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Canon is temporarily shutting down five of its factories due to supply shortages caused by COVID-19

02 Mar
A factory worker inside Canon’s Utsunomiya factory (not one affected by these closures) works on a telephoto prime lens.

Canon has announced it will be suspending operations at five of its plants on Japan’s Kyushu island due to supply shortages from China caused by COVID-19 (Coronavirus).

The five factories, located in the Oita, Miyazaki and Nagasaki prefectures, produce cameras and other photographic gear. The manufacturing facilities will shut down from March 2 to March 13, with Nikkei (translated) reporting these missed production days will be made up at a later time in the year when the supply of parts is more stable.

DPReview has contacted Canon for more details on what products these closures will affect. We will update this article accordingly if we receive a response.

Articles: Digital Photography Review (dpreview.com)

 
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Shutterstock founder Jon Oringer is stepping down from his role as CEO

14 Feb

Jon Oringer, founder of stock image company Shutterstock, has announced plans to step down from his current role as CEO after 16 years. Oringer won’t be leaving the company, however; he’ll transition to a new role as Executive Chairman of the Board. Stan Pavlovsky, Shutterstock’s current President and COO, will take over the role of CEO starting on April 1.

Oringer announced the news in a Medium post on Thursday, explaining that Shutterstock has ‘reached a pivotal juncture in our growth trajectory […] our business has grown and evolved to a point where we could all benefit from a CEO that has a different set of skills than I have.’

Shutterstock was launched in 2003 out of Oringer’s small New York City apartment and the company has managed to be profitable every year since. Pavlovsky joined the company in 2019, bringing what Oringer says is ‘the ideal skill-set and mind-set to take our business to the next level and it is all of these qualities that gave us the confidence to elevate him to COO, President, and now CEO.’

The news comes alongside Shutterstock’s Q4 2019 financial results, which reveal that the company made $ 166.4 million in revenue, a 3% increase over the same quarter in 2018. However, the company’s net income dropped by 63% to $ 20.1 million in 2019. Over the last few years, Shutterstock has seen its market cap drop from a 2014 peak at around $ 3.5 billion down to less than $ 2 billion.

Articles: Digital Photography Review (dpreview.com)

 
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Coronavirus shuts down World Mobile Conference smartphone exhibition

13 Feb

Fears around the global spread of the Coronavirus have led organizers of the world’s largest smartphone exhibition to pull the plug on the show just days before it was due to open. The Mobile World Congress was due to run from the 24th -27th February in Barcelona, Spain, but after a number of exhibitors pulled out of the show a statement was released to say that going ahead with the event was ‘impossible.’

With a large part of the smartphone industry based in the Far East close to where the virus was first detected and where the most infections have been reported, fears had grown in the industry that the coming together of so many people could become a health hazard. Only a few days ago the GSMA, the owners of the show, issued a statement that said MWC would be going ahead and listed all the precautions organizers would be taking to minimize risk to exhibitors and visitors alike. Precautions included a ban on people from the Chinese Hubei province and anyone having visited China in the previous two weeks. In the end though, the risks were seen as too great to those attending and to the population of Barcelona itself.

A truncated section of the full statement currently visible on the MWC homepage.

The show had expected to attract more than 109,000 visitors for its 2400 exhibitors, including businesses, the public and international press. The next GSMA Mobile World Congress is due to be held at the end of June in Shanghai, with a further show in Los Angeles in October. Whether these events go ahead remains to be seen, but there must be a great deal of doubt over the Shanghai exhibition as it is only four months away and movement within China is extremely restricted at the moment.

Doubt must also be cast over the CP+ photography equipment exhibition that is due to be held in Yokohama, Japan, from the 27th February. This is also now an international show that attracts exhibitors from all nations that manufacturer camera equipment. According to the CP+ website, last year’s show brought in exhibitors from 120 countries and almost 70,000 visitors. Currently, the exhibition’s website has no obvious mention of the coronavirus and doesn’t list precautions organizers will be taking to secure the health of those attending. The Diamond Princess cruiseship, quarantined with 3600 passengers and crew still aboard after the infection spread to 175 people, is docked in Yokohama harbour close by.

To find out more about the Barcelona World Mobile Conference and the 2021 exhibition see the GSMA MWC website.

Press release:

GSMA Statement on MWC Barcelona 2020 from John Hoffman, CEO GSMA Limited

12 February 2020, Barcelona: Since the first edition of Mobile World Congress in Barcelona in 2006, the GSMA has convened the industry, governments, ministers, policymakers, operators and industry leaders across the broader ecosystem.

