Koch Equity Development invests $450 million for minority stake in Jostens News 

Koch Equity Development invests $450 million for minority stake in Jostens

GaryPageau , 0 comment
Platinum Equity portfolio company Jostens, the Minneapolis provider of custom class jewelry, graduation products, and yearbooks, announced a nearly $640 million recapitalization in connection with a $450 million strategic equity investment from an affiliate of Koch Equity Development LLC, the principal investing and acquisition arm of Koch, Inc., and a debt refinancing transaction. The equity investment is subject to consummation of the debt refinancing.... Read More
GoPro third-quarter revenue drops 12% to $259 million Earnings reports 

GoPro third-quarter revenue drops 12% to $259 million

GaryPageau 0 comment
GoPro, Inc. announced financial results for its third quarter ended Sept.30, 2024. The company had third-quarter revenue of $259 million, down 12% over last year, but subscription and services revenue – spurred by a 2% increase to 2.56 million GoPro subscribers – grew 11% to $27.5 million. “In Q3, revenue of $259 million exceeded the midpoint of our guidance, and... Read More
Kodak reports level third-quarter results, but will be investing more in film production Earnings reports 

Kodak reports level third-quarter results, but will be investing more in film production

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Eastman Kodak Co. reported third-quarter financial results, including consolidated revenues of $261 million, compared with $269 million for Q3 2023, a decrease of $8 million or 3 percent. Kodak reported gross profit of $45 million, compared with $50 million for Q3 2023, a decrease of $5 million or 10 percent.  GAAP net income of $18 million, compared with net income... Read More
FotoNation completes management buyout, returning company founders to leadership Acquisitions News 

FotoNation completes management buyout, returning company founders to leadership

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Imaging technology leader FotoNation has done now for the third time what other companies can’t do once: Complete a management buyout by the founders. FotoNation is a leading provider of ultralow-power, high-efficiency computer vision AI solutions, announced its founders have completed a management buyout of the company’s chip-level hardware, firmware, and imaging business. Terms weren’t disclosed. FotoNation LTD is an... Read More
CNBC/NRF Retail Monitor: Strong retail sales gains in October after a slow September   News 

CNBC/NRF Retail Monitor: Strong retail sales gains in October after a slow September  

GaryPageau 0 comment
Retail sales bounced back strongly in October as the economy remained in good shape and consumers moved past concerns about a port strike and other issues that slowed September’s sales, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation (NRF). “Healthy spending resumed in October as consumers continued to benefit from this... Read More
Strong Imaging Business results bolster Fujifilm’s second-quarter results Earnings reports 

Strong Imaging Business results bolster Fujifilm’s second-quarter results

GaryPageau ,
  FUJIFILM Holdings Corp. reported second-quarter net income attributable to shareholders of 49.6 billion Japanese yen, down 16.2 percent from last year’s 59.1 billion yen, due to an increase in non-operating expenses. Operating income, however, edged up 0.1 percent to 73.4 billion yen from 73.3 billion yen a year ago. Revenue for the quarter grew 5.2 percent to 765.7 billion... Read More
NRF: Holiday spending still on track for steady growth amid ‘mixed signals’ in recent jobs and GDP Data Market research News 

NRF: Holiday spending still on track for steady growth amid ‘mixed signals’ in recent jobs and GDP Data

GaryPageau ,
The National Retail Federation still expects steady sales growth for the winter holiday season despite contradictions in the latest economic indicators, said Jack Kleinhenz, chief economist, NRF. “The economic data calendar was quite busy at the end October but while there were contradictions and mixed signals, we continue to believe the U.S. economy remains in a good place,” Kleinhenz said... Read More
Nikon debuts the Z50II compact mirrorless camera New Products 

