Tag: GrooveBook

Shutterfly reports ransomware attack; Lifetouch and BorrowLenses affected

December 29, 2021December 29, 2021 GaryPageau BorrowLenses, GrooveBook, Lifetouch, Shutterfly

Personalized photography leader Shutterfly reported a ransomware attack on Sunday, Dec. 26. The incident was first made public by Bleeping Computer, which claimed a source identified the attackers as the Conti ransomware group. In a statement (reproduced below) Shutterfly said portions of the Lifetouch and BorrowLenses business were affected. They experienced interruptions with Groovebook, manufacturing offices, and some corporate systems as... Read More

Earnings reports Press releases

Shutterfly announces fourth quarter and full year 2017 financial results

January 30, 2018 GaryPageau GrooveBook, Lifetouch, Shutterfly, Tiny Prints1 Comment

REDWOOD CITY, Calif.–(BUSINESS WIRE)–Shutterfly, Inc. (NASDAQ:SFLY), the leading online retailer and manufacturer of high-quality personalized products and services, today announced financial results for the fourth quarter and full year ended December 31, 2017. “Q4 was a strong conclusion to a year in which we made significant strides in positioning Shutterfly for long-term, profitable growth,” said Christopher North, President and Chief Executive... Read More

News Opinion

Takeways from Shutterfly’s third-quarter earnings

October 30, 2017November 8, 2017 GaryPageau AWS, BorrowLenses, GrooveBook, Shutterfly, Shutterfly Business Solutions, Tiny Prints

Shutterfly reveals move to AWS, will retain BorrowLenses Shutterfly reported its third-quarter earnings last week, and gave insight into the progress of its brand consolidation and business-solutions expansion. As reported earlier, the Redwood City, Calif-based company trimmed its brands down to just Shutterfly, TinyPrints and Weddings, while combining these on to a single technical platform. Doing so caused an expected... Read More

Marketing Opinion

“Shark Tank” judges harsh to printing app entrepreneurs, Flag

July 10, 2017July 20, 2017 GaryPageau Flag, GrooveBook, Shark Tank, Shutterfly

Photo printing apps have has a mixed result on ABC’s “Shark Tank”, the show where entrepreneurs pitch well-known venture capitalists known as “sharks”. Over eight seasons, the “sharks” have seen dozens of pitches and made selective investments. In 2014, the app GrooveBook not only secured a $150,000 investment from Kevin O’Leary and Mark Cuban, the business was soon acquired for... Read More

News Opinion

Google wants in on the photo book business. But why?

May 21, 2017 GaryPageau Chatbooks, Google, Google Photos, GrooveBook, Mixbook, Mosaic, photo books, ReSnap, Tapsbook

Google wants in on the photo book business. This was revealed last week at the Google I/O conference where the Google Photos team unleashed three announcements – Suggested Sharing, Shared Libraries, Photo Books – along with the statement there are 500 million regular users, uploading 1.2 billion photos and videos a day. Second to Facebook, Google Photos is probably the... Read More

Earnings reports Opinion

Shutterfly earnings report reveals overall printing market trends and challenges

April 26, 2017April 28, 2017 GaryPageau Amazon Photos, Artifact Uprising, Best Buy, ColorCentric, CVS, District Photo, Fastsigns, Google Photos, GrooveBook, Mixbook, Print Refinery, RPI, Shutterfly, Snapfish, Target, ThisLife, Walgreens2 Comments

Yesterday, photo-printing industry leader Shutterfly Inc. released its first quarter earnings, which revealed once again the on-going struggles of making a year-round business out the typically seasonal photo-printing business. Shutterfly has invested millions in photo-printing plants with national reach, and then watch much of the equipment sit idle until the fourth quarter. The challenges faced by Shutterfly, however, are also mirrored... Read More

Opinion

Shutterfly buys Groove Book. Who wins? “Shark Tank”

November 20, 2014June 9, 2022 GaryPageau GrooveBook, Jeff Housenbold, Shark Tank, Shutterfly

All the ballyhoo over the purchase of “Shark Tank” darling Groove Book by Shutterfly created a lot of excitement. The $14.5 million purchase is “the biggest exit in ‘Shark Tank’ history and the first purchase of a company featured on the show by a publicly traded firm,” according to CNBC, which lavished praise on the entire deal. Extended interviews with Shutterfly... Read More