With due regard to the safe and healthy environment in Barcelona and the host country today, the GSMA has cancelled MWC Barcelona 2020 because the global concern regarding the coronavirus outbreak, travel concern and other circumstances, make it impossible for the GSMA to hold the event.

The Host City Parties respect and understand this decision.

The GSMA and the Host City Parties will continue to be working in unison and supporting each other for MWC Barcelona 2021 and future editions.

Our sympathies at this time are with those affected in China, and all around the world.

Further updates from the GSMA, are on our website and can be found on www.mwcbarcelona.com.

Articles: Digital Photography Review (dpreview.com)

 
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Lensrentals gets risky while tearing down the Nikon Z 24-70mm F2.8 zoom lens

18 Jan

Image credits: Photos published with kind permission from Lensrentals.


Over on ‘The Desk of a Humble Genius,’ Roger Cicala of Lensrentals has ‘finally’ taken apart the Nikon Z 24–70mm F2.8 lens and shared both his insights and images from the experience.

As the original title of the teardown, ‘Lens Disassembly is a Complicated Profession. Don’t You Agree?,’ alludes to, this particular disassembly proved to be a challenging one, which par for the course with Nikon lenses, according to Roger. In his own words, Roger says ‘Nikon lenses have always been a bit “old fashioned” and different from other SLR lenses,’ but this review comes with a very clear warning to ‘not get your lens and screwdriver and follow along at home,’ because ‘Bad things might happen. Bad. Things.’

The teardown starts off with what is about the only negative thing Roger has to say about the lens—the felt around the lens hood, which he feels peels up too easily isn’t up to the quality of the rest of the lens.

From there, it’s onto the mount, which was dissected one screw and ribbon cable at a time. Upon removing the mount itself, Roger noticed it was particularly difficult to get off. This was due to an inner lip that rests against the rear barrel of the lens. Roger says ‘This might be to keep the bayonet centered, for a dust seal, to provide a little extra strength, or just because it looks cool,’ but notes regardless of the exact reasoning, ‘it seems like an all-around good idea.’

Moving along, Roger removed the rear piece of the lens barrel to reveal the A/M focus switch and the optical sensor the control ring uses. Each piece removed reveals a healthy amount of weather sealing gaskets, as well as numerous electrostatic discharge (ESD) cushions under the exterior of the lens.

With the rear barrel off, Roger gets into the internals of the lens, which proved to be a pleasant surprise. In his own words:

‘OK, let’s take a moment for me to give some props. Forever, during Nikon tear-downs, I’ve made snarky comments about the old-fashioned look they have inside; soldered wires here and there, flexes wandering aimlessly, random secondary circuit boards, etc. Well, no more. Look at this engineering right here: neat flexes running directly where they’re heading placed in recessed channels in the barrel and thoroughly taped in place. Superb! Nikon has clearly modernized and spent time and effort in making a clean, well-engineered layout for the electronics. I’ve been asking for that for years, and Nikon delivered.’

The PCB itself also proved to be quite minimal, at least compared to the one found inside the Canon RF 70–200mm F2.8 lens Roger tore down a few weeks back. In the past, Nikon has used secondary circuit boards in the lenses to beef up the processing capabilities, but Roger notes there wasn’t another one inside this lens, suggesting the camera handles a generous amount of the processing power.

After a few other auxiliary bits, it was onto the removal of the next piece of the lens barrel. Unfortunately, this is where Roger and Aaron ‘ran into the “be careful what you wish for; you might get it” conundrum.’ It turns out one of those nicely-organized flex cables ran down to the display unit of the lens and refused to budge when attempting to lift the barrel.

A syringe full of rubbing alcohol isn’t something you usually want to see during a lens teardown.

‘Rule 63 of taking apart lenses is “thou shalt not tug a flex”; because tearing a flex is bad,’ says Roger in the teardown post. ‘[But] on Nikon lenses, because we can’t buy parts, tearing a flex is very bad.’ After countless attempts to use different means of removing the flex cable to avoid tugging, Roger and Aaron decided they were sick of holding off lunch and decided to use a little rubbing alcohol in a syringe to ease the adhesive from the back of the ribbon cable. After a little bit of pulling, the barrel was off and they were on their way.

Roger hits on a number of other interesting tidbits about the buttons on the lens and the unusually-bright neon-yellow tape strategically-placed throughout the lens. The zoom barrel proved to be weather-sealed incredibly well and the zoom position sensor Nikon uses is an upgrade from the traditional metal brushes it’s used in the past.

The remainder of the lens disassembly proved to be a doozy, with excellent build quality proving time and time again to be a double-edged sword for Roger, who seemed to be as challenged as he was impressed.