Nikon debuts the Z50II compact mirrorless camera

GaryPageau , ,
Nikon announced the new Z50II, a compact, fully-featured mirrorless camera that lets your creativity run free while enabling the effortless capture of amazing photos and video. This camera is the lifestyle accessory for those who seek innovative creative features like film-inspired looks and easy sharing, giving the freedom to capture the feeling of a fleeting moment, or conveying core memories... Read More
Secrets to superior cash flow management, with Shena Marie White Podcasts 

Secrets to superior cash flow management, with Shena Marie White

GaryPageau ,
In this episode of the Dead Pixel Society podcast, listeners are taken on a transformative journey with Shena Marie White, a dynamic entrepreneur who turned a devastating tax crisis into a thriving business opportunity. As the founder of Your Pocket CFO, White’s story is not just one of survival, but of strategic innovation and empowerment, offering invaluable insights into effective... Read More
Hasselblad adds XCD 3,4/75P len for portraits, street, and still-life photography New Products 

Hasselblad adds XCD 3,4/75P len for portraits, street, and still-life photography

GaryPageau
Hasselblad Inc., announced the XCD 3,4/75, the latest addition to the Hasselblad XCD Portable (P) lens series and the first standard lens in the lineup. With a 59mm full-frame equivalent focal length and the largest aperture in the XCD P series at f/3,4, the XCD 3,4/75P is designed for photographers who need powerful performance in a lightweight, agile form. The... Read More
Canon announces firmware update adds Frame.io’s Camera to Cloud ecosystem in select cameras Updates 

Canon announces firmware update adds Frame.io’s Camera to Cloud ecosystem in select cameras

GaryPageau , ,
Canon U.S.A., Inc., announced a variety of firmware updates for key models in its Cinema EOS and professional camcorder line of cameras, including enabling connectivity to Frame.io’s Camera to Cloud ecosystem in select cameras.  Also, Version 1.2 of the Canon Multi-Camera Control App for iPhone and iPad* will be available from the App Store. All updates are a direct result... Read More
Amaze Software, Fresh Vine Wine merge to redefine the creator powered commerce landscape News 

Amaze Software, Fresh Vine Wine merge to redefine the creator powered commerce landscape

GaryPageau ,
Amaze Software, Inc. (through Adifex Holdings LLC) and publicly traded Fresh Vine Wine, Inc. have signed a definitive agreement to merge, uniting Amaze’s creator-powered commerce technology with Fresh Vine Wine’s premium wine expertise. This merger marks a pivotal moment for the creator economy, setting new standards in product offerings and innovative creator-driven brand engagement opportunities, the company said in a press... Read More
Gelato launches Amazon integration Partnerships 

Gelato launches Amazon integration

GaryPageau ,
Print personalization platform Gelato announced an integration with online retailer Amazon. This partnership will allow creators to design and launch products—ranging from wall art and calendars to tote bags and sportswear—within minutes, and then sell it through their Amazon storefront. Once an order is placed, Gelato takes care of production, shipping, and delivery. This is currently available to merchants selling... Read More
Entourage Yearbooks announces 13th annual National Yearbook Contest Events Promotions 

Entourage Yearbooks announces 13th annual National Yearbook Contest

GaryPageau
Entourage Yearbooks announced the winners of The 13th annual Entourage Yearbooks National Yearbook Competition, a national contest that judges school yearbooks on the dimensions of creativity, originality, and journalistic relevance. MOre than 800 entries were submitted by hundreds of schools enter across all 50 states at the Elementary, Middle School, and High School levels. To participate, schools had to submit... Read More
Jostens launches The Mascot Shop to serve schools for personalized products News 

Jostens launches The Mascot Shop to serve schools for personalized products

GaryPageau ,
Jostens announced The Mascot Shop, a platform for schools to offer personalized products using school-approved branding. The platform makes it easy to order spirit wear in bulk but also offers the added convenience of fulfilling individual orders online. This level of flexibility enables schools to minimize inventory risk while maximizing their overall reach, revenue, and fundraising potential. The platform’s bulk-ordering... Read More