Tag: Kodak

Kodak filing for bankruptcy

Kodak just filed for bankruptcy in the US. This was almost expected as business has been declining over the years, being unable to make a come back from the decline of film.

The film division, still profitable after a reduction of costs, simplification of the product line like abandoning Kodachrome development isn’t big enough to sustain the rest. After deciding in November 2011 to sell their image sensor division to an equity firm, it sounded obvious that Kodak management didn’t know where to go.

Now several concerns:

First, what will happen to the film division? I’m sure that this is part of what they will try to offload for cheap. It is not growing anymore, quite the opposite, but they still have good film products and it would be a great loss to lose them.

Second, their patent pool is like a nuclear warhead that they are gonna sell to the highest bidder who will use it for patent warfare. Kodak has been known to litigate in the past to try to bring in some cash, unsuccessfully.

We’ll see how the reorganization goes.

Goodbye Kodachrome

Kodachrome is dead, long live to Kodachrome.

Yesterday, December 30th 2010, was the last day to have Kodachrome processed at the last lab operating in the world, Dwayne’s Photo, in Parsons Kansas. Rolls had to reach them by noon that day to be processed, after 75 years.

Steve McCurry, the legendary photographer from the National Geographic got given by Kodak the last roll they produced in 2009. You can see shots from his last roll.

It is sad to see this happening, but ever falling sales of film made the enterprise even less viable. I just wish there was a company that was able to manufacture and process a Kodachrome-like film in the future, as it was the best colour slide film, with unbelievable archival quality, unrivaled by the E-6 chemistry based slide films.

I just regret to not have shot enough of it, none of them in America.