Practically speaking, 4K isn't really needed nor "here" yet. It will be some time yet before enough people can utilize the increased resolution on their TV's and monitors, as well as the bandwidth ISP's need to increase for streaming 4K.
However, in marketing terms - not having 4K will be disastrous. It's a spec, just like big megapixel numbers. Lacking it is a black mark against the product. And while not important today - Canon's product cycle is 3-4 years. 2018 at best for the next camera? By that time others will have 4K and be throwing it in Canon's face.
I think the same way Canon trumped Nikon with 50 megapixels, they're going to have to add 4K in some iteration to the 5D4. It doesn't have to be great 4K, all they need is to be able to put 4K on the specs.
However, in marketing terms - not having 4K will be disastrous. It's a spec, just like big megapixel numbers. Lacking it is a black mark against the product. And while not important today - Canon's product cycle is 3-4 years. 2018 at best for the next camera? By that time others will have 4K and be throwing it in Canon's face.
I think the same way Canon trumped Nikon with 50 megapixels, they're going to have to add 4K in some iteration to the 5D4. It doesn't have to be great 4K, all they need is to be able to put 4K on the specs.
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