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Not so fast: Fujifilm looking to sue Xerox for deal cancellation News 

Not so fast: Fujifilm looking to sue Xerox for deal cancellation

At an earnings briefing last week, Fujifilm Holdings Corp. Chief Operating Officer Kenji Sukeno said the spurned company will seek legal remedies after Xerox Corp. pulled out of the proposed merger with Fujifilm subsidiary, Fuji Xerox. Reuters reports Sukeno said Xerox has no legal right to unilaterally terminate the deal and that the deal is in the best interests of Xerox shareholders.... Read More
Shutterbug moves forward as web-only publication News Press releases 

Shutterbug moves forward as web-only publication

Venerable Photography Media Brand to Focus on Website After Ending Print Edition May 22, 2018 — Shutterbug is moving forward as a web-only publication (Shutterbug.com) after ending its print magazine after 45 years, Shutterbug Editor-in-Chief Dan Havlik announced today. “Shutterbug magazine had a great run, but the media landscape has changed dramatically in the last 4+ decades, and we felt... Read More
Picture People abruptly closes doors: News reports News 

Picture People abruptly closes doors: News reports

Struggling portrait studio chain The Picture People closed doors without notice on Friday, leaving employees and customers in a lurch, according to news reports. The chain, which emerged from Chapter 11 bankruptcy in November, 2016, operates in-store studios in WalMart, Buy Buy Baby, Sears and other in-mall locations. KDKA -TV in Pittsburgh filed the report above, noting TPP Operating Inc., the... Read More
CaptureLife signs PortraitEFX a partner for the company’s high-volume photography solution News Press releases 

CaptureLife signs PortraitEFX a partner for the company’s high-volume photography solution

PortraitEFX is making the CaptureLife solution available to all its franchisees across the United States and Canada to deliver a better experience aligned with today’s consumers modern and mobile journey. Minneapolis, MN – May 17, 2018 – CaptureLife Inc., the leading provider of enterprise mobile marketing and commerce solutions for professional photography businesses, as well as the developer of the... Read More
Nikon to dissolve a consolidated Chinese manufacturing subsidiary of imaging business News Press releases 

Nikon to dissolve a consolidated Chinese manufacturing subsidiary of imaging business

Editor’s Note: This is a follow-up to the Oct. 30, announcement Nikon was going to close its Wuxi plant due to the increase in smartphone sales. Earlier this week, Olympus also announced the closure of China camera plant. Nikon Corporation (Nikon) has announced at the Board of Directors’ Meeting held today the resolution that we will begin conducting relevant dissolution... Read More
First Chicago-area Print Refinery grand opening this weekend Events News 

First Chicago-area Print Refinery grand opening this weekend

The first Chicago-area Print Refinery is having a grand opening celebration this weekend. The Print Refinery @ Click Incorporated is operated by Nick Gillenwater. The store is located at 1000 Butterfield Road, Ste 1025, Vernon Hills, IL 60061. The Print Refinery is the flagship offering from the IPI Member Network. The group describes The Print Refinery as community connecting families, friends, and colleagues... Read More
PSPC consulting firm launched to aid volume photographers News People on the Move 

PSPC consulting firm launched to aid volume photographers

Longtime school photography executive Mark Schoenrock has assembled a team of advisors to serve volume photographers, photography companies, vendors and suppliers of all sizes and sales volumes, under the name Professional School, Sport and Special Event Photography Consulting (PSPC). Schoenrock says the venture was launched late last year in response to requests from volume photographers and vendors for information and advice on... Read More
Blurb Inc. launches new print API with two partners News Press releases 

Blurb Inc. launches new print API with two partners

BuzzFeed and StoryWorth Successfully Integrate New Blurb Print Platform to Provide Their Customers with Customized Print Content San Francisco, May 15, 2018 (GLOBE NEWSWIRE) — Blurb, Inc., the global leaders in creative book and magazine self-publishing platform, announced the release of Blurb’s new Print API and integrations with BuzzFeed and StoryWorth. Blurb’s new API enables content-focused organizations to offer their... Read More
Reversal of fortune: Xerox scuttles Fuji Xerox merger, acquiesces to activists News Press releases 

Reversal of fortune: Xerox scuttles Fuji Xerox merger, acquiesces to activists

The board of Xerox Corp. announced yet another change in direction, this time embracing change proposed by dissident investors Carl Icahn and Darwin Deason. The company has terminated its proposed combination with Fuji Xerox, and replaced half of its board. CEO Jeff Jacobson resigned (again), after rejoining the company last week.  The new board will now investigate measures to “maximize... Read More
Surplus cinematography assets from Clairmont Camera up for bid News Press releases 

Surplus cinematography assets from Clairmont Camera up for bid

Tiger Group, Hilco Industrial to sell cameras, lenses, other equipment owned by North America’s largest private motion picture camera equipment rental company in May 22nd online auction LOS ANGELES, May 14, 2018 /PRNewswire/ — With Keslow Camera‘s August 2017 acquisition of Clairmont Camera creating inventory redundancies, Tiger Group and Hilco Industrial will conduct what’s believed to be the largest auction... Read More
KodakOne platform backers looking to raise additional $10 million News Press releases 

KodakOne platform backers looking to raise additional $10 million

Bloomberg reports Wenn Digital Inc., the company licensing Eastman Kodak Co.‘s name, is seeking $10 million to $40 million from accredited investors starting May 21. The initial coin offering for the KodakOne coin has raised $3.25 million from three institutional investors so far and Wenn management expects to raise an additional $6.75 million in a second round of funding that should... Read More
Taopix appoints Yon Face as distributor in South Korea News Press releases 

Taopix appoints Yon Face as distributor in South Korea

The world’s leading provider of photo commerce and personalization software, Taopix signs partnership agreement with leading South Korean art printing, public communication and design firm, Yon Face, for the distribution and support of the Taopix platform in the South Korean market. YonFace is the solutions subsidiary on the well-known and well-established company, Yon Gallery. Founded in 1980, Yon Gallery quickly proved itself... Read More
METRO completes the acquisition of the Jean Coutu Group News Press releases 

METRO completes the acquisition of the Jean Coutu Group

The combination creates a new retail leader with revenues of approximately $16 billion. François J. Coutu will continue to lead the Jean Coutu Group as its president. François J. Coutu and Michel Coutu are appointed to METRO INC.’s board of directors. Montréal, May 11, 2018 — METRO INC. (“METRO”) (TSX: MRU) announced today that it has completed the acquisition of... Read More
Best Buy updates logo News 

Best Buy updates logo

Leading consumer electronics retailer Best Buy has updated its logo for the first time in three decades, according to Minnesota Star Tribune. The chain’s new marketing focus will be on the staff of Best Buy, rather than price. The new tagline is “Let’s talk about what’s possible.” “We feel our biggest advantage is our people,” and in particular the blue-shirted store... Read More
Xerox launches Iridesse four-color production press with specialty inks News 

Xerox launches Iridesse four-color production press with specialty inks

Meet the all-new Xerox Iridesse Production Press — a six station press that combines four-color printing with two specialty dry inks in a single printing pass. NORWALK, Conn.–(BUSINESS WIRE)–The company that invented the copier, laser printing and print-on-demand is announcing another first in the world of print – a high speed, six station color press that combines four-color printing with... Read More