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Posts Tagged ‘sold’

Report: Kodak Alaris has sold off its paper and chemical division to its largest Chinese distributor

13 Jul

According to Australian photo industry publication Inside Imaging, Kodak has sold its ‘Paper, Photochemicals, Display and Software’ business unit to its largest Chinese distributor, Sino Promise Group (Sino also distributes Canon, Epson and Noritsu photo printers and scanners) and transferred its film business to its Kodak Moments business unit.

The confirmation from Inside Imaging comes on the heels of a report that an announcement of the proposed sale was distributed internally within the company.

Sino has been manufacturing Kodak photochemicals as well as silver halide photo paper and dye-sub paper destined for the Asia Pacific market in its Xiamen factory since 2015 and has been manufacturing Kodak medical X-ray film, industrial film, photographic film, photographic paper and photochemicals at its Wuxi factory since 2016.

A screenshot from the ‘About’ section on Sino Promise Group’s website.

We reported back in February 2019 Kodak Alaris was looking to offload its paper and film division, estimated to be worth roughly $ 34 million at the time. Kodak Alaris went so far as to say in its 2019 financial report (page 16) that it expected ‘the successful completion of the sale of [its] PPF business in the next year.’

According to Inside Imaging’s report, there were multiple entities interested in the division, including Sino, Eastman Kodak (separate entity from Kodak Alaris) and even Chinese film company Lucky Film. In the end, it was Sino Promise Group that sealed the deal. Sino Promise Group was originally planning to purchase more of Kodak Alaris than just the paper and chemistry business, says Inside Imaging, but ‘withdrew at the last minute […] due to concerns with the accounts of the document scanning business unit.’ There’s no information on exactly how much the final deal was worth.

We have contacted Kodak Alaris ourselves to independently confirm this information and will update accordingly if we receive a response.

Articles: Digital Photography Review (dpreview.com)

 
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The one that got away: the gear we sold – and now regret letting go of

25 May

The gear that got away

We’ve all been there. You needed some cash, or you went overboard trying to downsize your gear stash. Selling that camera or lens seemed reasonable at the time, but in the razor-sharp clarity of hindsight, you know now it was a terrible mistake.

Since misery loves company, we thought we’d share our own stories of the gear we let go and shouldn’t have and offer a space for you, reader, to share your tale of woe. Think of it as a kind of group therapy session.

So take a deep breath, count to five as you exhale, and read on. Leave a comment with your own story of the gear you let go of – we’ll be publishing a few of them in a follow-up article soon.

Richard Butler, Technical Editor

Photo by Richard Butler with DX Nikkor 18-70mm F3.5-4.5

I usually end up using cameras until they have little to no resale value, and I have no real regrets about selling my last DSLR. Oddly, though, I do regret selling the lens I bought it with. The DX Nikkor 18-70mm F3.5-4.5 wasn’t a great lens, in the grand scheme of things, but we’d been through so much together.

That lens: a longer and slightly faster alternative to the standard kit lenses was the thing that finally settled the Pentax vs Canon vs Nikon decision I’d been agonizing over for weeks (months, maybe). Over a decade of extensively using every maker’s cameras has just reinforced the idea that picking the right lens was more significant than trying to choose a ‘right’ brand.

It vignetted like crazy at 18mm F3.5, which was the setting the impetuous younger me used most often, but 70mm F4.5 was appreciably more useful than 55mm F5.6, and the sturdier build made me feel a bit more ‘serious’ and a bit more confident that it would survive my misuse.

I don’t have any use for a DX DSLR lens anymore, but as the lens I used every day, and that helped me appreciate the value of upgrading your everyday lens, I sometimes wish I’d held onto my Nikon ‘super kit lens.’

Dale Baskin, Editor

Photo by Dale Baskin, taken with the Canon S300 Digital ELPH.

The Canon PowerShot S300 Digital ELPH was my first digital camera, purchased in 2001. To be honest, I never really loved it, but that’s beside the point. I was planning a cross-country road trip and figured it would be a good opportunity to experiment with digital. Back then, choosing between a 2MP or 3MP sensor was a pretty big decision, but I ultimately decided the third megapixel wasn’t worth hundreds of dollars more, which is mostly how I ended up with the S300.

Off I went into the sunset shooting digital for the first time in my life. I loved the instant feedback and I have fond memories of uploading photos at night on a 28.8 Kbps modem. Good times. Eventually, I moved on to other cameras and sold the S300 to a guy who wanted to use it for SCUBA with a dive housing.

