The Demise of Kodak?

Posted on December 6, 2011 by Mark Mizen

Two recent articles, Kodak’s Long Fade to Black and Kodak Is a Walking Corpse of a Company and That Makes Us Sad, highlight the difficulty the once dominant American film-maker is facing. Kodak is currently losing $70 million/month, in spite of having some noteworthy technology.

I have a Kodak inkjet printer at home, and Creative Memories uses a Kodak digital press to produce StoryBooks and other products. For complete details, the Wikipedia entry on Kodak includes information on its past history and current products.

My speculation is that Kodak will not disappear, but will instead use Chapter 11 restructuring to improve its corporate balance sheet. What do you think? Will Kodak be relegated to the pages of history or does it have a future?

About Mark Mizen

I have over twenty years professional experience in all aspects of photography and digital imaging. I am Chair of the ISO WG5 TG2 committee responsible for physical properties and durability of imaging material and am currently with HID Global working on systems for security printing for IDs, licenses, and credit cards. Previously, I was Director of Digital Development at Creative Memories from 2009 to 2012 and was responsible for the Creative Memories digital products and services. I also established and directed the Creative Memories Technology Center, which evaluated new products prior to product introduction, assisted with production difficulties, and provided technical information to support product sales.

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