Reuters are reporting that Canon have today announced that they have stopped development of new compact and SLR film cameras. The company will continue to promote and sell existing film models, although it also said it will “make a final judgment on the business in the future while monitoring market demand.” Canon’s announcement follows a similar one by Nikon earlier this year.

UPDATE: Well, it seems that Reuters were a little quick off the mark, in that Canon are now considering halting film camera production, rather than actually doing it. Which isn’t half as interesting as the original news!

Website: Reuters - Canon to halt development of film cameras