So why, after all these years, do I wish I still had it? For a simple reason: it was my first. We all have memories of various firsts in our lives: first kiss, first car, first time falling in love, etc. The S300 was the first camera that allowed me to shoot in a new way that would eventually change my life, influence my career and spawn adventures I never would have dreamed of so many years ago. I’ve thought about buying a used one for nostalgia, but it wouldn’t be the same. It could never be the same as my S300.

Carey Rose, Reviews Editor

Photo by Carey Rose, taken with Nikon 85mm F1.8 D

I got my Nikon 85mm F1.8 D lens in college chiefly because I had a D80 that produced pretty horrific images when you cranked the ISO. And I found I was cranking the ISO pretty often while photographing for the college rag in wintertime in Bellingham, Wash. The days (if you can call the interminable grayness ‘day’) provide only eight hours of light, and so often my cheap secondhand F2.8 zooms just didn’t cut it. The small, light, snappy 85mm quickly became a favorite.

Fast forward a few years, and the 85mm became a staple for my wedding photography, and may as well have been permanently glued to one of a pair of DSLRs. But as I was now making some of this thing called ‘money,’ I found myself taken by a lens that would of course be superior in every way: Nikon’s 85mm F1.4 D. I found one at a price I could stomach and promptly put the 1.8 up for sale.

Cue the regret and sad trombones. Turns out, though that F1.4 lens was optically fantastic, the autofocus was far slower than the F1.8 I had so carelessly cut loose. For everything I really liked shooting, from weddings to concerts to street photography, it made such a difference that I never used it anywhere near as much as its more humble cousin. And with today’s modern sensors, I would happily trade the extra light for the extra focus speed. I still think about getting another F1.8 D someday.

Dan Bracaglia, Editor

Photo by Dan Bracaglia with the Fujifilm X100T.

The gear I most regret selling is my Fujifilm X100T. I purchased it when it first debuted in late 2014 and owned/loved it for two straight years; it was my go-everywhere, document-everything camera. But eventually I grew tired of using it and the images it produced and felt compelled to go back to shooting film in my free time. And so I sold off my X100T and replaced with a well-worn Leica M6 and went on happily shooting for another few years. But eventually I too tired of film’s limitations and once more craved the freedom of a lightweight personal digital camera.

Fortunately by the time that feeling crept it dawned on me: it’s OK to switch back and forth between film and digital for personal work. And so this time I held on to the M6 and picked up an also well-used X100F to satisfy my digital cravings. These days I still love and shoot with both as my personal cameras (along with a few other film buddies) and I’ll never be so quick to sell off gear again.


Sound familiar? Share your story of the gear you regret letting go of in the comments below – we’ll pick our favorites to include in a follow-up article.

Articles: Digital Photography Review (dpreview.com)

 
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Nikon confirms some counterfeit EN-EL15b batteries were sold by authorized retailers

29 May

Last week, B&H Photo began emailing customers who had purchased Nikon EN-EL15b rechargeable Li-ion camera batteries, advising these buyers that they may have received units from a ‘subpar batch.’ The company didn’t elaborate on what subpar meant in this instance, but did state that it would replace all Nikon EN-EL15b batteries it had shipped because it couldn’t determine which customers had received the bad units.

Following a leak that claimed as much, Nikon has confirmed counterfeit EN-EL15b batteries have been sold by authorized retailers to some of its camera owners. In a statement to DPReview, a Nikon spokesperson said:

We have been made aware that some customers who purchased individual EN-EL15b batteries from authorized Nikon retailers received defective product. These batteries are not genuine and were not manufactured or distributed by Nikon USA. Concerned users can find a guide for determining if the battery they have purchased is a genuine Nikon battery at this link.

Counterfeit batteries may be poorly constructed and cause damage to the camera hardware; lithium-ion batteries are known to be volatile and counterfeit units are particularly prone to overheating, which may result in fire or explosion. In addition to the fake EN-EL15b batteries, Nikon says it has been alerted to other counterfeit batteries intended for its hardware, including fake versions of its EN-EL11, EN-EL10, EN-EL9a, and others.

Nikon customers who have purchased camera batteries from third-party sources can evaluate their products for signs of being counterfeit using Nikon’s guide. Indications may include font differences in the logo and text on the battery and the possible inclusion of the battery model number on the front of the batteries.

