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Jostens enhances “virtual commencement” programs, closes Visalia plant News 

Jostens enhances “virtual commencement” programs, closes Visalia plant

GaryPageau ,
Jostens  is partnering with GRAMMY-winning songwriter and recording artist Lori McKenna to recognize her soon-to-be-released song as the official song of the Class of 2020. The song, scheduled for national release May 1, will be featured in Jostens free on-line “Virtual Commencement Centers”. Jostens Virtual Commencement Centers have been designed for the high school and college markets, and deliver exclusive... Read More
All-Access pass offered for new APTech website News 

All-Access pass offered for new APTech website

GaryPageau
The Association for PRINT Technologies (APTech) has launched its new website (PRINTtechologies.org) and is offering a limited time, all-access pass for its usually-firewalled, members-only content. “This all-access pass is like getting a free provisional membership,” says Thayer Long, president, APTech. “With the launch taking place during this challenging time when so many members of our community are looking for ways... Read More
Meero introduces ‘Community’, a social network for professional photographers News 

Meero introduces ‘Community’, a social network for professional photographers

GaryPageau
Meero has launched a community for photographers to connect and to chat about daily activities. Available on myMeero, the platform is a hub for photographers to connect and chat about their daily work, and it provides access to a network of photographers from every region around the world. The Community space allows you to: Meet other photography enthusiasts Contact local... Read More
Canon provides EOS R5 details, debuts cinema camera and two lenses New Products News Updates 

Canon provides EOS R5 details, debuts cinema camera and two lenses

GaryPageau , , ,
Canon U.S.A. made a series of product announcements today, leading off with more teasers of the previously announced Canon EOS 5R full-frame mirrorless camera. The new details include: 8K RAW internal video recording up to 29.97 fps 8K internal video recording up to 29.97 fps in 4:2:2 10-bit Canon Log (H.265)/4:2:2 10-bit HDR PQ (H.265). 4K internal video recording up to 119.88 fps in... Read More
Industry Notes for the week of April 18 News People on the Move 

Industry Notes for the week of April 18

GaryPageau
Interesting reads from around the web Selective Focus: The Industry and the Coronavirus . . . and the Cancellation of Photokina Digital Imaging Reporter columnist George Schaub ponders the near-term challenges and long-term impact of COVID-19 on camera sales, retail and trade shows. LSC Communications files for Chapter 11,  raises $100M in capital LSC Communications Inc. announced, along with most of... Read More
COVID-19 brings adaptations, changes to photo companies News 

COVID-19 brings adaptations, changes to photo companies

GaryPageau , , , , ,
The worldwide COVID-19 pandemic is creating massive disruption in consumer spending, supply chains and retail operations. There isn’t a segment of the photo/imaging industry that hasn’t been affected. We’ve been noting many of the ways industry companies have responded, either with donations or by providing protective equipment to first responders, health care professionals and hospitals. Among the labs who have... Read More
GoPro to restructure, to accelerate direct-to-consumer activities News People on the Move 

GoPro to restructure, to accelerate direct-to-consumer activities

GaryPageau
GoPro Inc. announced a $100 million reduction to 2020 operating expenses including a 20% workforce reduction – and plans to further reduce non-headcount related operating expenses to $250 million in 2021 – as well as accelerated plans to go direct to consumer. The company said the direct business is a “meaningful contributor” to profitability in recent years. “GoPro’s global distribution... Read More
Popular photo app company VSCO terminates one-third of staff News 

Popular photo app company VSCO terminates one-third of staff

GaryPageau , ,
The popular photo app VSCO has terminated about one-third of its staff. VSCO co-founder Joel Flory, posting on LinkedIn, stated the company – which is valued at more than $500 million – is letting go of 45 of its 150 employees, citing the sudden changes in the business environment. While not citing COVID-19 directly, Flory’s message references the necessity to... Read More
Video creation is fast, easy and free with YouTube Video Builder Marketing News 

Video creation is fast, easy and free with YouTube Video Builder

GaryPageau
YouTube launched a beta version of a free video building app for businesses. Video Builder is “for businesses who don’t have resources to create videos from scratch,” including features animates static assets—images, text and logos—with music from the YouTube library. Users can choose from a variety of layouts based on the message and goals, customize colors and font and quickly generate... Read More
Best Buy furloughs 51,000 employees, updates earnings guidance News 

Best Buy furloughs 51,000 employees, updates earnings guidance

GaryPageau
Best Buy Co. Inc. announced business updates related to COVID-19 including, effective April 19, the temporarily furloughing of approximately 51,000 Domestic hourly store employees, including nearly all part-time employees. The company is retaining approximately 82% of its full-time store and field employees on its payroll, including the vast majority of In-Home Advisors and Geek Squad Agents. Furloughed employees will retain... Read More
Felix Schoeller Group responds to COVID-19 pandemic News 

Felix Schoeller Group responds to COVID-19 pandemic

GaryPageau ,
Felix Schoeller Group, based  Osnabrück, is responding to the COVID-19 pandemic with a range of measures, according to a company statement. The company is adjusting capacity at its specialty paper plants, and short-time working is being implemented in all German plants following the Easter holidays. Approximately 2,100 of 3,600 employees worldwide are affected. The company added, however, production is currently... Read More
HP launches free print, play and learn platform Marketing News 

HP launches free print, play and learn platform

GaryPageau ,
HP Inc. launched the free Print, Play & Learn online resource to support millions of families around the world who have transitioned to learning from home. Collaborating with education resource providers, including Education.com, TIME for Kids, Canva, and KiwiCo, HP is curating weekly literacy content as well as worksheets, coloring pages, puzzles and other learning printables for parents with children... Read More
March retail sales plummet during Coronavirus pandemic Market research News 

March retail sales plummet during Coronavirus pandemic

GaryPageau
Retail sales saw their biggest monthly drop on record during March as the coronavirus pandemic forced restaurants, bars and many stores to temporarily close across the nation and stay-at-home orders also impacted gasoline sales, reported the National Retail Federation. But sales soared at grocery stores and were up at other retailers deemed “essential” as well, offsetting some of the decline. “COVID-19... Read More
Fujifilm accelerates the production of antiviral drug “Avigan Tablet” for COVID-19 News 

Fujifilm accelerates the production of antiviral drug “Avigan Tablet” for COVID-19

GaryPageau ,
FUJIFILM Corp. announced the expansion of its manufacturing capacity at FUJIFILM Toyama Chemical Co. Ltd. to significantly increase the production of its influenza antiviral drug “Avigan Tablet” for treating patients with COVID-19. To further boost the supply of Avigan, Fujifilm is also allocating additional capacity at its FUJIFILM Wako Pure Chemical Co. Ltd. facility in Japan, for the production of pharmaceutical intermediates used to manufacture... Read More