Photography pioneer Kodak files for bankruptcy
Also, who's gonna make Leica sensors now?!
TheNissanMan wrote: From what I understand they have filed for protection against bankruptcy rather than bankruptcy itself so although not looking good the fat lady isnt singing just yet
Yes, its a filing for protection. However a federal trustee is appointed to sell off assets to pay off the debt, including many Kodak owned patents. The fat lady is warming up.......
Why so serious?
icepics wrote: I hope Kodak can regroup and move forward out of bankruptcy. They developed many innovations over the years but from what I remember reading there were some unwise decisions make in more recent years.
Besides Fuji other companies that have been making film are Efke, Adox, Foma, Ilford, Rollei/Agfa, Lomography, and the Impossible Project (for Polaroids).
I think if Kodak goes out of business there will be someone else to step in. I think Polaroid already figured out that about the time they decided to stop making film, there was a market for it after all; they're partnering now with the Imposible Project. It may be more niche than mainstream but there's apparently enough of a market for to be profitable.
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