CIPA recently published its year-to-date photography industry statistics for January through June, showing not only that for the first half of the year, camera and lens shipments are up compared to 2023 and 2024, but also that the Chinese market is playing an increasingly important role in the camera industry. [Read More]
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. [Read More]
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. [Read More]
As camera makers struggle to innovate, consumers are finding little need to upgrade. The market is slowing to the point of inertia—manufacturers need to take a left field approach to stay competitive.
Canon recently released its fiscal year 2025 financial results, which are primarily positive for the company's substantial imaging division. Total sales for the imaging business unit were up year over year, and Canon expressed optimism about the state of the photography industry. [Read More]
Edward Burtynsky has been photographing human industry for decades and a new show focuses on China's evolving role in global manufacturing. [Read More]
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. [Read More]
This week, Adobe announced the public release of Adobe Firefly, the company's generative artificial intelligence platform, and updates to Premiere Pro. Adobe has also announced a price hike for Creative Cloud subscription plans and record revenue for its third fiscal quarter this year. [Read More]
Nearly three months after DPReview announced its imminent shutdown, and more than two months after DPReview was initially slated to shut down and go offline, the beloved publication has found a new lease on life. [Read More]