B&H Photo encourages its customers to recycle the EN-EL15b batteries they received from the retailer. These customers will receive free authentic replacement batteries from B&H, which will send both order processed and shipment emails to the customers.

Articles: Digital Photography Review (dpreview.com)

 
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Nikon is now bundling its FTZ mount adapter with Z6, Z7 cameras sold in the US

19 Mar

As first reported earlier this week, The Nikon FTZ mount adapter will now be included for free with the purchase of all Z6 and Z7 cameras in the United States.

Nikon’s FTZ mount adapter usually retails for around $ 250 on its own and cost just $ 150 when bundled with the Z6 or Z7 camera, but now it’s being offered free of charge at multiple retailers, including Adorama (Z6, Z7), B&H (Z6, Z7) and Amazon (Z6, Z7).

A screenshot of the deal as seen on Adorama.

Again, this deal is limited to the United States for the time being. DPReview has contacted Nikon to see where else, if anywhere, this deal is being offered. The article will be updated accordingly if DPReview gets a response.

Articles: Digital Photography Review (dpreview.com)

 
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RED’s Raven Camera Kit is now sold exclusively through Apple

02 Aug

Cinema camera company RED has teamed up with Apple to offers its ‘affordable’ (relatively) RED Raven Camera Kit exclusively through Apple’s online store. Interested buyers may be able to head over to their local physical Apple retail store to see demonstrations of the camera, as well, though RED says that only ‘select’ locations are offering demos.

The camera kit is described as being a ‘complete handheld camera package’ that includes the RED Raven 4.5K camera BRAIN alongside accessories, storage, a lens, and software.

The Raven 4.5K is notable as RED’s most compact BRAIN offering at 3.5lbs/1.6kg, according to the company, as well as being one of its most affordable models—the entire camera kit is priced at $ 15,000 USD. RED President Jarred Land described the Raven Camera Kit in a statement today as being a “ready-to-shoot professional package.”

With this camera, users are able to shoot REDCODE RAW (R3D) footage at a 4.5K resolution at up to 120fps or 2K footage at up to 240fps.

The RED Raven Camera Kit includes:

  • RED Raven 4.5K camera BRAIN
  • RED DSMC2™ Touch LCD 4.7” Monitor
  • RED DSMC2 Outrigger Handle
  • RED V-Lock I/O Expander
  • RED 120 GB RED MINI-MAG®
  • Two IDX DUO-C98 batteries with VL-2X charger
  • G-Technology ev Series RED MINI-MAG Reader
  • Sigma 18-35mm F1.8 DC HSM | Art
  • Nanuk heavy-duty camera case
  • Final Cut Pro X
  • foolcontrol iOS app for Raven Camera Kit

The RED Raven Camera Kit is available from Apple.com now.

Press Release

RED Digital Cinema’s RED RAVEN Camera Kit Now Available Exclusively Through Apple.com

This Professional Package Includes Everything Cinematographers Need to Start Shooting, Including Lens, Media, Batteries, Software and More

IRVINE, Calif. – RED Digital Cinema® announced today that its RED RAVEN® Camera Kit is now available exclusively through Apple.com and available to demo at select Apple Retail Stores. This complete handheld camera package features a diverse assortment of components from some of the industry’s top brands, including:

  • RED RAVEN 4.5K camera BRAIN
  • RED DSMC2 Touch LCD 4.7″ Monitor
  • RED DSMC2 Outrigger Handle
  • RED V-Lock I/O Expander
  • RED 120 GB RED MINIMAG
  • Two IDX DUO-C98 batteries with VL-2X charger
  • G-Technology ev Series RED MINIMAG Reader
  • Sigma 18-35mm F1.8 DC HSM | Art
  • Nanuk heavy-duty camera case
  • Final Cut Pro X
  • foolcontrol for RAVEN Camera Kit

The RED RAVEN Camera Kit is available for $ 14,999.95. Customers can buy this package or learn more at Apple.com and select Apple Retail Stores.

“We are very excited to work with Apple on the launch of the RED RAVEN Camera Kit, available exclusively through Apple.com,” said Jarred Land, President of RED Digital Cinema. “The RED RAVEN Camera Kit is a ready-to-shoot professional package that gives content creators everything they need to capture their vision with RED’s superior image capture technology.”

