Latest news with #BlackmagicDesign
Forbes
4 days ago
- Business
- Forbes
How Blackmagic Design Impacted The Film Industry
All of 2020 and half of 2021, I was working until 2 a.m. every day because I was writing the code that runs the company,' says Grant Petty, CEO and founder of Blackmagic Design. The 53-year-old billionaire isn't kidding. He despises outsourcing, so he literally writes all the SQL programs that run internal processes at his 1,500-employee, $576 million (revenue) Melbourne, Australia-based company. He's also known for starring in hour-long instructional videos for Blackmagic products like the Ursa Mini Pro 12K digital cinema camera. When the pandemic struck, Blackmagic (which manufactures all 209 of its products itself, unheard-of in the hardware business unless your name is Samsung or Sony) needed to share parts among its three factories in Australia, Singapore and Indonesia. Rather than hire someone, or even delegate the task internally, Petty rewrote the workflow software connecting inventory databases. If clubbiness, opaque accounting and exorbitant costs epitomize companies in Hollywood's ecosystem, then Petty and his defiant, do-it-yourself approach make Blackmagic Design a tear-down-the-walls revolutionary. His 21-year-old business is best known for making low-cost professional cinema cameras, electronic switchers and other specialized gear used in television and film production. It also makes free software known as DaVinci Resolve, used for color grading, special effects and to edit video and audio. Blackmagic's products are behind some big-budget, Oscar-nominated flicks such as Don't Look Up and Spider-Man: No Way Home, but its primary customers are YouTubers and budget-conscious independent filmmakers. Over the past couple years, that market exploded as lockdowns caused a surge in demand for professional-quality home equipment.
Broadcast Pro
02-07-2025
- Broadcast Pro
Blackmagic URSA Cine 17K 65 joins Netflix's list of approved cameras
This inclusion places the 17K 65 alongside Blackmagic's other approved systems, including the URSA Cine 12K LF, URSA Mini Pro 12K OLPF and the URSA Mini Pro 4.6K G2. The Blackmagic URSA Cine 17K 65 digital cinema camera has been added to Netflix's list of approved cameras, meeting the platform's standards for image capture on high-end productions. The comprehensive criteria—outlined in Netflix's 'Cameras and Image Capture: Requirements and Best Practices'—evaluate factors such as resolution, dynamic range, codec support, and workflow compatibility. Netflix mandates that at least 90% of a programme's final content be filmed on approved cameras. With a 65mm RGBW sensor capable of up to 17K resolution and 16 stops of dynamic range, the URSA Cine 17K 65 offers filmmakers extraordinary large-format cinematic imagery. The camera can record in 65mm open gate 8K at up to 100 frames per second or in 17K at up to 60 frames per second, delivering clarity and colour fidelity across all resolutions, from 4K to the highest settings. Its RGBW sensor architecture balances red, green, and blue pixels to achieve superior colour oversampling. The URSA Cine platform also introduces advanced digital cinema technologies that integrate seamlessly into post-production workflows. It is the first camera in its class to feature built-in high-capacity storage and high-speed network connectivity, enabling media synchronisation directly on set. Filmmakers can also interchange PL, LPL, and EF lens mounts, and utilise WiFi with SRT streaming for remote client viewing. Standard Lemo and Fischer connections further enhance its suitability for demanding film environments. The URSA Cine 17K 65 joins other Blackmagic cameras already approved by Netflix, including the URSA Cine 12K LF, URSA Mini Pro 12K OLPF, and URSA Mini Pro 4.6K G2, reinforcing Blackmagic Design's position as a leading choice for premium streaming productions.
Engadget
27-05-2025
- Business
- Engadget
Nikon joins other camera manufacturers in raising prices due to tariffs
Nikon has announced that it will increase prices on its photography products in the US due to tariffs, joining other camera manufacturers including Canon, Blackmagic Design and Leica in doing so. It hasn't yet shared which products will be affected, but several outlets have received word from dealers that the changes will mostly affect lenses and accessories manufactured in China. "Due to the recent tariffs, a necessary price adjustment for products will take effect on June 23, 2025," the company wrote last week. "We will be carefully monitoring any tariff developments and may adjust pricing as necessary to reflect the evolving market conditions. We wish to thank our customers for their understanding and know that we are taking every possible step to minimize the impact on our community." The development comes from Trump's recent tariffs affecting electronic goods, with Nikon noting that the increase could cut its operating profit by around $68 million. Canon, the worldwide leader in camera sales, said in its earnings report last month that it would raise prices soon. Fujifilm recently paused US preorders for several models including the X-M5 and X100 VI. Other electronics companies, including Acer and DJI, also recently announced US-only price hikes. In its latest earnings report, Sony said it expects to seller fewer PS5s and expects a $700 million tariff-related revenue hit. These increases could just be the beginning. Nikon builds its products in multiple countries affected by US tariffs, including China, Thailand and its home country, Japan. Unless those nations can negotiate new tariff terms before the end of Trump's 90-day pause, they could be subject to drastically higher rates by July — which would in turn prices for Nikon and many other camera manufacturers.
