PetaPixel Friday May 16, 2025
Sony’s fourth-quarter 2024 financial results reflect a 24% decline in year-over-year consolidated sales, though the company’s imaging-related segments held steady. Unfortunately, noted PetaPixel, the company also shared the anticipated impact of tariffs — a massive operating income reduction. Sony believes that tariff impacts will account for a staggering $682 million operating income reduction and expects net income attributable to Sony Group Corporation stockholders to decrease 13% compared to FY2024 — a yen $936 million reduction.
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ArtReview Friday May 16, 2025
South African photographer Lindokuhle Sobekwa, whose experimental work explores family ties, myth and post-apartheid life, has won the Deutsche Börse Photography Foundation prize 2025, notes The Guardian. Sobekwa was awarded the £30,000 (about $40,000) prize, one of the most prestigious in the industry, at the Photographers’ Gallery in London yesterday for his book I Carry Her Photo With Me (MACK), which focuses on the life and disappearance of his half-sister, Ziyanda (see PPD’s 2024 post). ArtReview has more.
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Nieman Lab Friday May 16, 2025
Facebook engagement came “roaring back” for news publishers in the first few months of 2025, according to a new report from social media tracking company NewsWhip. The study found engagement on Facebook has tripled year over year, and, notes Nieman Lab, many of the top-performing posts were photo features. Fox News and The New York Times were two of the biggest winners: Facebook engagement for The Times was up 3.5 times over 2024 and Fox News saw an increase of nearly 9 times its previous year numbers. Of the 20 best-performing posts for the Times and Fox News, 17 were photo posts.
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By
David Schonauer Friday May 16, 2025
After President Donald Trump proposed eliminating the National Endowment for the Arts (NEA) earlier this month, the federal agency withdrew or canceled grant offers to arts organizations around the
country. As we noted this week, repercussions from the agency's proposed defunding followed: Regional arts organizations across the US began speaking out against the recent NEA cuts, while senior
leaders and other employees have left … Read the full Story >>
