's quickly gaining a reputation of being a place where people "try before they go home and buy online" (known as "showrooming") If you've been using the store as your personal camera showroom and are in the market for a new camera, you might want to bring your wallet the next time you visit: Best Buy is planning to extend its price match policies to online …

Hasselblad Trying to Combine Swedish Craftsmanship with Italian Design

Hasselblad surprised the photo world last month by announcing the Lunar: a hyper-luxury mirrorless camera with an opulent exterior and a Sony NEX-7 at its core. To say it wasn't well received would be an understatement; photographers immediately mocked the camera's over-the-top design -- it's decorated with gold and precious metals -- and the fact that it will carry a price tag $5,000 more than the camera it's based on.

Polaroid Once Won an Epic Courtroom Battle with Kodak

Here's an interesting piece of photo trivia for today: did you know that Apple's similarities with Kodak don't end with Steve Jobs modeling his career and his company after Polaroid? The ongoing dispute between Apple and Samsung is strikingly similar to the battle Polaroid had with Kodak many decades ago.