Yesterday, Lensrentals announced that it had acquired "select assets" of BorrowLenses from Shutterfly, including the branding and assets. The company confirmed to PetaPixel today that it doesn't include employees or the physical San Carlos, California location.
The Madavor and BeBop saga has seemingly ended, thanks to a new settlement between Madavor's prior owner, Zilpin Group LLC, and the BeBop Channel Corporation. The settlement returns all BeBop-owned properties to Zilpin Group, LLC and cancels outstanding liabilities.
Lensrentals announced that it has acquired BorrowLenses from Shutterfly, further solidifying its position as the top online photo, video, audio, and lighting equipment rental company in the United States.
In a surprise announcement, Nikon has acquired U.S.-based cinema camera company RED which will become of a subsidiary of the Japanese photography giant.
Chinese lens manufacturer Vazen has shut down less than five years after optical engineer Weizhen Liu founded it.
Despite the threat posed by AI and general financial insecurities, the photography and videography markets are doing well, according to a recent report.
Leica's continued focus on premium and luxury products appears to be working very well as the company has set a new sales record.
Proposals are up and photographers are cashing in as American tourists flock to Paris, France to pop the question.
Meta's Reality Labs, the division responsible for its virtual reality endeavors, had its best quarter ever, but still lost more than $4 billion.
Capture One is undergoing what it characterizes as "significant changes" internally which has resulted in an unspecified number of layoffs at the company. It is at least the second round of turnover since it announced it was switching to a subscription model.
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.
Fujifilm took to YouTube to make a few announcements today, with the most notable being the announcement of an upcoming X-Summit. Slated for February 20 in Tokyo, it's poised to drop just days before the country's largest photography trade show.
Sports Illustrated, the foremost sports journalism outlet and purveyor of some of the world's best sports photography, has reportedly laid off many staffers.
An International Data Corporation (IDC) report shows that Apple has grabbed the top spot from Samsung in global smartphone shipments. This marks the first time since 2010 that a company other than Samsung has held the position, and the first time Apple has ever been number one.
It's no secret that the film and TV industries lack diversity, but in its latest announcement, Adobe is stepping up to offer support for underrepresented creators. The new Adobe Film & TV Fund aims to provide career support and growth to increase representation in film and television.
Following yesterday's coverage of Map Camera's best-selling lenses of 2023 roundup, the popular Japanese camera retailer has also published a breakdown of last year's 10 most popular new and used cameras.
Map Camera, one of the largest photography retailers in Japan, has published its list of the 10 best-selling lenses of 2023 and the results are somewhat surprising.
The CEO of MPB Photographic has predicted that the second-hand camera market will have a bountiful year in 2024 thanks to the sky-high prices attached to flagship cameras.
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.
After 15 years of publishing photography industry news, the Australian website Inside Imaging has announced that it is shutting down.
At a marketing event in Taipei earlier this month, Ricoh executives answered wide-ranging questions about Pentax's strategy, including the status of the company's DSLR cameras and its highly anticipated film camera revival.
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.
Instax already constitutes a majority of Fujifilm's imaging business revenue but the company plans to push emphasis on its instant film it even more. It wants to see sales increase to $1.04 billion, or 15% year-over-year growth, by fiscal year's end.
The Australia-based Rode acquired U.S.-based Mackie, a high-end professional audio brand most widely known for its audio mixers that primarily serve musicians and recording studios.
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.
A Japanese camera store has updated its sales floor and strategy in response to not only greatly growing demand but also consumer buying trends. It has also noted that what buyers want is becoming increasingly polarized.
After nearly two decades battling in court, lead plaintiff Mitch Goldstone, CEO and owner of the small film scanning business Scan My Photos, has bested major banks and credit card companies Visa and Mastercard.
The Competition and Markets Authority (CMA), the competition watchdog in the United Kingdom, has provisionally determined that Adobe's proposed $20 billion acquisition of Figma would be harmful to the marketplace.
After shuttering in 2017 and reviving in 2021 as an online-only magazine, Popular Photography -- colloquially known as PopPhoto -- has let go its last staff members and is effectively dead once again.
The president of Ricoh Japan, Kazuhiro Kimura, has resigned after an internal investigation found that he violated company's code of conduct by pressuring a woman to have an abortion.
Nikon has released its financial report for the most recent quarter, showing an overall positive growth trend for interchangeable lens digital cameras.
Skylum, the makers of Luminar Neo photo editing software, announced an expansion for its Luminar Adventures project by adding six new destinations over the next year.
Google's "About This Image" tool, announced last May during Google I/O, combs an image's metadata to find context and identify if it's an AI fake or not. The tool is now rolling out as part of Google's updated search tools.
After California signed its "Right to Repair" bill into law, tech giant Apple today has come out in full support of a nationwide federal law and is ready to share tools, parts, and documentation with consumers and repair shops.
A new tool created by a team at the University of Chicago can add undetectable pixels to images to help creatives protect their work from AI image generators by effectively poisoning (corrupting) the AI's training data.
Major United States chipmaker Western Digital (WD) is finalizing plans to "spin off its semiconductor memory business" and merge with Japanese company Kioxia Holdings Corporation.
German stock photography company EyeEm has been purchased by Freepik, a platform that provides images and other media.