While we’ll leave the rest of the humor, photos and details to Roger in his full write-up, here are a few other notable details discovered throughout the remainder of the teardown process:

  • Breaking the front filter thread of the lens is going to be a very expensive fix, as the entire front barrel is a single piece, rather than a piece simply held on with a few screws.
  • Aaron had to put on gloves during the assembly, which in Roger’s own words means ‘shit’s getting real’
  • The aperture diaphragm assembly is a combination mechanical/electronic aperture with very tight tolerances

When all was said and done, this teardown proved to be the longest ever—and that’s before Aaron had to piece it all together. The good news is, it (mostly) took so long because Nikon went above and beyond when engineering this lens.

Roger says these new Nikon Z lenses are a far cry from their F-mount counterparts and much like Canon’s RF lenses, are likely completely new optical designs made in-house. He notes ‘The engineering itself is incredible in most ways [and] the neatly laid out and solidly adhered flexes reflect the careful design.’

To see all of the images and read more in-depth knowledge shared by Roger, head on over to the Lensrentals blog.

Articles: Digital Photography Review (dpreview.com)

 
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Lensrentals breaks down its most-rented photo and video gear of 2019

21 Dec

As it’s done for the past few years, Lensrentals has rounded up its most-rented photo and video gear of the year, breaking down the most popular cameras, lenses and accessories in rotation.

The data Lensrentals provides isn’t necessarily valuable for judging the photography industry as a whole, but as noted by a Lensrentals spokesperson in an email to DPReview, it is ‘the largest inventory of photography and cinematography equipment for online rental in the U.S. [and its] annual list has become somewhat of a barometer of the equipment creatives are creating or experimenting with.’

The full collection of data is available to peruse on Lensrentals’ website, but we’ve rounded up a few key insights worth pointing out.

First up, these are the top overall rental products for the 2019 year:

  1. Canon 24-70mm f/2.8L II
  2. Canon 5D Mark IV
  3. Canon 70-200mm f/2.8L IS II
  4. Sony Alpha a7 III
  5. Canon 70-200mm f/2.8L IS III
  6. DJI Ronin-S 3-Axis Gimbal Stabilizer
  7. Canon 35mm f/1.4L II
  8. Sony FE 70-200mm f/2.8 GM OSS
  9. Sony FE 24-70mm f/2.8 GM
  10. Canon 50mm f/1.2L

Year over year, not much has changed. In fact, Canon’s 50mm F1.2L lens, released in 2007, is still in the top ten list more than a decade later and the top three products remain unchanged from last year (although the Canon 5D Mark IV and 70-200mm F2.8L IS II did swap spots). Additionally, the 5D Mark III still remains in the top 25 most rented products, despite being over seven years old.

As for whether DSLR or mirrorless cameras proved more popular, it turns out it was almost split down the middle. According to Lensrentals, mirrorless and DSLR cameras accounted for 49.78% and 50.22% of rented cameras, respectively. This is a dramatic increase (21%) for mirrorless cameras compared to last year, where mirrorless cameras accounted for just 29% of rentals.

On the topic of mirrorless, Sony’s E-mount still rules the roost, with 26% of total rentals. Canon’s RF and Nikon’s Z systems remain dramatically behind at 4.91% and 2.26%, respectively, but year-over-year the RF and Z systems have increased rental volume by 600%.

Below are a few more breakdowns, provided to us by Lensrentals:

Top five lens rentals by system 2019

1. Canon EF 45.5% (up 1.5%)
2. Sony E 23.9% (up 18%)
3. Nikon F 14% (down 1.5)
4. Micro Four Thirds 7% (up 9.8%)
5. Fujifilm X 3.5% (up 14%)

Top camera rentals by system 2019

1. Canon EF 36.3% (down 7.5%)
2. Sony E 27.1% (up 7.4%)
3. Nikon F 13% (down 8%)
4. Micro Four Thirds 9.23% (down 7%)
5. Fujifilm X 4.3% (up 16.7%)

Top lens rentals by brand 2019

1. Canon 35.84% (up 5.5%)
2. Sony 15.4% (up 14%)
3. Sigma 13.9% (up 17%)
4. Nikon 8.8% (up 12%)
5. Tamron 4.3% (up 21.8%)

Top camera rentals by brand 2019

1. Canon 36.2% (up 1%)
2. Sony 26.2% (up 8%)
3. Nikon 9.7% (up 6.1%)
4. Panasonic 7.66% (up 2.8%)
5. BlackMagic 4.8% (up 130%)

Top five NEW products 2019

  1. GoPro HERO7 Black
  2. Blackmagic pocket cinema camera 4K (the 6K made the top 20 list)
  3. Sony FE 24mm f1.4 GM
  4. Sony Alpha 6400
  5. Nikon Z6

Overall, things remain mostly consistent, aside from movement within the full-frame mirrorless market, which is still in its infancy for both Canon and Nikon. You can dig deeper into all the information over on Lensrentals’ blog post and check out the 2018, 2017 and 2016 posts as well.

