Category: News – The Dead Pixels Society

Freepik announces acquisition of Magnific

May 15, 2024May 15, 2024 GaryPageau Freepik, Magnific0 comment

Freepik announced its acquisition of AI-image upscaler Magnific. The acquisition is Freepik’s biggest to date – it acquired EyeEm (Germany) last year, and Videvo (UK), Original Mockups (Colombia), and Iconfinder (Denmark) in 2022, the company said. Terms weren’t disclosed. The founders of Magnific, Javi López and Emilio Nicolás, will continue to focus on their own AI innovation, testing and developing new ideas. Although Magnific will operate as... Read More

News

NRF: Census data shows retail sales moderated in April

May 15, 2024 GaryPageau Census, NRF0 comment

Data released by the U.S. Census Bureau today shows retail sales moderated in April, National Retail Federation Chief Economist Jack Kleinhenz said. “Even though household income and job growth are compressing, the consumer spending picture remains positive,” Kleinhenz said. “The softer pace of spending is due in part to consumers being selective and prioritizing retail purchases. Yet, consumers remain willing... Read More

Earnings reports News

CEWE reports first-quarter sales increase 6.6%

May 15, 2024May 15, 2024 GaryPageau CeWe, CEWE Stiftung & Co. KGaA0 comment

CEWE Stiftung & Co. KGaA announcd group turnover increased by +6.6% to 165.7 million euros in the first quarter of 2024, setting a new high for the first quarter (Q1 2023: 155.3 million euros). At the same time, group EBIT improved by EUR 2.9 million to EUR 8.1 million (Q1 2023: EUR 5.2 million). All business segments contributed to this:... Read More

News

JONDO UK expands EU operations with launch of Czech Republic factory

May 15, 2024May 15, 2024 GaryPageau JONDO, JONDO UK0 comment

JONDO UK, a leading provider of premium wall art decor solutions, announced the grand opening of its manufacturing facility in the Czech Republic. With a focus on innovation, quality, and unparalleled service, the new factory represents a significant milestone for JONDO UK as it expands its operations in Europe and reinforces its commitment to delivering exceptional wall art decor products... Read More

Events News

IPI adding two Print Refinery locations in Michigan

May 15, 2024May 15, 2024 GaryPageau IPI, IPIC0 comment

IPI Member Network announced the opening of two The Print Refinery licensed business model locations in Michigan. The 16th location will hold a grand opening event on June 21-22, at The Camera Shop of Muskegon, while a second location will open in Lansing in August. The Camera Shop recently moved into the space next door to their existing location in... Read More

Earnings reports News

Profoto reports decrease in first-quarter sales

May 14, 2024 GaryPageau Profoto0 comment

Profoto reported net sales totaled SEK 171m (229), a decrease of 25.4 percent, with most of that coming from organic sales decline, with a slight impact from currency. EBIT was SEK 34m (72), and the EBIT margin, 20.1 percent (31.3). Profit was halved to SEK 27m (56). “Sales were SEK 171m, a decrease of 25 percent compared to the first... Read More

Events News

Layflat.com showcasing binding innovations for HP Indigo 18K at Drupa

May 14, 2024May 15, 2024 GaryPageau Layflat.com0 comment

Layflat.com AG, the world leader in high-volume photobook production equipment, will feature the industry-leading LF 2000 Max at Drupa 2024, May 28-June 7, in Düsseldorf. As the preferred photobook finishing partner for HP, the Layflat.com exhibition will showcase how this solution is ideal for printers offering softcover books. “At Drupa 2024, Layflat.com will be showing the LF 2000 All-in near... Read More

Marketing News

KEH announces it is preferred camera provider for Atlanta Falcons

May 13, 2024May 13, 2024 GaryPageau Atlanta Falcons, KEH Camera, NFL0 comment

KEH, the reseller of pre-owned camera gear, announced it will become the Preferred Provider of Camera Gear for the NFL’s Atlanta Falcons. Aligning with set sustainability goals, the Falcons will utilize KEH’s trade-in program, which allows the organization to responsibly replace current cameras and related digital equipment with new, professional gear to continue to provide world-class sports and entertainment content.... Read More

