ME Group upgrades outlook Earnings reports 

ME Group upgrades outlook

GaryPageau ,
U.K. instant-services company ME Group International plc (formerly known Photo-Me International) reports continued positive trading momentum and has upgraded its FY22 outlook.  The company said the group’s first-half performance was ahead of expectations, with a strong recovery seen across Continental Europe. This positive trading momentum continued throughout the second half, with stronger consumer demand for all the group’s services. Trading... Read More
Blurb launches sister brand, MdBy News 

Blurb launches sister brand, MdBy

GaryPageau ,
Boutique personalized book publisher Blurb has launched a sister brand, MdBy, featuring “a curated collection of customizable photo albums and framed prints for memory-keeping and gift-giving, built for those big moments (and every day in between).” The announcement said the MdBy development was at the request of Blurb users who wanted a simple web-based bookmaking tool that anyone can use to... Read More
ACDSee launches Photo Studio 9 for Mac organizing software News 

ACDSee launches Photo Studio 9 for Mac organizing software

GaryPageau
ACDSee has launched Photo Studio for Mac 9, providing a full-featured Digital Asset Management (DAM) and non-destructive editing tool. The new software provides photo editing,  file management, and with new updates and features, including: Facial Detection and Recognition Develop Presets provide an easy way to save and manage Develop mode presets, including over 50 new pre-installed presets. History allows for... Read More
Shutterfly saying goodbye to free storage for non-paying customers Updates 

Shutterfly saying goodbye to free storage for non-paying customers

GaryPageau , ,
Personalized product leader Shutterfly is notifying lagging customers that, due to an upcoming change in its 2023 Terms of Service, there is no longer free lifetime storage unless a purchase is made. The move is consistent with many other photo services, like Google Photos and Shoebox, which ended free unlimited storage of photos. At one time (and prior to its... Read More
Lifetouch celebrating two decades of memory missions with school construction News 

Lifetouch celebrating two decades of memory missions with school construction

GaryPageau ,
Volume photography company Lifetouch is celebrating more than 20 years of Memory Missions by bringing a team of volunteers to Guatemala where they will help build a more environmentally responsible school out of plastic bottles. The trip takes place from Jan.18-25, 2023. Since 2000 the Lifetouch Memory Mission philanthropic initiative enables company employees and national education partners to travel worldwide to provide intensive volunteer... Read More
Ricoh debuts the PENTAX KF DSLR News 

Ricoh debuts the PENTAX KF DSLR

GaryPageau , ,
Ricoh Imaging Americas Corp. announced the sub-$1,000, mid-range PENTAX KF DSLR camera. This compact, dustproof and weather-resistant camera, optimized for all types of outdoor photography, provides a host of advanced, user-friendly features including a bright optical viewfinder, one of the benefits of DSLR shooting. The PENTAX KF DSLR will be available starting in late November 2022 at www.us.ricoh-imaging.com as well as at Ricoh Imaging-authorized... Read More
Zenfolio, Format giving away $1 million in free subscriptions Promotions 

Zenfolio, Format giving away $1 million in free subscriptions

GaryPageau ,
Zenfolio and Format, a website and business resource provider for photographers, artists, and creative professionals, are expanding a popular program giving away more than $1 million worth of subscriptions to support students and educators. Photography students and educators can get a free one-year subscription to the Zenfolio Portfolio plan here. Zenfolio began the initiative in 2021 but now Zenfolio and... Read More
Nikon reports second-quarter net profit of ¥7 billion Earnings reports 

Nikon reports second-quarter net profit of ¥7 billion

GaryPageau
Nikon Corp. reported a net profit of ¥7 billion for the second quarter ending Sept. 30, 2022, a decline from the year-ago profit of ¥10.6 billion. For the second quarter, revenues rose 1.4% year over year to ¥142.7 billion.   Imaging Products, which is 37.4% of Nikon’s total revenues, had revenues rose 36% year-over-year to ¥53.3 billion in the reported... Read More
Fujifilm Holdings reports second-quarter net income of ¥53.8 billion Earnings reports 

Fujifilm Holdings reports second-quarter net income of ¥53.8 billion

GaryPageau
FUJIFILM Holdings Corporation reported a net income of ¥53.8 billion in the second quarter ending Sept. 30, 2022, compared with ¥39 billion in the year-ago quarter. Revenues of ¥724 billion increased 16.3% year over year, with the gains driven by growth in Medical Systems, Electronic Materials, and Imaging business segments. Segment Details For the second quarter (ended Sep 30, 2022),... Read More
Canon adds subscription to webcam utility News 

Canon adds subscription to webcam utility

GaryPageau
Canon U.S.A., Inc. unveiled EOS Webcam Utility Pro, which extends upon the success of the original free utility software. The original EOS Webcam Utility software was downloaded for free by millions across the globe during the pandemic. EOS Webcam Utility Pro adds a subscription that provides the option to unlock extensive new capabilities ranging from multiple camera connections, wireless connectivity,... Read More
Horn Photo sells to Teamshares, adds employee owners Acquisitions Feature News 

Horn Photo sells to Teamshares, adds employee owners

GaryPageau ,
Fresno, Calif-based camera specialty store Horn Photo is 10% employee-owned after owners Stan and Shelley Grosz sold the business to Teamshares, a fintech company focusing on purchasing small businesses from retiring owners and working to keep all employees by providing equity in the business. Horn Photo is the 57th small business to use Teamshares to transition to an employee-owned business... Read More
Kodak reports lower third-quarter net earnings News 

Kodak reports lower third-quarter net earnings

GaryPageau
Eastman Kodak Co. reported financial results for the third quarter 2022, including consolidated revenues of $289 million, essentially level with last year, but GAAP net income declined to $2 million, compared with $8 million for Q3 2021. “For the third quarter of 2022, Kodak delivered year-over-year revenue growth for the sixth consecutive quarter. I’d like to thank our loyal customers... Read More
Fast-growing Amaze acquires Spring Acquisitions News 

Fast-growing Amaze acquires Spring

GaryPageau , , ,
Amaze Software Inc. announced the acquisition of Spring’s best-in-class merchandising platform. Spring is most likely better known to imaging industry executives as Teespring, which is changed to in January 2021. Terms weren’t disclosed. In a statement, the company said, “We believe anyone can be a creator and those creators play an important role in how we learn, connect, and find... Read More
French AI imaging company PhotoRoom raises $19 million Investments 

French AI imaging company PhotoRoom raises $19 million

GaryPageau
French startup PhotoRoom announced a $19 million Series A funding round, lead by Balderton Capital with participation from Facebook, Hugging Face and Disney+. Existing investor Adjacent is also investing. Since launch, the PhotoRoom app has been downloaded 40 million-plus times worldwide with a 4.7-star rating from 750,000 reviews. According to the announcement, the company was founded in late 2019 by Matthieu... Read More