A.Ghamarinezhad`s AstroPhotography Gallery

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  • NEA report reveals photography industry's contribution to US economy

    A report from the National Endowment for the Arts sheds light on the photography industry's contribution to the US economy. The report breaks down data from the US Bureau of Economic Analysis (BEA), revealing that the arts overall contributed more to the US economy than warehousing, agriculture, and transportation at $763.6 billion.

    Photography and photo-finishing services in particular contributed $10.2 billion of that in 2015, with the industry experiencing a 2.9% average annual growth from 2012 to 2015. The industry's total production, according to the NEA, were 97.7% made up of arts and cultural goods.

    The arts industries as a whole employ 4.9 million people across the nation, and they boast a positive trade balance of $20 billion. Further breaking down the numbers, the NEA says the arts added 4x more to the nation's economy than agriculture, also exceeding warehousing and transportation by $200 billion. Jewelry, movies, and television fueled the trade surplus, while web publishing and streaming, architectural service, performing arts, and design saw the fastest growth.

    The National Endowment for the Arts offers a tool for viewing the economic contributions of each art industry individually.

    Via: PDN

  • Google reportedly to acquire Lytro for $40 million

    Lytro first appeared on the scene in 2011 with its unique light field cameras that allow for refocusing of an image after it has been captured. However, after the concept failed to catch on in the consumer space, the company decided to abandon this market and focus on Light Field video solutions for professional users.

    More recently the inevitable happened and Lytro discontinued the pictures.lytro.com platform, which had allowed Lytro users to share their refocusable 'living' light-field images with others online and through Facebook.

    Now TechCrunch reports tech giant Google is about to acquire the company. According to unnamed sources, Google will pay approximately $40 million for Lytro's technology and patents. According to the same sources, some Lytro employees have already left the company.

    Lytro's technology could be very useful for Google's ventures into the rapidly growing area of virtual reality where it is competing with Facebook's Oculus and a number of other players. A recent example of Google's VR activities is the "Welcome to Light Fields" app on the digital distribution platform Steam. According to the app description, users can "experience real-world reflections, depth, and translucence like never before in VR."