The Verge
26-05-2025
- Business
- The Verge
Nikon's cameras are going to get more expensive starting on June 23rd
After months of remaining quiet about how President Donald Trump's tariffs on Chinese-made goods may affect its business, Nikon has announced a 'necessary price adjustment' for its products that will come into effect for the US starting on June 23rd, 2025. The company hasn't shared any specifics on which of its imaging products will see a price increase, or how much the increases may end up being, but it could mean this is the time to grab hardware like the recent Z5 II if you've been eyeing it. 'At Nikon, we remain committed to providing the highest quality imaging products and value to our customers,' Nikon said in a statement posted Friday. 'Due to the recent tariffs, a necessary price adjustment for products will take effect on June 23, 2025. We will be carefully monitoring any tariff developments and may adjust pricing as necessary to reflect the evolving market conditions. We wish to thank our customers for their understanding and know that we are taking every possible step to minimize the impact on our community.' Earlier this month, during a presentation where the company shared its latest financial results, Nikon said (pdf) the tariffs could reduce its profits for the upcoming fiscal year by 10 billion yen, or around $70 million, as reported by PetaPixel. Nikon is not the first or only camera gear company to announce price increases as a result of the US tariffs. The Australia-based Blackmagic Design started charging more for its digital cinema cameras last month while also announcing that the tariffs made its plans to build a factory in Dallas, Texas, financially unviable. During the announcement for its own Q1 financial results in late April, Canon told analysts that it was planning to raise prices and was 'in the process of estimating the timing and amount of the increase,' according to DPReview . The company also said its price increases would be limited to the US, but that could change if the tariffs triggered a wider global recession. Other camera makers that have recently raised prices include Sony and Leica, while Fujifilm temporarily paused US preorders for several of its cameras, including the budget-friendly X-M5 and the still popular X100VI, the company told DPReview in late April. Lens maker Sigma has also announced pricing adjustments, but like Nikon, those aren't going into effect immediately and will instead start on June 2nd, 2025. See More: Gadgets News Photography Tech
The Verge
26-05-2025
- Business
- The Verge
Nikon's cameras are about to get more expensive in the US because of tariffs
After months of remaining quiet about how President Donald Trump's tariffs on Chinese-made goods may affect its business, Nikon has announced a 'necessary price adjustment' for its products that will come into effect for the US starting on June 23rd, 2025. The company hasn't shared any specifics on which of its imaging products will see a price increase, or how much the increases may end up being, but it could mean this is the time to grab hardware like the recent Z5 II if you've been eyeing it. 'At Nikon, we remain committed to providing the highest quality imaging products and value to our customers,' Nikon said in a statement posted Friday. 'Due to the recent tariffs, a necessary price adjustment for products will take effect on June 23, 2025. We will be carefully monitoring any tariff developments and may adjust pricing as necessary to reflect the evolving market conditions. We wish to thank our customers for their understanding and know that we are taking every possible step to minimize the impact on our community.' Earlier this month, during a presentation where the company shared its latest financial results, Nikon said (pdf) the tariffs could reduce its profits for the upcoming fiscal year by 10 billion yen, or around $70 million, as reported by PetaPixel. Nikon is not the first or only camera gear company to announce price increases as a result of the US tariffs. The Australia-based Blackmagic Design started charging more for its digital cinema cameras last month while also announcing that the tariffs made its plans to build a factory in Dallas, Texas, financially unviable. During the announcement for its own Q1 financial results in late April, Canon told analysts that it was planning to raise prices and was 'in the process of estimating the timing and amount of the increase,' according to DPReview. The company also said its price increases would be limited to the US, but that could change if the tariffs triggered a wider global recession. Other camera makers that have recently raised prices include Sony and Leica, while Fujifilm temporarily paused US preorders for several of its cameras, including the budget-friendly X-M5 and the still popular X100VI, the company told DPReview in late April. Lens maker Sigma has also announced pricing adjustments, but like Nikon, those aren't going into effect immediately and will instead start on June 2nd, 2025.
