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Film fanatics: Analog photography is coming back, digital cameras are not

Film fanatics: Analog photography is coming back, digital cameras are not

10/13/22 7:00PM

Film fans

In the last 18 months camera giant Kodak has hired 300 people across their film and chemicals floor. Remarkably, however, that’s not been enough — the company is continuing its film tech hiring spree to meet the demands of a resurgent 35mm market. Analog photography is making a major comeback, much like vinyl has been in the music industry, with some popular SLR film cameras seeing prices rocket up 80% in recent years.

Digital decline

Film cameras may be making a comeback but, with smartphone cameras’ megapixel counts growing ever-dizzier, the humble hero of your 2010 family vacation — the digital camera — isn’t showing any signs of life.

The rise of digital cameras was quick, as consumers turned to DSLRs and point-and-shoots to capture memory-card-ready moments. The decline, however, has been even sharper. Since the peak in 2010 — when 121 million units were shipped globally — things have been downhill for digital cameras, with shipments declining nearly every year since. The past 2 years have been particularly rough, with digital camera shipments now down some 93% from the ‘10 peak.

Retro revival

The formula for a nostalgic physical format revival is beginning to appear. If the process is slightly cumbersome, way more work and something your parents or (ideally) grandparents did, it has a chance of making a comeback. Meanwhile digital cameras join CDs, DVDs, and MP3s in the ‘tiringly practical and boringly modern’ 21st-century tech trash can.

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Fox and News Corp slide as investors digest $3.3 billion Murdoch succession settlement

Fox and News Corp shares dropped on Tuesday after Rupert Murdoch’s heirs agreed to a $3.3 billion settlement to resolve a long-running succession drama.

Under the deal, Prudence, Elisabeth, and James Murdoch will each receive about $1.1 billion, paid for in part by Fox selling 16.9 million Class B voting shares and News Corp selling 14.2 million shares. The stock sales will raise roughly $1.37 billion on behalf of the three heirs.

The new trust for Lachlan Murdoch will now control about 36.2% of Fox’s Class B shares and roughly 33.1% of News Corp’s stock, granting him uncontested voting authority over both companies for the next 25 years. Originally, the Murdoch trust was designed to hand over voting control of Fox and News Corp to Prudence, Elisabeth, Lachlan, and James after his death.

Investors are weighing the trade-off. Clear leadership under Lachlan may resolve conflict internally, but the share dilution, executed at a roughly 4.5% discount, means long-term investors now hold slightly less clout than before.

Both companies’ stocks were trading close to all-time highs prior to the announcement.

385 ✈️ 434

Boeing on Tuesday announced that it delivered 57 commercial jets in August, its best total for the month in seven years. That brings its year-to-date delivery total to 385 planes, eclipsing its full-year 2024 figure by about 11%.

The August figure marked Boeing’s second-highest delivery total of 2025 and represented a 43% jump from the same month last year. Through August, Boeing has boosted its deliveries by 50% from last year.

The plane maker is still trailing its European rival Airbus, which delivered 61 planes in August and 434 year to date.

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