Shutterfly iPhone app create photo gifts

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You can “create perfect personalized gifts in minutes” from your iPhone, Shutterfly says — and see an instant preview of your chosen print product on the screen.

The online photo service says its new iPhone app combines photo storage, viewing and photo gift creation, “safely and securely. Shutterfly’s new iPhone app will allow customers to take photos from their iPhones and easily share them with loved ones and create prints, photo gifts and lasting memories.”

The free app works with photos on the iPhone, as well on Facebook, Instagram and Shutterfly.

 

Fujifilm closing SeeHere photo site; Shutterfly “consolidates”

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Fujifilm North America will close its SeeHere.com photo creating and sharing website on November 8, 2012.

Since October 2008, the company says, SeeHere.com has “put users in control of the creative process with free-form product composer tools, customized share pages, shared projects, and unlimited free storage of images.”

Customers can transfer images to Shutterfly. In its own announcement, Shutterfly says it “continues to consolidate the industry and today welcomed SeeHere.com customers. We are thrilled to be able to provide SeeHere members with a new home for their treasured memories.”

 

Shutterfly acquires Penguin Digital for mobile ecommerce

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By 2013, more than half of all mobile phone users in the US will own a smartphone, Internet photo service Shutterfly says — and its acquisition of mobile application developer Penguin Digital “supports our mobile strategy aimed at giving consumers better ways to engage with their photos and personalize products on the go.”

It was only in January 2012 when Penguin launched its Mobile Photo Factory iPhone app, which creates physical prints and photo-based merchandise. The MoPho application will be rebranded and updated over the next few months and will add to Shutterfly’s mobile offerings, which include iPhone and iPad apps. Penguin also developed a software development kit that lets other app developers integrate printing of photos and the creation of photo based products into their own applications, the companies say.

Penguin Digital’s founders and team will establish Shutterfly’s new technology center in New York City. Shutterfly has previously acquired of Nexo, TinyPrints, and Photoccino.

 

Shutterfly names Brian Regan Chief Financial Officer

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Brian Regan is the new Chief Financial Officer at Shutterfly, following the January departure of Mark Rubash. Regan will begin his role at Shutterfly on Aug. 20, 2012. He will be responsible for managing all financial activities, including strategic planning, financial planning and analysis, investor relations, customer insights and analysis, mergers and acquisitions, accounting and legal.

Regan joins Shutterfly from Wize Commerce / Nextag, where he served as chief financial officer of the global digital marketing and online commerce leader. Previously, he was executive vice president and chief financial officer at Ticketmaster Entertainment, where Regan led global financial operations for the world’s leading live entertainment ticketing and artist management company in 20 global markets, generating approximately $1.5 billion in revenue and more than $250 million in EBITDA. At Ticketmaster, Regan provided operational, strategic and financial leadership to the senior executive team across all business units as a public company until its merger with Live Nation Entertainment.

 

Shutterfly grows revenue

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Online photo service Shutterfly announced its financial results for the second quarter ended June 30, 2012, and says its Net revenues totaled $99.0 million, a 31 percent year-over-year increase.

Transacting customers totaled 1.9 million, a 14 percent pro forma year-over-year increase.

Orders totaled 3.0 million, a 15 percent year-over-year increase.

Average order value was $31.70.

However, the company’s GAAP net loss was $9.5 million, compared to a $3.7 million loss in the second quarter of 2011.

 

Shutterfly acquires Israeli photo software company Photoccino

Shutterfly Inc., Redwood City, Calif., acquired Photoccino, a developer of ground breaking technologies for photo ranking, analysis and organization based in Haifa, Israel. Photoccino’s current employees will join Shutterfly and continue to be based in Haifa.

Photoccino’s advanced image analysis and selection technologies will be integrated into products across the Shutterfly, Tiny Prints, Wedding Paper Divas, and Treat brands. With Photoccino’s capabilities, customers will be able to more efficiently organize and select the best photos from their ever-increasing archives so they can quickly and easily create photo books, calendars, cards, and photo gifts. Photoccino’s technology applies proprietary algorithms to analyze and evaluate the quality and content of photos, ranks them, and automatically creates photo products using the customer’s best images.

