May 2014

GoPro files to go public
Action camera sensation GoPro has filed for an initial public offering. The filing showed that GoPro had revenues of US$985 million for2013, almost twice that of the year before. GoPro also recorded US$61 in net income and shipped 3.85 million Hero cameras during 2013. Of potential concerns listed was a Q1 2014 revenue drop (that may be the result of new product introduction timing). On the other hand, GoPro does not feel that smartphones and tablets would have the same negative impact on its camera sales as they're having on regular dedicated compact cameras. -- Posted Tuesday, May 20, 2014 by chb

Discover 4K and the mirrorless camera revolution at free event from Adorama and Panasonic
Adorama, one of the world’s largest photography, imaging, video and electronics retailers, is teaming up with Panasonic to present a free Next Generation Workflow event to discuss working with 4K video on Tuesday, May 20, 2014. This event will feature two sessions, at 3pm and 6pm, and will be held at the Adorama store located at 42 West 18th Street in Manhattan. Refreshments will be served. Register now for this Next Generation Workflow Event with the Panasonic LUMIX GH4. -- Posted Wednesday, May 14, 2014 by chb

Canon adds two new EF ultra wide-angle lenses and white EOS Rebel SL1 digital SLR
Canon announced two new wide-angle lenses and a new white color model of the EOS Rebel SL1 Digital SLR, just in time for summer. The introduction of the new Canon EF 16-35mm f/4L IS USM and the EF-S 10-18mm f/4.5-5.6 IS STM wide-angle zoom lenses provides Canon digital SLR users with the ability to capture stunning photographs and videos of spacious landscapes and many other iconic scenes. The new white EOS Rebel SL1 comes with a matching white EF-S 18-55mm f/3.5-5.6 IS STM lens and offers a stylish alternative for those who like to stand out from the crowd. [See Canon's EF lens lineup] -- Posted Tuesday, May 13, 2014 by chb

Calumet Photographic sold to C&A Marketing
Photo retailer Calumet Photographic, which shut down in mid-March 2014 after filing for Chapter Seven bankruptcy, is under new ownership. C&A Marketing Inc. is acquiring Calumet stores in several major cities, beating out a rival bid from former Calumet employees. C&A marketing is the same company that bought the rights to Polaroid, and also purchased a number of Ritz Camera stores. [See article in Wall Street Journal and Sentinel article on how Loss of darkroom supplies could hurt photography students. -- Posted Saturday, May 10, 2014 by chb