Why the Kodak Brand Can Live Past a Kodak Bankruptcy
CNNMoney has an interesting article on how the Kodak brand will likely survive even if the company itself declares bankruptcy:
Many potential buyers are also weighing the value of Kodak’s brand-name since there’s been a lot of talk that it may consider filing for bankruptcy. For now the company plans to restructure out of court.
Kodak’s brand name (not its patents) could easily generate more than double Polaroid’s sales price, said Jamie Salter, the CEO of Authentic Brands. “There are a lot of categories that Kodak could attach its name to. People would feel very comfortable using Kodak paper,” said Salter.
Like Polaroid, Kodak has brand cache all over the world offering potential buyers the opportunity to tap global markets.
The Polaroid brand name sold for $88 million in 2009 after Polaroid the company declared bankruptcy in 2008.
Why bankruptcy isn’t a brand killer [CNNMoney]
Image credit: Kodak Tri-X Pan 400 by Rubin 110