 

Kodak Gallery customers moving images to Shutterfly

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Shutterfly Inc., Redwood City, Calif., has set a May 28 deadline for Kodak Gallery customers to opt out of having their images transferred to Shutterfly. After May 28, Kodak Gallery customers will have the opportunity to link their Kodak Gallery account to a newly created or existing Shutterfly account. Over the coming months, their photos will automatically be transferred to Shutterfly, free of charge. There are an estimated five billion photos in the Kodak Gallery.

“I am thrilled to welcome millions of Kodak Gallery customers to the Shutterfly family. Our priority is to ensure every photo gets safely and securely transferred to Shutterfly,” says Jeffrey Housenbold, president and CEO of Shutterfly. “We promise to make the transfer process very easy for customers and will communicate our progress every step of the way.”

Shutterfly welcomes Kodak Gallery customers

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Online photo service Shutterfly officially welcomed Kodak Gallery members — after it acquired Kodak’s online service and customers… and their images.

“Working together with Kodak Gallery over the coming months, Shutterfly will securely transfer every Kodak Gallery customer photo, more than five billion in total, to the Shutterfly platform, free of charge,” the company says. “We promise to make the transfer process very easy for customers and will communicate our progress every step of the way.”

Kodak Gallery customers have until May 28 to choose to opt out of moving their photos to Shutterfly. 

The two competing services started on the same day in 1999. The Imaging Resource has a good historical look here.

Shutterfly reports 61-percent increase in first-quarter sales

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Shutterfly Inc., Redwood City, Calif., reported first-quarter net revenues totaled $91.3 million, a 60% percent year-over-year increase. First-quarter profits still elude the company, however, as the GAAP net loss widened $10.0 million, compared to $7.8 million in the first quarter of 2011.

For the quarter, Personalized Products & Services net revenues totaled $70.2 million, a 72 percent year-over-year increase, and represented 77 percent of total net revenues. Net revenues from Prints totaled $14.9 million. Commercial Print net revenues totaled $6.2 million.

Jeff Housenbold, president and CEO, Shutterfly

"Shutterfly's Jeff Housenbold

“The first quarter was a solid start to the year for us with strength across all three of our business categories,” says Jeffrey Housenbold, president and CEO. “Capitalizing on our scale and profitability, we enhanced our product and service offerings, launched Treat, our 1:1 greeting card service and were successful in negotiating the transfer of Kodak Gallery’s customer accounts and data to Shutterfly.”

Transacting customers totaled 1.6 million, an 18 percent year-over-year increase. Orders totaled 2.5 million, a 22 percent year-over-year increase. Average order value was $24.60, a decrease of 8 perccent year-over-year.

For the second quarter, Shutterfly is projecting net revenues to range from $90-92 million, a year-over-year increase of 19-21 percent. This range assumes minimal revenue from the pending Kodak Gallery transaction.

 

Shutterfly’s $23.8 million bid wins Kodak Gallery assets

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With no competing bids on the table, Shutterfly Inc., Redwood City, Calif., was the winning bidder of the assets of Kodak Gallery, Emeryville, Calif. Shutterfly’s bid was $23.8 million. Following final approval by the bankruptcy court, the Shutterfly and Eastman Kodak Co., Rochester, N.Y., will contemplate promptly closing the acquisition. Following the closing, Shutterfly will work with Kodak to transfer Kodak Gallery’s U.S. and Canadian customers and images onto the Shutterfly platform.

“I’m excited to welcome Kodak Gallery’s customers to Shutterfly and look forward to working with the Kodak team to provide a smooth transition for their customers and offering them industry-leading products and customer service that will enhance the way they share and preserve everyday memories,” says Jeffrey Housenbold, Shutterfly’s CEO and president. “Our acquisition of Kodak Gallery is a perfect example of the consolidation that we believe will play an important role in helping Shutterfly solidify our leadership position in the social expression and personal publishing category. Moving forward, we will continue to expand our market position through organic growth and disciplined acquisitions that leverage our scale and scope economies, vertical integration, solid balance sheet and profitable business model.”