Articles: Digital Photography Review (dpreview.com)

 
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Kodak will shut down its Kodakit on-demand photography service in January

16 Dec

On December 12, Eastman Kodak announced that it is ending Kodakit, its service for connecting photographers with new gigs. In the announcement posted on the Kodakit website, Kodak says that it will wrap up the service’s operations by the end of January 2020. The company will terminate its Photographer Agreement effective after January 31, but it will continue to make outstanding payments as established by the agreement.

A notice about the end of operations appears on the Kodakit website when photographers attempt to sign up for the service. The same notice isn’t live on the Kodakit main page nor does it appear to have been announced on any of the service’s social media pages. The company doesn’t explain why it has decided to end the service, though heavy criticism from photographers may play a role.

The notice warns photographers that they will need to stop using any mention of Kodakit as part of their services after January 2020 and that they must continue to honor any confidentiality agreements. As well, photographers are told to deliver any outstanding work they have through Kodakit.

Articles: Digital Photography Review (dpreview.com)

 
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Down in Nuawluns: Nikon Z50 sample gallery

05 Dec

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We received a reviewable Nikon Z50 a couple of days before the Thanksgiving national holiday. This gave us a chance to take the camera, and the recently-announced Nikkor Z 24mm F1.8 S lens to New Orleans, Louisiana. It’s a city renowned for its music, its food and the unique character of its French Quarter. We took the Z50 out onto the streets of ‘Nuawluns’ to try to capture a little of its flavor.

Articles: Digital Photography Review (dpreview.com)

 
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Olympus issues statement disputing rumors its imaging division will shut down within a year

16 Nov

Last weekend, an administrator for a Personal View forum claimed ‘closure is near’ for Olympus’ camera division, spurring a number of rumors that Olympus would shut down within a year. Since then, Olympus’ has issued a statement to Sina Finance News (translated) that suggests these rumors are little more than hearsay.

The post was made by a Personal View adminitrator who goes under the username Vitaliy_Kiselev. It included two images of Olympus’ latest financial presentation and said underneath that Olympus’ camera division is in ‘total instability’ with various Olympus employee’s ‘running and looking for new positions.’

A screenshot of the forum post made on the Personal View forums on November 9, 2019.

Vitaliy_Kiselev went on to say in the post that ‘rumors and talks’ suggest Olympus’ camera division will shutter some time between ‘January-March,’ presumably this upcoming year, and ends by claiming there are talks ‘that [Olympus’] development team and some equipment can be picked either by Sony or Samsung.’

In response to the aforementioned post, Chinese financial publication Sina Finance News asked Olympus to comment on the rumors to confirm or deny their accuracy. Olympus’ official response was (machine-translated):

The image business has always been the driving force of technology, including imaging technology and mass production technology, for medical and The science field has made tremendous contributions. As stated in the new business strategy, since the imaging business and the scientific business are important businesses supporting the company, we will continue to work on the improvement of profitability and efficiency in these two business areas.

Sina Finance News followed up to further question what the plan was for Olympus’ imaging and scientific business considering there was no specific mention of either of these divisions in its most recent financial presentation material. In response, Olympus said (machine-translated):

Detailed information about these business plans can be found in the next quarter’s earnings.

While Olympus’ answers are vague, the statements suggest that Olympus is continuing efforts to keep its imaging division alive. It’s possible these statements aren’t in contention with the forum post made by Vitaliy_Kiselev, but it does seem much less damning than the initial reports suggest.

We have contacted Olympus regarding these rumors and will update this article with a statement if provided.

Articles: Digital Photography Review (dpreview.com)

 
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Kodak’s film business saw a revenue increase of 21% last quarter, but overall profit is down

12 Nov

Eastman Kodak has announced that revenue for its film business grew in the last quarter by 21%, offering a rare glimmer of positive news in a generally shrinking market. The growth though is somewhat tempered by the fact that the company made a loss of $ 5 million over all in the same period, and that total revenue was down compared to the same quarter last year.

Much of the company’s business is tied up in the industrial sector with specialist printing and graphics applications, and a deal with Chinese counterpart Lucky has seen it off-loading a printing plate factory in China while securing licence fees from Lucky for the use of Kodak technology. The deal also ensures that Lucky will provide services to Kodak so it can fulfil its own customer demand.

