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Kodak says it might have to cease operations [updated]
111–120 of 240 posts
Re: Kodak says it might have to cease operations [updated]
#112Maybe I'm reading the headlines wrong, but it doesn't seem like a lot of people read the actual press release and earnings report from the August 11th, 2025[1]: 1) The "Going Concern Assessment" that they put out was a regulatory requirement because they didn't have full control of the sale of parts of the pension. They say in the release that they're going to have the sale finalized on December 15th, with details on…
Correct. And confirmed by Kodak on their Facebook page. The “going concern” disclosure is an accounting requirement. However, the company claims to have line of sight toward addressing it.
https://www.facebook.com/share/p/19UdGkBYwr/?mibextid=wwXIfr
Also discussed on Reddit.
Re: Kodak says it might have to cease operations [updated]
#113That's pretty sad. I find their color film resolves better than Ilford's B&W stuff (I know it's apples to oranges, but if I'm shooting B&W, I kind of want the detail...). Their film is also generally easier to find than Provia or Velvia, for medium format at least.
Yes, very sad - I really hope they carry on making camera films. This is what we would lose: https://thedarkroom.com/film-brand/kodak
Kodak film products are (confusingly) handled by Kodak-Alaris, which is a separate company that spun out of Eastman Kodak around 2012-ish and shares the Kodak brand with Eastman Kodak. Despite the similar names they are entirely separate companies, AFAIK.
My team did an integration with Kodak-Alaris a few years back and we toured their main office in Rochester.
Re: Kodak says it might have to cease operations [updated]
#114Earlier quoted context omitted.
Cryptocurrency did well, anyone who built things assuming crypto-related tech would do well lost their shirt.
Crypto is pretty much just about buying btc or now eth But the projects built on it are all questionable and only make money for the builders who slowly rug them
worked well for Microstrategy (MSTR). Look at the 5 year or all-time chart for MSTR - https://finance.yahoo.com/quote/MSTR/
Not sure how they realize all those gains tho, or what happens to the stock price when they try to exit in a substantial manner.
Re: Kodak says it might have to cease operations [updated]
#115They should re-market as an anti-AI documentation company that uses analogue capture techniques. Use film!
Re: Kodak says it might have to cease operations [updated]
#116Anyone remember KodakCoin? [1] The price tripled overnight. Good times.
Re: Kodak says it might have to cease operations [updated]
#117Not many people remember, but it wasn't that long ago that Kodak was "pivoting to crypto": https://en.wikipedia.org/wiki/KodakCoin At that point, it was pretty clear that they're on borrowed time. I'm surprised they had enough runway / credit to make it to 2025.
I would hardly describe a brand licensing agreement as a pivot of the company. A true pivot of Kodak was moving from just doing chemicals for film to doing chemicals for the pharmaceutical industry. That actually involved employees changing what they do, changing factory equipment, etc.
Didn't Kodak sell off Eastman Chemical long before the first bankruptcy?
Re: Kodak says it might have to cease operations [updated]
#118Not many people remember, but it wasn't that long ago that Kodak was "pivoting to crypto": https://en.wikipedia.org/wiki/KodakCoin At that point, it was pretty clear that they're on borrowed time. I'm surprised they had enough runway / credit to make it to 2025.
I would hardly describe a brand licensing agreement as a pivot of the company. A true pivot of Kodak was moving from just doing chemicals for film to doing chemicals for the pharmaceutical industry. That actually involved employees changing what they do, changing factory equipment, etc.
Interesting idea. Rather than the tired "they missed digital photography"... they could have seen it coming and pivoted to something where the experience transfers.
Re: Kodak says it might have to cease operations [updated]
#119Pitbull (Mr. Worldwide) will be sad to hear this. