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.
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.
It’s fascinating to look back over my 10+ years as a wedding photographer and see the evolution the industry has gone through. That’s not to mention all the drastic changes that happened before my time. It makes one wonder what it will be like to be a wedding photographer in the future.
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.
Another week, another public relations nightmare for Adobe. While not every controversy is Adobe's fault, each is understandable in the larger context: Adobe lost people's trust a while ago, and everything it does is under a microscope.
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.
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.
Throughout photographic history, few cameras have had the kind of defining influence that can compare to the original Barnack Leica. It’s only natural that the industry of the time would react impulsively to the arrival of such a new, exciting, and innovative breed of camera – which is exactly what happened.
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.
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?
Camera sales have been on the up for several years now but that was mostly in contrast to how poorly the industry fared during the height of the pandemic. But this time, a research firm in Japan reports that the industry will grow for the first time in over a decade.
Less than a week after Nikon closed its acquisition of RED, the company tells PetaPixel that it has begun moves to advance its position in cinema and leverage its new partner.
Nikon announced on March 7 that it had entered an agreement to purchase RED. Now, Nikon's huge acquisition is officially complete, just in time for Nikon's NAB 2024 appearance.
An organization committed to exposing climate failures at large companies has called out Canon again, citing the camera company's lack of public targets concerning the use of renewable energy and emissions reductions.
According to Canon's 2024 corporate strategy, the Japanese camera behemoth has several goals for the next two years, not the least of which is to "achieve overwhelming number one share in mirrorless camera market."
Chinese lens manufacturer Vazen has shut down less than five years after optical engineer Weizhen Liu founded it.
The Associated Press (AP), winner of 58 Pulitzer Prizes and one of the world's most essential and significant news agencies, has named veteran photojournalist Lucy Nicholson its next Director of Photography. Nicholson is the first woman ever to assume the role.
Leica's continued focus on premium and luxury products appears to be working very well as the company has set a new sales record.
The annual BCN Awards provide a reasonably good indication of what cameras and lenses proved popular in the year past, and the BCN Awards 2024 show that some familiar faces sold a lot of photography equipment last year.
The Los Angeles Times reports that it has begun laying off employees on Tuesday, with at least 115 newsroom staff slated to be let go. The cuts amount to more than 20% of the newsroom, which comprises writers, photographers, and other vital positions.
The BeBop Channel has filed a lawsuit in Massachusetts against Ziplin Group, LLP and its owner, Jeffrey Wolk, over BeBop's acquisition of Madavor Media early last year.
Despite Samsung, OnePlus, Google, and others heavily emphasizing folding smartphones, the hardware remains widely unpopular and make up barely 1% of the entire smartphone market.
Panasonic Connect Co., Ltd. and Panasonic Entertainment & Communication Co., Ltd. (PEAC) announced that they are reorganizing by consolidating the Professional AV business and Panasonic Visual Co., Ltd. Panasonic explains that this move is in response to the ever-growing video content creation market.
Adobe and Figma started the week by halting their $20 billion merger. Adobe had to pay Figma $1 billion for the acquisition termination.
After 15 years of publishing photography industry news, the Australian website Inside Imaging has announced that it is shutting down.
Adobe has abandoned its $20 billion takeover bid for design platform Figma. The prolonged acquisition attempt has been wrought with regulatory opposition in the United States, European Union, and United Kingdom.
Adobe has capped its massive 2023 year with a record: it has achieved revenue of $5.05 billion in the fourth fiscal quarter, the first time it has exceeded $5 billion in a single quarter of the company's history.
Nearly half of the people who have bought the Panasonic Lumix S5 II and S5 IIX are in their 20s and 30s, much younger than Panasonic expected ahead of the cameras launching early this year.