Photo-Me, the world’s largest manufacturer and vendor of photobooths, has announced its most recent profit report, which saw a drop of 30% over profits of a year ago, according to a BBC News report. After turning down the idea of a takeover earlier this year, the company is now apparently looking into selling off one of three divisions.
“The vending side is more obviously of interest to more people, so that is more likely to have a bigger attraction initially,” Vernon Sankey, Photo-Me’s chairman told news agency Reuters.
“We have no doubt we will find people interested, but the question is at what price.”
The three parts of the firm — vending, minilab manufacturing and wholesale manufacturing — are all being assessed to see what the company will decide to do with them.
Read more news about Photo-Me in our archives.
A few months after moving here to L.A., I’m still tracking down photobooths I’ve heard about in bars and restaurants around the city. Friday night, we ventured downtown to Bar 107, described in a Gridskipper review as “a very respectable hole in the wall on 4th, [bursting] with ironic hipster chic one might think lacking on the left coast– red walls, ginormous NSFW Bible art, stuffed deer heads, random signs, etc.”
The black and white photobooth in the back room is nestled behind a few curved booths with just enough space in between to allow for entrance to the booth. The height of the booth (the one to sit on) comes up to the height of the drying slot and makes it almost difficult to get the photostrip out once it’s finished. The booth makes some nice photos, and the bar has got a good feel to it.
Try to get a glass of tap water maybe, though, rather than being stuck with their $4 a bottle “Liquid Salvation Ultra-Hydrating Water” like we were.
We learn today from Andrea at hula seventy, home of “Photobooth Friday‚” that the beloved photobooth at Niagara in New York City has been replaced with a digital booth, and one that at least temporarily wouldn’t take their dollars, to boot.
We’d had problems with the booth before, but it was also the center of a few photobooth projects, including a Photobooth art show earlier this year. It’s too bad this booth didn’t survive, and we mourn its removal.