TOKYO, Jan. 19 (Reuters) - Konica Minolta Holdings said on Thursday it would withdraw from the camera and color film businesses, ending one of the best-known brands in the photography world.
As part of the surprise move, Konica Minolta said it would sell a portion of its digital single-lens reflex camera assets to the Sony Corporation for an undisclosed sum and cease production of compact cameras by March.
The company said it would stop making photographic film and color paper by March 2007, withdrawing from a market that has been shrinking more than 20 percent a year as a result of the spread of digital cameras....
Neil, I was told by a photographer friend that just about the same process that you use to printout photographs at drugstores is the same that you use at home. You're not gaining anything. Many color prints do not hold up well of past years. Black and white prints and slides do seem to be the best.
This is a vicious spiral in destroying traditional photography. I wish I could afford regular film and prints. Photographs put on good photographic paper last longer than what can be printed out on a computer. I do some of the latter, but most people do not even go that far.