Earnings reports News

Fujifilm reports 3.6% increase in annual revenues

May 10, 2024May 15, 2024 GaryPageau Fujifilm0 comment

FUJIFILM Holdings Corp., announced, in the fiscal year ended March 31, 2024, revenue increased by 3.6% year-over-year to JPY2,960.9 billion, mainly due to strong sales in the Medical Systems and Imaging businesses and the impact of exchange rates. Thanks to revenue growth and the impact of exchange rates, operating income amounted to JPY276.7 billion, an increase of 1.3% year-over-year. Net... Read More

News Podcasts

Insights into Business Revival and Market Disruption, with Ben Gibson

May 9, 2024May 8, 2024 GaryPageau Ben Gibson, Eastman Kodak Co., Fujifilm, Logitech0 comment

Embark on exploring the corporate world’s natural progression with tech industry veteran Ben Gibson as he and host Gary Pageau navigate the “EMFL” model together. Gibson sheds light on how companies are born out of innovation and mature through marketing, financial acumen, and sometimes, legal restructuring. Anchored by Gibson’s rich experiences at large companies like GE, Eastman Kodak Co., and Logitech, the discussion offers an analytical lens... Read More

Earnings reports News

Kornit Digital reports first quarter 2024 results

May 9, 2024May 17, 2024 GaryPageau Kornit Digital0 comment

Textile printing equipment maker Kornit Digital Ltd.a worldwide market leader in sustainable, on-demand, digital fashion and textile production technologies, reported today its results for the first quarter ended March 31, 2024. “Despite enduring macroeconomic challenges, we saw success with the strategic initiatives we implemented in Q4 and early this quarter.” said Ronen Samuel, Kornit’s Chief Executive Officer. “Our pipeline for... Read More

Earnings reports News

GoPro reports first-quarter sales up 7% but net losses climb

May 8, 2024May 15, 2024 GaryPageau GoPro0 comment

GoPro Inc. announced first quarter revenue was $155 million, down 11% year-over-year, while subscription and service revenue increased 12% year-over-year to $26 million. The GAAP net loss was $339 million, or a $2.24 loss per share, compared to a net loss of $30 million or $0.19 loss per share, in the prior year period, due to the recording of a... Read More

News

Profoto debuts Pro-D3 industrial grade monolight

May 7, 2024May 13, 2024 GaryPageau Profoto0 comment

Profoto debuted the Pro-D3 industrial grade monolight to meet the evolving durability demands of high-end, high-volume image content creation. Available in two versions, with 750Ws or 1250Ws of power, the Pro-D3 is equipped with high-grade components through and through and has an 11 f-stop flash power adjustment range and 0.1 f-stop precision. The Pro-D3 introduces three distinct flash modes, as... Read More

Events News

Visual 1st announces 2024 panel topics and confirmed presenters

May 5, 2024May 6, 2024 GaryPageau Visual 1st

Visual 1st, the annual conference promoting innovation and partnerships in the photo and video industry, announces this year’s panel topics, as well as the first fireside chat presenter, moderators, panelists, presenters, and Visual 1st Awards judges. Visual 1st will be held Oct. 16-17, 2024, in San Francisco. The Dead Pixels Society is a Visual 1st and will once again hold... Read More

Events News

drupa 2024 holding Imaging Summit: The Importance of Artificial Intelligence for the Printing and Imaging Industry

May 5, 2024May 6, 2024 GaryPageau AI Imagelab, DRUPA, EyeQ, Perfectly Clear, Viesus

drupa returns after an eight-year absence with a renewed sense of purpose. The event has announced the drupa Imaging Summit, one of the main themes will be the big trend topic of Imaging Artificial Intelligence, to learn about the current status and tools, discuss new product ideas and ways to enhance images for better prints. Th following presentations and many... Read More