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Canon to halt development of film cameras

Posted 25 May, 2006 in Kit/Equipment + Product News

TOKYO (Reuters) – Japan’s Canon Inc. said on Thursday that it would halt development of new film cameras to focus resources on digital models, the latest sign of the rapidly fading role of film in photography.

A spokesman at Canon, the world’s largest maker of digital cameras, said it made the decision to freeze development of both compact and single lens reflex (SLR) film models because the markets for both are shrinking.

Canon said it would continue to produce and sell existing models and make a final judgment on the business in the future while monitoring market demand.

Continue reading at Reuters

This is becoming a familiar story. It sucks, but I can’t say I’m surprised. At least they’re keeping the current models around, which IMO is a very good thing. If you’ve already got money in Canon EOS glass for digital, US $300 for an Elan 7N body is one hell of a value if you want to shoot film.

Via Plaid Jello

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