The RAVEN 4.5K is RED’s most compact camera BRAIN, weighing in at just 3.5 lbs. This makes it a great choice for a range of applications including documentaries, online content creation, indie filmmaking, and use with drones or gimbals. The RAVEN is equipped with a 4.5K RED DRAGON sensor, and is capable of recording REDCODE RAW (R3D) in 4.5K at up to 120 fps and in 2K at up to 240 fps. RED RAVEN also offers incredible dynamic range, RED’s renowned color science, and is capable of recording REDCODE RAW and Apple ProRes simultaneously—ensuring shooters get the best image quality possible in any format.

The RED RAVEN Camera Kit also includes Final Cut Pro X which features native support for REDCODE RAW video, built-in REDCODE RAW image controls, and the most complete ProRes support of any video editing software. Together with the free RED Apple Workflow software, Final Cut Pro allows professional video editors to work quickly and easily with RED RAVEN footage on MacBook Pro, iMac, and Mac Pro systems.

All RED cameras feature a modular design that empowers customers to dial in their ideal configuration for any production environment. Customers looking to outfit their RAVEN with additional accessories should go to www.red.com.

Articles: Digital Photography Review (dpreview.com)

 
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Panono no more: 360-degree camera maker sold after ‘amazing but also exhausting journey’

05 Jul
Jonas Pfeil demonstrates the size and design differences between the working prototype Panono camera (right) and the design model of the final production unit (left). In a letter to backers he has confirmed that the company is to be sold, after only delivering around 400 cameras.

It’s official: Panono, maker of an innovative 360-degree camera, is to be sold after only managing to deliver around 400 cameras to its backers. The company filed for bankrupcy in May, but in a letter to backers, co-founder Jonas Pfeil has confirmed that the sale of Panono’s assets is expected to be finalized very soon.

As he explains, ‘assets’ in this context means ‘inventory, software, the rights to the hardware, almost all employee contracts, IP rights etc., […] but not the obligations towards external parties’. External parties like the Indiegogo backers that funded the Panono camera. In other words: if you backed Panono and you didn’t get your camera yet, you’re officially out of luck.

Thanking backers for their support and understanding, Pfeil called the experience ‘an amazing but also exhausting journey’. He stressed that, as shareholders, ‘the [outgoing] founders will […] not profit from this sale, as the money will be used by the insolvency administrator to pay outstanding invoices and other debt first.’

Meanwhile, there’s some good news for the 400 or so backers that did get their cameras – after some initial uncertainty, it seems that the cloud service supporting the device will continue to be maintained.

We really liked the Panono when we tested it last year, and we’re sorry to see it go. Were you one of the backers? Did you receive a camera? We’d like to hear from you.

Read our review of the Panono 360-degree camera (July 2016)

Articles: Digital Photography Review (dpreview.com)

 
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Polaroid sold to new owner

13 May
Photo by Martin Martinsson licensed under Creative Commons

PLR IP Holdings, LLC, the company that owns the Polaroid brand, is under new ownership. Wiaczeslaw (Slava) Smolokowski is a Polish investor and businessman who owns a majority share in the Impossible Project, the company that continues to produce Polaroid’s legacy instant film. A press release issued today mentions that Polaroid headquarters will remain in Minnesota and maintain its Hong Kong and New York City offices, with ‘plans for expansion into other international offices.’

Polaroid first filed for Chapter 11 bankruptcy in 2001. It was acquired in 2005 by Petters Group Worldwide, but more trouble followed and the brand filed for Chapter 11 again in 2008. It was acquired as a joint venture by Hilco Global and Gordon Brothers in 2009. Since then, the company has overseen licensing of its name on a range of digital cameras and accessories, from colorful action cams to an ill-advised Nikon 1 imitator. 

Polaroid Acquired by New Ownership Group

Minneapolis, MN—May 12, 2017— PLR IP Holdings, LLC, the owner of the Polaroid brand and related intellectual property, has been acquired by a group of investors led by the Smolokowski family. The new owners acquired 100% of the shares, effective May 5, 2017, from the Pohlad family, Gordon Brothers, Hilco Global and others.

The lead investor in the new ownership group, Wiaczeslaw (Slava) Smolokowski, is a Polish businessman and investor with holdings in the energy, biotech and real estate sectors. He is the cofounder of Mercuria Energy Group Limited, one of the world’s largest commodity trading houses.

Mr. Smolokowski is also the majority shareholder of The Impossible Project, the company that purchased the last remaining Polaroid factory in 2008 and continues to manufacture instant film for legacy Polaroid cameras.

