Olympus published the Corporate Strategic Plan (5-Year Medium -Term Management Plan). You can download the documents here:
http://www.olympus-global.com/en/common/pdf/plan_16csp_12e.pdf
http://www.olympus-global.com/en/common/pdf/plan_16csp_01e.pdf
http://www.olympus-global.com/en/common/pdf/plan_16csp_02e.pdf

The financial goal is to double the earnings per share by the end of the 5 year plan. Regarding the Imaging Business these are some key points:

The past: Olympus admits that their previous midterm plan from 2013 “Failed to achieve projected performance levels in Imaging Business”

The goal: The 5 year plan goal is to reach “breaking even in Imaging Business”

What needs to be done in the Imaging Business:

1) Focus on specific group of customers: Further contraction of DSLR and other digital camera markets, need to transition from value and price focused mass-marketing approach to respond to needs of core users and provide them with unique value at appealing prices. Establish a unique brand position that provides value accepted by a specific group of customers, even if that group may be small

2) Expand to other markets: “the Imaging Business will address the changing and contracting digital camera market while examining means of utilizing the technologies and resources of the business in other businesses”

3) Focus on High End products: “Achieve competitive edge of systems with regard to primarily OM-D and Pro-Lens system and keep contributing as a driver of Company wide technology“

I guess the upcoming Stylus Tracker action camera is exactly what they mean on point 2. And the PEN-F is an attempt to move the PEN system in the premium market as suggested on point 3.

Reminder: You get 65% off on the BLACK & WHITE projects 4 software sold by Franzis (Click here). This is the introduction video:

Here is the Full Product Description page and here is the direct Checkout link with the discounted price.

Sigma CEO Kazuto Yamaki confirmed once again that they will keep design lenses to fit for both APS-C and MFT mirrorless systems. It’s the only way for them to keep costs down. There is no way they will design “pure” MFT lenses. He said the market volume isn’t big enough for that.

via Imaging Resource

You can finally download the long anticipated GH4 firmware update at av.jpn.support.panasonic.com/support/global/cs/dsc/download/fts/dl/gh4.html

Those are the improvements:

1. [Post Focus] is added. This function enables users to set the focus point after shooting and save as a separate photo.
2. Three 4K PHOTO modes: [4K Burst] [4K Burst Start/Stop] [4K Pre-Burst] are added to help users capture the unmissable moments and users can choose a best shot with easy, intuitive touch-control operation after shooting.
3. External flash can be used in burst shooting.
   * DMW-FL580L, DMW-FL360L only.
4. Free 100GB storage on Google Drive is offered to LUMIX GH4 users (2 years)*. It can be used for photo/video data saving and accessed through multiple devices such as camera, PC, smartphone/tablet.
   * Users need to register to LUMIX CLUB to get the ID in advance and activate the account service by 30 September 2016.
5. [AF-ON] function can be uesd during video recording.
6. The accuracy of digital red eye correction in the RAW development is improved.
7. The time lag of stop signal transmission through HDMI is adjusted to make the length of the recorded contents same either on the SD Memory Card or on the external recorder via HDMI.

4K compact camera LX100 does 3:2 anamorphic baby Hypergonar with SLR Magic Rangefinder from Seb Farges on Vimeo.

Sigma 60mm f/2.8 DN Art review at Imaging Resource.
Interview with OMD photogrpaher Wataru Kobayakaw (DC.watch).

Lie: “This is my newest work which follows a young Chinese climber on his 2 months expedition to various crags in Western US. The major goal of his trip was the first hard sports route in the States, To Bolt Or Not To Be 5.14a, at Smith Rock, Oregon. Will he fulfill his dreams? I hope you would enjoy his story.  https://vimeo.com/159240179”

Antosh: “I thought you might be interested in a 4K Aurora Borealis time-lapse I made, shot on a Panasonic GH4 near Karigasniemi, Finland. We were very lucky to see 2 spectacular geomagnetic storms in one week. Our guide warned us to keep cameras covered between shots, but shooting time-lapse I didn’t have that option. The GH4 just kept on going for hours at -25C! Condensation formed on it when I brought it indoors, but it’s still working fine :) https://www.youtube.com/watch?v=mIE0mYkIPQo“