| Kodak is on track to wrap up its four-year overhaul this year, CEO says
NEW YORK Chief executive Antonio Perez says Kodak is on track to complete its historic transformation this fall into a digital-imaging company focused on consumer photography and commercial printing. Perez made the comment in an interview on the eve of today's annual meeting of Kodak analysts and institutional investors. He said that by the end of the third quarter, his hope is that Kodak is done with all the announcements of restructurings and job cuts, and will be fully concentrated on growing more than a dozen digital ventures. The company that put film cameras into most homes in America acknowledged in September 2003 that its analog businesses were in irreversible decline. It outlined a four-year strategy to invest in new digital markets dominated by entrenched heavyweights such as Hewlett-Packard, Seiko Epson and Canon.
The future is profit-free
"I had a clear picture all along that I eventually wanted to go back to my primary interest, which is a scholarly approach to the visual arts," she says. Various overseas precedents influenced her planning, including the Benesse House Museum in Naoshima, Japan, and the British non-profit art enterprise Artangel. Both organisations use private money to fund not-for-profit contemporary art projects. The closure of Sherman's commercial operations is likely to have a big impact on the Australian art world. When Gene Sherman set up the gallery in 1992, she had strong financial backing from Equitilink, her husband's fund management company. Equitilink, which Brian Sherman set up in partnership with Gene's first cousin Laurence Freedman, had just realised a $1.2billion haul after a series of fundraising trips to the US.
Lincoln City Cultural Center launches Artisans' Showcase
The historic Delake School was established in 1929, since which time the building has been added on to, and the basement dug. When the school was offered for sale by the Lincoln County School District, the City of Lincoln City purchased the property and formed a partnership with the 4C's (Coastal Communities Cultural Center), who moved in to the building in August 2006. President of the now-Lincoln City Cultural Center, Elizabeth Black, says their mission is, "to develop a cultural center of the arts to benefit the entire community."An Artisans' Showcase was envisioned as a draw for the community and funds raised from fees and commissions collected from the consignment tables are contributed toward utility costs associated with the Delake building.The Artisans' Showcase is themed to draw a variety of vendors and pique the interest of a wide range of visitors.
Panasonic Unveils EVF Camera with 12x Zoom
Panasonic has introduced a new 7.2-megapixel electronic viewfinder (EVF) camera with a 12x optical zoom range. The Lumix DMC-FZ8 is the successor to last year's FZ7, sporting an optically stabilized f/2.8-3.1, 36mm-432mm (35mm equivalent) Leica DC Vario-Elmarit lens with a minimum f/8 aperture. The FZ8 accepts conversion lenses as well. For viewing, this 12.5-ounce camera provides a 188,000-pixel EVF and a 207,000-pixel, 2.5-inch LCD. There's also a pop-up flash on the FZ8, although it has no hotshoe for mounting an external unit. This Lumix offers advanced controls for capturing images in both standard and widescreen aspect ratios. Its exposure options include manual, priority and automatic modes, as well as multi, center-weighted and spot metering modes. Shutter speeds run from 1/2000 to 60 seconds, and the FZ8 has a top light-sensitivity setting of ISO 3200.
|