Polaroid is an iconic brand known the world over for pioneering and perfecting instant photography – both in the analog and digital eras. 2017 marks the 80th anniversary of the venerable company’s founding. Today, Polaroid products are sold in over 100,000 retail stores in more than 100 countries throughout the world.

“I’d like to thank the outgoing board members and shareholders for their outstanding leadership and support over the last several years,” said Scott Hardy, President and CEO of Polaroid. “Under their stewardship, we achieved the tremendous growth and success that has led us to where we are today. We are also very pleased to welcome the new ownership group to the Polaroid family, and excited to begin writing the next chapter in the story of the Polaroid brand.”

“We are very pleased that this strategic transaction unites the Polaroid brand with its heritage – a move that’s exciting for both the buyer and the Twin Cities-based Polaroid team,” said Jann Ozzello Wilcox, chief investment officer for the Pohlad organization. “It was important to us that the headquarters remain here, and that management and the employees not only retain, but expand their roles with the new owner’s exciting plans for the brand’s future.”

“The transformation Polaroid has achieved is a credit to the brand’s strength. We’re proud to have been a part of it and know it will be in good hands under its new ownership,”said Ken Frieze, CEO of Gordon Brothers.

Polaroid’s headquarters and management team will remain in Minnetonka, Minnesota. The company also maintains offices in New York City and Hong Kong, with plans for expansion into other international offices.

Articles: Digital Photography Review (dpreview.com)

 
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Design Copyright Debate: Cheap Replica Eames Chairs Sold for 90% Less

09 Jun

[ By WebUrbanist in Design & Furniture & Decor. ]

discount famous chair design

Seated at the center of a new design-related copyright conversation, a series of Eiffel chairs sold by discount superstore Aldi has designers arguing on both sides.

The chairs in question look significantly like the DSW Eames Plastic Chair (designed by Charles and Ray Eames in 1950), currently made by copyright holders Vitra in Switzerland.

eiffel eames chair copy

Critics point out that Aldi has been caught doing this before, selling things like Mies van der Rohe’s Barcelona Chair on countries where it can avoid copyright entanglements, either because the copyrights have expired or replicas are permitted by law.

Defenders of the discount retailer argue that the entire point of these plastic chairs was to create something cheap, comfortable and easy to mass produce. In other words: the fact that replicas sell for 40 GBP and licensed remakes sell for ten times that goes against the intent of the designers.

Either way, Aldi seems to way to stay out of the fray, perhaps planning to hide behind slight design differences when it comes to the structure, materials and details of the seats.

eamges moled chair original

In some places, like the United Kingdom, changes to laws have been proposed or are in the works, which may provide additional protections for rights holders now and into the future.

There is a larger question at work here though too: how close do designs have to be for them to risk creating intellectual property controversies? There are, after all, only so many ways to plan, design and construct a chair for a human occupant. These days, so many 3D models of seats have been uploaded to programs like SketchUp and it is easier than ever to simply cut, paste and print a copy of one’s own on a 3D printer.

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[ By WebUrbanist in Design & Furniture & Decor. ]

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Camera from NASA’s moon missions sold at auction

24 Mar

Screen_Shot_2014-03-24_at_9.37.06_AM.png

A Hasselblad camera claimed to have been used by U.S. astronauts on the moon sold on at auction in Vienna for nearly $ 1 million, despite questions as to the veracity of its travels. The WestLicht Photoraphic Auction in Austria reported the camera, a Hasselblad Electronic Data Camera, sold for €550,000 (€660,000 with the buyer’s premium which is about $ 910,400) and was won by Japanese businessman Terukazu Fujisawa. Learn more

News: Digital Photography Review (dpreview.com)

 
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12 March, 2014 – How Photographs Are Sold

12 Mar

Alain Briot a Luminous-Landscape regular contributor offers a new essay today How Photographs Are Sold: Stories and Examples Of How Fine Art Photographers Sell Their Work.  This article serves as an introduction to his new book that consists of stories told by Alain and by seven guest photographers. The stories come from Alain’s experience selling his photographs for twenty years. Alain’s books as well as his knowledge on fine art photography make this a must have addition to your library.

 

You can win an all-expenses paid photographic expedition to Antarctica, along with air fare from anywhere in the world. The value of this prize is $ 15,000.

The Luminous Landscape wants you to try any of our more than 60 training or travel videos and our new free video player. Each purchase is an entry, and an annual subscription that includes all previous as well as new videos counts as six entries. The winner of a free lifetime subscription is also chosen from each month’s entries.

 FIND OUT MORE

 

 


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