Kodak filed for bankruptcy earlier this year in a bid to survive a liquidity crisis after years of falling sales related to the decline of its namesake film business.
Durham Photographic Society’s John Cogan writes:
“The reports of Kodak’s demise are a little premature, yet the future does not necessarily look bright for a company that employed over 145,000 people worldwide in 1986; that had 90% of the US domestic film sales and 85% of the US domestic camera sales in 1976, yet now boasts 18,000 employees globally and is over $billion in debt.
So, what has happened to this once-venerated company whose yellow boxed rolls of film were available in just about every nook and cranny throughout the world?”
John’s nostalgic report can be read in full in Articles from the home page of the DPS website: http://www.d-p-s.org.uk/articles.htm
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