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U.K.-based theme-park photography company Picsolve owed £23 million to creditors before it was purchased by PomVon, according to InsiderMedia. According to documents filed by Deloitte, unsecured creditors were owed £23.3 million, £19.3m of which is in relation to intercompany balances with the rest of the group. Despite growing sales, the company had been losing money since 2011.
The Dead Pixels Society has reached out to Kodak Alaris for comment and has not yet received a statement.
Visual 1st: When innovation adoption waves get messy – and what that means for both standalone and smartphone cameras
Macmillan Cancer Support, a U.K. charity, has teamed up with Snapfish UK where Snapfish will donate a portion of the sales from specially-selected products to Macmillan, via Metro UK.
Latvian Public Broadcasting reports Printify and Printful, “two successful and similarly-named Latvian companies, have reached an agreement after legal action in the United States — with both parties claiming to be satisfied with the outcome.” The report noted the companies reached an agreement including more than $100,000 in compensation for Printful and a court-issued obligation for Printify not to pursue any further activities that violate Printful’s intellectual property rights.
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Former Photobox CFO moves to GoCompare
Capturelife Inc. appointed Vincent van den Berg, former founder of Adventure Photos, joins Capturelife as Head of Business Development for Latin America. van den Berg’s professional photography career spans 20 years working with major brands in the cruise, resort, and attractions industries.
4media group, Inc., a global integrated marketing and communications agency, named Thomas Hoehn to executive vice president, Digital Marketing and Social Media. Hoehn previously held leadership positions with arts and crafts retailer Michaels for two years, Walmart for six years, and Eastman Kodak Co. for over 23 years.