Flickr is a company world-renowned for its image- and video-hosting and has picked up some web services along the way from its journey in 2004. It was started by Ludicorp and was later acquired by Yahoo in 2005. It is considered a popular way of sending images to fellow family members and friend and its online community grew wide and strong in a short span of time, giving it the popularity it has today. As of 2013, there were reportedly 3.5 million images being uploaded every day, and that number has only risen since then.
It was recently bought from Yahoo by Verizon, a leading telecommunications provider in the United States. Having been recently acquired, some changes were due, and now it is being stated that Flickr is indeed set to stop its business which prints photo books, and will also be shutting down its business of selling its artwork as wall art. Many customers and people all over the world hear this news in dismay, as there are tens of thousands of fans who have invested in Flickr and in the business. However, fans can be reassured by the fact that the photo boo business is being transferred to Blurb.
Flickr, a rather old company had an amazing start, but stumbled across some steep hurdles as other tech giants began ramping up their photo hosting services. When competitors like Facebook and Google start providing allied services, smaller companies like Flickr need to think of new ways to increase their sales. Then, under the leadership of Yahoo CEO Marissa Mayer, Flickr acquired multiple other companies such as Ghostbird, LookFlow and IQ Engines to try and boost their software for image recognition and image segregation. This spur in interest of Flickr also spurred the introduction of the new photo book feature, where customers could create their photo books just be selecting the necessary photos they wanted and ordering it in the form of a book on Flickr. Shortly thereafter, Flickr expanded their services to allow customers to purchase wall art made from the images hosted on their website. This allowed professional photographers to enter the space and sell their artwork online. However, due to increased competition from Tech giants, Flickr has decided to stop these two services, and is instead looking to capitalize on the hosting services it offers.