Photography pioneer Kodak files for bankruptcy
(Reuters) - Eastman Kodak Co, the photography icon that invented the hand-held camera, has filed for bankruptcy protection and plans to shrink significantly, capping a prolonged plunge for one of America's best-known companies. The Chapter 11 filing makes Kodak one of the biggest corporate casualties of the digital age, after it failed to quickly embrace more modern technologies such as the ...
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Kodak shooting to sell patents
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Kodak, Photography Pioneer, Files for Bankruptcy Protection
Eastman Kodak Co., the photography pioneer that introduced its $1 Brownie Camera more than a century ago, filed for bankruptcy court protection from creditors after consumers worldwide transitioned from film to digital technology.
UPDATE 6-Photography pioneer Kodak files for bankruptcy
* Eastman Kodak holds 1,100 digital patents * Obtains $950 mln credit line from Citigroup * Non U.S. subsidiaries not part of Chapter 11 filing (Adds comment, historical details, updates share price) Jan ...
UPDATE 5-Photography pioneer Kodak files for bankruptcy
* Eastman Kodak holds 1,100 digital patents * Obtains $950 mln credit line from Citigroup * Non U.S. subsidiaries not part of Chapter 11 filing (Adds analyst comments, stock price, second byline) Jan 19 ...
UPDATE 7-Photography pioneer Kodak files for bankruptcy
* Eastman Kodak holds 1,100 digital patents * Interim approval granted for $650 mln bankruptcy financing * Non-U.S. subsidiaries not part of Chapter 11 filing (Adds details from bankruptcy court hearing, ...
All Industries Should Note the Increase in Digital Music
COMMENTARY | The fact that once great company Kodak is reportedly considering filing for bankruptcy in the next few weeks, as reported by the Associated Press, should catch the eye of record stores across the U.S. Since Kodak was unable to adapt the changing digital marketplace of photography, news from Singersroom.com that digital music sales topped physical music sales for the first time ...
4 Lessons From Kodak's Comedown
Another one bites the dust. Companies fail all the time, but the last few years have seen an unusual parade of marquee names that once transformed or dominated their industries headed for bankruptcy court: ...