Kodak files for Chapter 11 bankruptcy

Kodak files for Chapter 11 bankruptcy

Eastman Kodak’s prints start to fade after 131 years in the photography game. Well, it only invented the digital camera

kodak brownie

Paul Simon must be kicking himself. Nearly 40 years after he begged Mama not to take his Kodachrome away, its parent company turns out to be the real threat to his amateur photography preferences. Kodak – after years of under exposure in the digital arena – has filed for bankruptcy protection.

Kodachrome is just one of Kodak’s many landmark innovations. It was the first mass market film to use subtractive colour and outlived every one of its contemporaries on the 35mm colour film shelf. Among Kodak's other achievements are the invention of roll film (which made movies possible), bringing photography to the masses, and the digital camera (created by one of its electrical engineers). It was also the first company to create a megapixel sensor (1.4MP) that could produce a 5x7in print via digital capture.

But Kodak couldn’t keep the momentum of its digital innovations and its lack of development thrust may have cost it the ultimate price. The compnay has filed for Chapter 11 bankruptcy protection to keep its creditor wolves from the door while it attempts to keep itself afloat.

Meanwhile, Kodak’s extensive patents are being used to try to recoup some cash – Apple, Samsung and HTC are all in the firing line of Kodak’s lawyers. It’s sad that a company that almost single-handedly gave us amateur photography should have to enter a scrappy patent war to keep itself in the game, but we’ll always have the memories. And the song.

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Comments: 6
photohounds
20 January 2012
A very sad day indeed. The list of infringers appears to include a who's who of today's corporate darlings. Hopefully one or two of them will simply do the right thing ... rather than the profitable thing.

Is that too much to hope?


Comment made about the PC & Tech Authority article:
Kodak files for Chapter 11 bankruptcy?
Eastman Kodak’s prints start to fade after 131 years in the photography game. Well, it only invented the digital camera

What do you think? Join the discussion.
amcmo
20 January 2012
Photo - I'm shocked to see Samsung (the company that innovates and never copies) being well and truly sued by Kodak. How can this be so?
rubaiyat
20 January 2012
It is sad that such a long standing and once innovative company has fallen, due to the inability of its management to recognise and change with the times.

I pointed out to management at Kodak Australia that the thinking behind their PhotoDisks was arse backwards. It pushed a professional technology at amateurs who couldn't understand it and would know what to do with it and failed to provide a workable service to the professionals. So it left both parties dissatisfied.

They failed to capitalise on their OLED inventions, on selling their patents so the benefit has passed onto others.

photohounds keeps criticising Apple for recognising and expanding on inventions that others weren't using. What is the "right thing"?
photohounds
21 January 2012
WHERE have I said Samsung never copies (or Google for that matter).

It simply didn't copy the glass rectangle with a screen from Apple who DIDN'T invent that at all. Part of their "community patent" mis-claim.

If they 'stole' anything minor, that can be countered by quoting that deluded leader who said "great artists steal". Samsung would be 'great artists' for stealing by HIS definition.

Time to get over apple's idiocy in court, isn't it?

Agree that Kodak probably failed to recognise the true value of what they were selling. Very sad indeed.

Loved Kodachrome myself - esp. 25 in 135 size (if a bit green-hued).
(I could only get 64 in the 120 or larger sizes and that was lovely, too).









Edited by photohounds: 22/1/2012 04:05:12 AM
amcmo
23 January 2012
I notice that Apple have lauched action to prevent Kodak using some patents to secure the Citibank loan, citing some that are jointly owned and others that are supposedly owned by Apple.

Aparently Apple and Kodak worked together on digital cameras at one time and Apple contributed IP on the basis they retained ownership.

It was during the non-Steve days when Apple were attempting to branch into new markets without the ability to provide the design focus and differentiation.
rubaiyat
23 January 2012
photo

Time for you to get over your idiocy in forum?

Apple's claims aren't on glass rectangles.

Constant repetition coming from your mouth, sounds like constant repetition coming from your mouth.

Want to take out a patent on "If I say it often enough, it must be so!"?

Because I have documentation that lots of others have used that before you.
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