News

Hollywood comedy production has declined 27% since 1990 despite audience demand ranking the genre second among those viewers "want to see more of," according to Letterboxd genre data and a 68,000-consumer survey. Comedy films average $26.5 million production budgets and double their investment returns at 102%, yet represent just 9.3% of sequel releases compared to action's 27.6%. The shift reflects studios prioritizing internationally marketable franchises over domestically-focused comedies, which earn most revenue from US and Canadian audiences. Films like 1984's Beverly Hills Cop ($977 million inflation-adjusted) and Ghostbusters ($882 million) remain unmatched by contemporary releases -- with half of Letterboxd's most popular 2020s "comedies" being either non-comedic films like Saltburn or IP-driven movies like Barbie.

Read more of this story at Slashdot.

Fujifilm will increase prices on most of its US camera lineup starting August 30, marking the second price adjustment this month following retailer-announced increases two weeks earlier. The company cited "volatile market conditions" in its official statement. The recently released X half and X-E5 cameras will maintain their launch prices, while the backordered X100 VI faces price changes. The company characterized the adjustments as a long-term solution to uncertainties including tariffs and manufacturing circumstances.

Read more of this story at Slashdot.

England has declared a "nationally significant" water shortage as reservoirs dropped to 67.7% capacity, their lowest levels in at least a decade. The UK Centre for Ecology and Hydrology warned of exceptionally low river flows while groundwater continues dwindling across the country. Hosepipe bans now affect all of England, with additional restrictions probable in coming months. Water companies lose approximately one trillion litres annually through leaky pipes -- 20% of all treated water -- while the annual pipe replacement rate remains at 0.05%. No new reservoir has been built in 30 years despite population growth. Government forecasts project England's public water supply could fall short by 5 billion litres daily by 2055 without urgent infrastructure investment. The economic cost of water scarcity could reach $11.48 billion over this parliament, according to thinktank Public First.

Read more of this story at Slashdot.