Nikon to Move Away from Film Cameras

Following in the footsteps of rivals Kodak and Canon, Nikon said it will scale back production of film cameras and cease making five of the seven models currently available. The moves come as the camera industry shifts its focus on a growing digital photography market.

Nikon will also cease production of lenses and accessories for traditional cameras, the company said in a statement on its Web site. "This also applies to most of our film camera bodies, interchangeable manual focus lenses and related accessories." Nikon expects film-related products to sell out completely by this summer.