This is a brief excerpt from thePhoBlographer
In a move that does not really come as a surprise, Leica majority shareholder Dr. Andreas Kaufmann has acquired a 21.5% stake in the online photo contest platform “i-shot-it.com”. For a small fee, www.i-shot-it.com enables photo-enthusiasts to take part in photographic competitions. Winners of the online photography competitions receive cash prizes—financed by the charges due for uploading image material—and a Leica camera. Hence why we are not surprised at Dr. Kaufmann’s move.
Dr. Kaufmann has made himself renowned a couple years ago, when he factually saved Leica from going bankrupt. With the introduction of the M9 digital rangefinder, S2 medium format SLR and X1 compact camera the company saw a huge incline in sales and became profitable again. What he’s up to with i-shot-it.com? Only time will tell.Tagged as: competition, i-shot-it.com, kaufmann, leica, shares
By: Felix Esser
via planet5D pinterest news http://pins.planet5d.com/leica-majority-shareholder-dr-kaufmann-acquires-21-5-stake-in-i-shot-it-com/
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