It would be nice to think that the uplift in the film business came from a rush in demand from enthusiast and professional stills photographers through sales to Kodak Alaris, but it is likely that it is the movie industry that is driving that growth. A number of recent big-budget films have been shot using Kodak stock including Once Upon A Time In Hollywood, Ad Astra and half of The Irishman – all of which have a run time of between 2 and 3 and a half hours. That’s a lot of film!

Hopefully this success will spur the company on to produce the 120 version of Ektachrome E100 that we’ve been waiting for since the summer.

For more information see the Kodak website.

Press Release:

Kodak Reports Third-Quarter Revenue of $ 315 Million and Growth in Key Product Areas

ROCHESTER, N.Y.–Eastman Kodak Company (NYSE: KODK) today reported financial results for the third quarter 2019, including a net loss of $ 5 million on revenues of $ 315 million and growth in key print and film product areas.

Highlights include:

GAAP net loss of $ 5 million for the quarter ended September 30, 2019, compared to GAAP net earnings of $ 19 million for the quarter ended September 30, 2018.

Revenues for Q3 2019 of $ 315 million compared to revenues for Q3 2018 of $ 329 million.

Operational EBITDA for the quarter of $ 14 million compared to Operational EBITDA of $ 9 million in the prior-year period.

The Company finalized the establishment of a strategic relationship with Lucky HuaGuang Graphics Co, Ltd in the People’s Republic of China, including the sale of Kodak’s offset printing plates facility in Xiamen, China, a supply agreement to help Kodak fulfill its customer demand, and an IP agreement under which Kodak licenses its plates technology to HuaGuang to expand the market in China. The current quarter Operational EBITDA includes $ 13 million of license revenue received from this transaction.

Key product lines achieved strong year-over-year growth for the year to date:
Volume for KODAK SONORA Process Free Plates grew by 22 percent.

Annuities revenues for the KODAK PROSPER Inkjet Platform grew by 5 percent.
Revenues for the Company’s film business grew 21 percent year over year for the year to date.

The Company ended the quarter with a cash balance of $ 225 million.

“The Company will continue to concentrate on delivering industry-leading solutions to customers in our core print and film businesses,” said Jim Continenza, Kodak’s Executive Chairman. “Looking ahead to 2020, we will focus on generating cash by growing profitable revenue, making smart investments and eliminating unnecessary spending.”

For the quarter ended September 30, 2019, revenues decreased by approximately $ 14 million compared with the same period in 2018. Kodak ended the quarter with a cash balance of $ 225 million, an increase of $ 27 million from the June 30, 2019 cash balance of $ 198 million when adjusted for the assets associated with Kodak’s offset printing plates facility in Xiamen, China being reported as assets held for sale. The current quarter revenues and Operational EBITDA include $ 13 million of license revenue related to the HuaGuang Graphics Co. Ltd transaction.

“We have strengthened our financial position by eliminating significant interest costs with the transactions completed earlier in the year,” said David Bullwinkle, Kodak’s CFO. “For the year to date we have delivered growth in SONORA Process Free Plates, PROSPER Inkjet annuities and our film business. We plan to build on those successes and drive further cost efficiencies to help achieve our goal of generating cash.”

Articles: Digital Photography Review (dpreview.com)

 
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Canon is shutting down its cloud-based photo platform Irista

30 Oct

Canon has announced it’ll be shutting down its cloud-based photo storage platform, Irista, on January 31, 2020.

Launched back in 2014, Irista served as an online solution for managing, sharing and printing photos ‘without compromising on quality,’ in Canon’s own words. In addition to the browser, Irista was also accessible via Android and iOS apps.

The shutdown message on Irista’s homepage reads:

Sadly, we’ve decided to close Irista on January 31, 2020. You can continue to access to your photos until the service closes. Please sign in to download them before this date.

In a thorough FAQ page, Canon says all photos and personal data will be removed from its servers on January 31, 2020. Any photos hosted on Irista can be downloaded ahead of time using the ‘Download Your Photos’ link on the Irista homepage. Your photos will be compressed into a ZIP folder and downloaded to your computer, but Canon notes organization methods, such as tags, photo ratings, titles and albums won’t be included with the download, so that information will need to be re-applied afterwards.

Shared albums will still be viewable until the shutdown date, but no new users can be invited to the albums in the meantime. The Irista photo book service will still be in operation through the shutdown date as well.

You can find out more details and information by visiting the Canon Irista FAQ page.

Articles: Digital Photography Review (dpreview.com)

 
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