Shutterfly
Shutterfly, LLC. is an American photography, photography products, and image sharing company, headquartered in Redwood City, California. The company is mainly known for custom photo printing services, including books featuring user-provided images, framed pictures, and other objects with custom image prints, including blankets or mobile phone cases. The company has a variety of subsidiaries including Tiny Prints, This Life, Treat, BorrowLenses, and Lifetouch.
| Type of business | Private |
|---|---|
| Founded | 1999 |
| Headquarters | Redwood City, California |
| Owner | Apollo Global Management (majority) District Photo (minority) |
| Key people | Sally Pofcher (President and CEO) Dwayne Black (Senior VP & COO) |
| Industry | Photograph-derived manufacture; photo sharing |
| Revenue | US$2 billion (2018) |
| Operating income | US$115.54 million (2018) |
| Net income | US$50.37 million (2018) |
| Total assets | US$2.302 billion (2018) |
| Total equity | US$674.37 million (2018) |
| Employees | 7,094 (2018) |
| Subsidiaries | Snapfish Lifetouch BorrowLenses |
| URL | www |
Founded in 1999 by Dan Baum and Eva Manolis, the company is currently led by Hilary Schneider as the President and CEO, and owned by Apollo Global Management (majority) and District Photo (minority). The company went public in 2006, but returned to private ownership in 2019 after being acquired by Apollo. On March 29, 2023, Shutterfly deleted all photographs of customers who did not purchase their products more than once every 18 months. After feedback from irate customers, the deleted photos were temporarily restored on May 1, 2023.