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This makes me sad...

Kodak was stupid. It's not sad, it's pathetic. they had such a monopoly for such a long time that they never focused on diversification or development.

There's a reason Fuji is around and Kodak isn't. Fuji got into the cosmetics industry (using similar technology they instituted) and they were able to survive as a result.
 
Kodak practically built Rochester, NY. They've been in slow decline for over a decade. It is sad.
 
Makes you wonder how terribly run the company must have been. To not evolve at all or diversify one bit, I feel bad for the people who get stiffed by kodak from all this. This is a company that had board meetings with a shitload of people all just in for the ride i guess and a CEO (s) who must have been doing something else with his time.
 
Kodak was stupid. It's not sad, it's pathetic. they had such a monopoly for such a long time that they never focused on diversification or development.

There's a reason Fuji is around and Kodak isn't. Fuji got into the cosmetics industry (using similar technology they instituted) and they were able to survive as a result.

This is very true, their film monopoly was ridiculous, what I dont understand is why cant they just take a good thing and reverse engineer? evaluate successful current cameras and mimic them, a lot of us still like the brand enough to chose them over other manufacturers
 
It must be due to all the money they probably used to get Pitbull to mention them in every fucking song.
 
Me not working hard?
Yeah, right! Picture that with a Kodak
Or, better yet, go to Times Square
Take a picture of me with a Kodak


...genius ass rhymes, yo. I wish I had mad skillz enough to rhyme Kodak with Kodak. Lol
 
You apparently don't do zumba. While it's going on at the gym all you hear is Pitbull and lmfao.
I'm not coordinated enought for that kinda thing, not even aerobics :(

Me not working hard?
Yeah, right! Picture that with a Kodak
Or, better yet, go to Times Square
Take a picture of me with a Kodak


...genius ass rhymes, yo. I wish I had mad skillz enough to rhyme Kodak with Kodak. Lol
LOLOL
 
Photography pioneer Kodak files for bankruptcy - Yahoo! Finance

Over a century n business now being run down into the ground... I know they havent kept up with technology but I've always loved Kodak products, I actually still buy them :(

Does it make you sadder than Hostess filing for Bankruptcy?

Twinkie-Maker Hostess Files for Bankruptcy Citing Pensions - Businessweek

A lot of similarities between the two. Products that became obsolete or lost popularity, and management failure to keep up with the times.

Funny though, Hostess says that the problem is the high cost of labor, unions and pensions. they never mention that the executives that run the company are a bunch of morons who thought that they could keep selling 1950's style chemical/food crap forever in the Twinkie and Wonder bread, and no one would ever get sick of it. It's not managements fault that they didn't notice that things have changed a bit with people's diets, health knowledge, and market selection since 1950. Nope, it's those damn unions that want too much money!
 
It's Chapter 11, they're filing for reorganization, not going under.

BTW, the film side is still profitable, it's all their non-film endeavors that are bogging them down.
 
It is sad. Kodak awarded me a college scholarship back in 1979 that I used to get my degree from Purdue University.
 
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