Posts tagged: kodak gallery

Another Chapter Ends in Kodak Story

David Haueter
 Jul 5, 2012

Another chapter in the Kodak saga ended on July 2, when the Kodak Gallery site for North America officially shut down and the process of transferring billions of customer images to Shutterfly got under way. As you may remember, Shutterfly acquired the U.S. and Canadian online gallery assets of Kodak Gallery in late April for $23.8 million in an undisputed bid (see Shutterfly Poised to Increase Market Lead with Kodak Gallery Acquisition). Those assets included not only the billions of photos accumulated by Kodak Gallery customers over the years, but also the list of Kodak Gallery’s 68 million customers.

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Shutterfly Poised to Increase Market Lead with Kodak Gallery Acquisition

Alan Bullock
 Apr 27, 2012

This week, Shutterflys $23.8 million offer for “certain assets” of competing online photo service Kodak Gallery was selected as the winning (and only) bid in the court-supervised auction that is part of Kodak’s Chapter 11 bankruptcy proceedings The agreement, announced on March 1, is for the sale of “certain assets” including customer accounts and images in the U.S. and Canada, and is expected to receive final court approval early next week.

The transition process, expected to begin soon thereafter, is a familiar one for Shutterfly. In recent years, the service has scooped up customers from several competitors that have assumed room temperature, including Sony Image Station and American Greetings’ PhotoWorks. Unless they choose to opt out, Kodak Gallery users’ photos will be automatically transferred to a new or existing Shutterfly account and they will probably be welcomed to Shutterfly with some free prints and maybe a discounted photo book or two. According to a notice at Kodak Gallery, users who choose to not have their photos moved to Shutterfly will be able to download them for free or to purchase copies on DVD for a limited time. (Incidentally, this may be the last chance for Kodak Gallery users to retrieve their high-resolution image files — Shutterfly does not allow users to download their photos.) Read more »

The Positives and Negatives of Kodak’s Exit from the Capture Devices Business

Ed Lee
 Feb 10, 2012

On February 9, 2012, to the surprise of no one, Kodak announced that by the middle of the year it would close its capture devices business, which includes digital cameras, pocket camcorders, and digital photo frames. The Kodak name will likely remain in the market through the licensing of the brand name to others to put on camera, camcorders, and photo frames. The company expects to save more than $100 million annually and according to Kodak, up to 400 employees may be affected. Moving forward, Kodak will focus its consumer facing efforts on home, online, and retail photo printing.

How should the market view this news? Here are our thoughts on some of the effects of this news.

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If Kodak Goes Bankrupt, What Happens Next?

Jim Hamilton
 Jan 9, 2012

Last week’s Wall Street Journal article contends that Kodak is teetering on the brink of bankruptcy. Kodak would not comment on what it considers rumors, and that’s fair given that the Journal’s story was based on unnamed sources, but last fall under similar circumstances Kodak put out a press release denying any intention to declare bankruptcy. This time around the rumors are looking like a distinct possibility.

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Facebook Goes High-Res

Alan Bullock
 Oct 1, 2010

Late yesterday, Facebook, on its blog, announced plans to support “print-quality, high-resolution” photos. Maximum image size will be increased to 2048 pixels on the longest side, up from the current 720-pixel limit, which itself was an improvement from just 604 pixels earlier this year. This is significant news, sending ripples of both opportunity and uncertainty throughout the photo industry. Read more »

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