Posts Tagged ‘Kodak’

Kodak to Sell its Camera Film Business

It’s a sad day for film photographers: Kodak has announced that it will sell off its camera film business, one of the huge pillars of what made Kodak Kodak in the eyes of consumers around the world. It’s yet another step in the company’s effort to climb out of bankruptcy, which it hopes to do by next year, and transform itself into a commercial printing company.
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Hollywood Throws Kodak Film a Lifeline, Will Keep Using it for Movies… For Now

Good news for film photography lovers: Kodak film may be okay for at least a few more years. The company has signed new contracts with four major Hollywood movie studios that will allow it to provide film for movies at least through 2015.
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Apple and Google Each Form Alliances in Preparation for Kodak Patent Battle

The deadline to put up initial bids for Kodak’s 1,100 patent sale is Monday, and The Wall Street Journal reports that the two biggest contenders, Apple and Google, are forming “coalitions” with other companies in preparation for the all out patent brawl. The last time this happened, an Apple/Microsoft alliance ended up winning the battle against Google, that time over a patent sale by Nortel Networks. Read more…

Ex-Kodak Employees Not Happy About Massive Executive Bonus Plan

Kodak’s ongoing request to dole out millions of dollars in bonuses to executives in the midst of its bankruptcy struggles has been met with plenty of criticism, but perhaps none more so than from former employees who are anxiously waiting to see whether their pensions and benefits will be affected. The Wall Street Journal writes,

In letters filed to Kodak’s bankruptcy docket Wednesday, Richard Pignataro and Cecil D. Quillen Jr. said it’s not fair for Kodak to reward executives while they and other former Kodak workers face the risk that the company could seek to trim or modify their benefits.

“To reward people with money that should go to us and for reducing our potential payout is grossly unfair and I ask that you reconsider this bonus plan and most importantly assist us to retain what we worked so hard to earn,” Pignataro wrote in a letter dated July 16.

Kodak’s plan proposes to set aside $8.8 million in cash and deferred stock for 15 “key management employees,” including nine executives, deemed “essential” to Kodak’s ability to successfully restructure.

Ex-Kodak Employees Blast Bonus Plan [WSJ]


Image credit: money cash hoes by RiverRatt3

Is Sony Going to be the Digital Kodak?

My mind is a strange and dangerous place. I shouldn’t go in there alone after dark. But the other night I was thinking, just me and myself, about all the new camera releases this year. Which had made the biggest impact? Was it the Canon 5D III with that world-class autofocus system? The Olympus OM-D bringing mirrorless cameras up a notch in image quality and usability? Should I mention the excellent Samsung NX20, just because no one knows it’s really good? Give the Fuji X-Pro an award for best concept most poorly carried out? Consider the Sony NEX-7 for putting full-frame resolution on an APS-C sensor?
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Kodak Gallery Officially Offline, Some Accounts May Take Months to Transfer

Most people already know that one of the ways Kodak tried to dig itself out of its sizable financial hole was to sell the Kodak Gallery to Shutterfly, and the service officially shut down just a few short days ago. Most Kodak Gallery users probably won’t be too upset with the move, but unfortunately, it looks like even the 2-million active users (the Kodak Gallery had a total of about 75-million) will have to go a few weeks without access to their photos as their accounts are transferred over. Read more…

Kodak Moving Forward With Patent Sale, 20 Potential Buyers Surface

Recent news coming out of Rochester yesterday points to the fact that Kodak will be selling off its two massive patent portfolios sooner rather than later, and regardless of any progress made in the suit against Apple and RIM. In accordance with the June 30th deadline outlined in their lending agreement, Kodak has already filed a motion with the bankruptcy court — to be approved at a hearing on July 2nd — petitioning for a closed bids auction due to the “special nature of the assets.” Read more…

Kodak Used a Calendar That Had 13 Months

Here’s a random but interesting piece of photo-related trivia: did you know that Kodak used a calendar that had 13 months? It was called the “International Fixed Calendar“, and was proposed by a guy named Moses B. Cotsworth in 1902. The system divided each year into 13 months of 28 days each, with one or two days each year not belonging to any month. The extra month was named “Sol”, and appeared between June and July. Although it was never officially adopted by any country, Kodak founder George Eastman became a huge supporter of the new calendar, and instituted it as the official calendar of Kodak in 1928. It would remain the company’s calendar of choice until 1989. Because of this, an alternate name for the calendar is “the Eastman plan”.


Image credit: Calendar Advice by brandoncripps

Independent Filmmaker Becomes Last to Use Kodak Plus-X Film

Perhaps sadder than the moment when a company officially discontinues a film is the moment when the last of that film is used, and that’s what has just happen to Kodak’s famous Plus-X 5231 movie film. Plus-X was discontinued a couple of years ago, and according to the LA Daily News, independent filmmaker Paul Bunnell’s “The Ghastly Love of Johnny X” will be the last feature shot using the film. A film that for many years was a favorite of black and white cinematographers everywhere. Read more…

Did You Know: Kodak Used Collectible Stuffed Animals to Sell Cameras

We’ve heard of camera manufacturers dipping into unrelated fields before, and we’ve also seen some pretty interesting marketing stunts, but in the early 90’s Kodak had already done both… in a colorful, cuddly sort of way. Back then, as an either desperate or creative ploy to get kids into photography, Kodak came out with the Kolorkins: a set of colorful, collectible stuffed animals. Read more…