PMA conference to unlock the potential of the digital imaging world

Photo-industry luminaries and innovators from Amazon and leading Silicon Valley companies will use InnovationNow to open up the world of imaging

Photo Marketing Association International (PMA) will host the forum for discussing options for imaging interoperation initiatives promising to unlock the full potential of digital imaging worldwide at 2015 InnovationNow Photo Business & Technology Summit, to be held on Sept. 27-28 in San Francisco. Representatives from Amazon and other high-profile speakers from some of the Valley’s leading companies will join a host of industry influencers at InnovationNow and expand on the themes of connectivity and interoperability.

Some of the most influential names in imaging will come together at 2015 InnovationNow, including:
Amazon – David Pearson, Business Development Manager for Amazon Web Services
CEWE Color – Dr. Reiner Fageth, Head of Research and Development
Circle Graphics – Andrew Cousin, CEO
Kwilt – Marc-Antoine Benglia, CEO
Mediaclip – Marion Duchesne, Founder/CEO
Mixbook – Andrew Laffoon, CEO, Co-Founder
Shutterfly – Meena Ravella, Vice President of Business Development
Walgreens – Joe Rago, Director, Mobile Innovation Program
Walt Disney Parks and Resorts – Rob Maudlin, Director, Disney Photo Imaging

(For the current speaker lineup, click here)

Digital technology guru Scott Brownstein will open InnovationNow with a keynote outlining the “Opportunities and Challenges on the Path to Renewed Industry Relevance.” With a forecasted 2 trillion photos to be taken and shared by the close of 2015, the modern connected consumer is suffering from imaging overload. Scott will explain how the industry must adapt and leverage rather than resist the continual stream of disruptive imaging technology upheavals ahead.

Connectivity and interoperability are recurring themes at InnovationNow as the industry grapples with a rapidly evolving landscape. Ultimately, the photo industry exists to serve end users; however, in the ultra-fragmented world of digital imaging, consumers find themselves bewildered and frustrated by the alarming development of digital overload. More photos and videos than ever before are being taken, stored and shared, but consumers and businesses are unable to tap into the full potential of digital imaging due to a lack of interoperability. At 2015 InnovationNow, industry giants will  discuss ways to open up a multitude of opportunities and free the digital imaging world from its interoperability shackles.

“As consumers, we’re surrounded by devices we can use to capture fantastic images and help record moments and memories. From smartphones and tablets to digital SLRs and compact cameras, we’re each collecting thousands of photos, but all saved in different formats and in different places,” says Georgia McCabe, CEO, PMA. “As an imaging industry, we have somehow lost sight of what happens next and how people want to store, share and show these images, arriving at a point today where we are in danger of having a imaging culture of ‘point, click, capture and forget.’ At PMA, however, we understand the value and importance of imaging and the need to get everyone working together to address this industry-level challenge. InnovationNow 2015 is bringing together the best, brightest and biggest in the imaging industry so, collectively, we can put the photographer and their images back at the heart of digital imaging.”

InnovationNow Photo Business & Technology Summit

What: InnovationNow Photo Business &Technology Summit represents the necessary first step on a journey to inform, to ideate and to implement the kind of products, services, mass-market awareness and ease of participation that was responsible for driving the analog photo business to historical levels of sales and profitability.
Who: Leading photo industry executives
Where: Hilton Parc 55, San Francisco, CA
When: Sept. 27-28, 2015
Registration information: Now open
Sponsorship information: View current sponsors and opportunities

For information on the Summit, or call 703-665-4416

Shutterfly iPhone app create photo gifts



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”

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

Since October 2008, the company says, 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 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

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

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

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

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

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

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.