New Company Fills Demand for Sharing Memories Via Social Media

Share Article

Roadblock inspires entrepreneur to create platform to permanently store and share legacy media

“We’re excited to make the PeggyBank technology available to all online users, especially those age 50 and older, which is the fastest growing demographic for Facebook and social media," said Kapustin.

After his father died, e-commerce veteran Jim Simon found himself in a position familiar to many families... sorting through boxes of old family photos, films and negatives. Unable to find a service that would convert his family’s legacy media into a relevant format that could be easily shared with relatives and friends around the country, Simon set out to create a solution.

Applying his background in e-commerce and direct marketing that he developed while working for his family’s company, Omaha Steaks, and internet giant America Online, Simon started PeggyBank, a new concept in digital file sharing.

Omaha, Neb.-based PeggyBank converts legacy media – including home movies, photos, slides and negatives – into digital content that is hosted online and sharable via all social networking platforms, as well as by e-mail and on mobile devices.

The other principals of PeggyBank are Marcia Kapustin, president and COO, a video production specialist who has produced video content for entertainers including Paul McCartney and Bon Jovi; and Adam Zweiback, co-founder, whose test prep company, A to Z Educational Consulting, has helped thousands of students prepare for the SAT, ACT, GMAT and more.

“Most families are similar to ours. They have boxes and boxes of old photos and home videos that have become irrelevant over time due to changes in technology,” said Simon. “With PeggyBank, not only do we help preserve the memories, we make them sharable in a way that was never before possible. It is not unusual for our clients to literally have tears of joy when they see the finished product.”

After a customer’s legacy media has been converted into a digital format, it is given a PeggyVault – a free, secure account where the new media is stored permanently and available for sharing. The secure account is what differentiates PeggyBank from other sites that allow the sharing of digital media.

Kapustin said the idea will have a large impact on social media. “Instead of just sharing photos and video of personal events that happened in the digital age, you will now have the ability to share events from decades prior – photos of your grandparents, or video footage from your parents’ wedding, for example,” she said. “The concept opens up so many new opportunities for content.”

“The demand for a service like this is increasing rapidly,” said Kapustin. “We’re excited to make the PeggyBank technology available to all online users, especially those age 50 and older, which is the fastest growing demographic for Facebook and social media.”

To learn more about PeggyBank, visit the website at http://www.peggybank.com.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Gina Pappas
Visit website