Industry Notes for the Week of Aug. 8

Jeremy Wills, senior analyst at Futuresource Consulting, writes at LinkedIn about the continued popularity of photo prints in Western Europe: “The continuing popularity of Photo Prints with the Millennials and Gen-Z, and the success of some more recent, app-based resellers contributed to a 1.3% rise in Photo Prints value in 2019 (a pivot from declines over many years up to 2019), which was coupled with Photobooks and Photo-Merchandise returning 1.8% and 7.4% value growth respectively.”

The virtual edition of the conference, held Oct. 14 & 15, 7:45 am -12:00 pm Pacific Time will have plenty of interactive opportunities during the sessions and breaks (private chats with fellow attendees, Q&A chat questions for speakers, live polls), but the group also partnered with Capsule to develop a solution for attendees to easily introduce themselves through a short video clip, tell why they’re attending, and share what types of partners they’re seeking to meet. This page with attendee videos will be password-protected and can only be accessed by fellow attendees.

Building on its recent webinar and online training series for print and packaging professionals, Electronics For Imaging, Inc. will offer a new EFI Engage Conference online next January.

VSCO debuted a new Kodachrome-inspired preset — KC25 — to the VSCO preset library. KC25 will be available to all VSCO users for free until Aug. 25 and can be permanently added to preset libraries with a VSCO membership subscription. The app also added speed and reverse editing tools for video.

Unscreen Pro from Remove.bg supports background removal of videos of any length. With Full HD resolution, the output quality is almost 10 times better, preserves framerates and audio tracks and integrates with the video editing software.

Unsplash is releasing for free the most complete high-quality open image dataset ever for anyone to use to further research in machine learning, image quality, search engines, and more. The company says the more than 2 million images, from more than 200,000 global photographers, includes 16GB of accompanying data.

Data loss can have serious implications for any person, especially for precious memories in the form of family photos or videos. According to the recent Data Recovery Survey 2020 conducted by CleverFiles, the creators of file recovery software Disk Drill, 63% of respondents have recently lost their personal digital data.

Moody’s rates Shutterfly B+

Moody’s Investors Service has completed a periodic review of the ratings of Shutterfly, LLC, and maintained the companies B3 rating. In June, Moody’s downgraded the company’s rating from B2 to B3, from June 20.

Kodak reports second-quarter 2020 loss

Eastman Kodak Co. reported second-quarter 2020 revenues of $213 million and a net loss of $5 million.

Kornit Digital reports second-quarter 2020 results

Kornit Digital Ltd., a leading provider of digital printing solutions for the global textile industry, today reported second-quarter revenue of $37.4 million, with a loss of $5.3 million. In other news, the company announced the acquisition of Custom Gateway, a provider of cloud software workflow.

GoPro announces second-quarter revenues up 12%

GoPro, Inc. announced financial results for its second quarter ended June 30, with revenue up 12% of $134 million. Sales from GoPro.com grew to 44%.

Interesting items from around the web

Canon EOS 5 overheating issues becoming known 

Inside Imaging reports the “Canon’s EOS R5 revolutionary 8K video capabilities now appear half baked and crippled by overheating issues.”

Fawkes Tool hide faces from biometric facial recognition

A team of scientists at the University of Chicago’s Sand Lab has created a tool that is designed to thwart facial recognition algorithms, according to FindBiometrics.

ReSnap: From an innovative start-up to a global player in a short space of time

Norwegian AI photobook company ReSnap was featured in Nijmegen Business, discussing the company’s startup roots. Despite being purchased by Albelli in 2017, ReSnap stayed in Nijmegen.

Auto repair shop leases former Ritz Camera headquarters in D.C. suburbs

Advanced Collision signed a lease for 37,000 square foot office and warehouse space at 12200 Baltimore Ave. in Beltsville, via Bisnow.

Open Positions

AAA Imaging

AAA Imaging is looking for a Product Development Manager, involved in creating new products that will be sold to photo retailers around the country.

Albelli

Albelli, the Netherlands based operator of European brands – Albelli, Bonusprint, Fotoknudsen, Onskefoto, MonAlbumPhoto, and ReSnap – is looking for a Head of Performance Marketing at its Amsterdam headquarters.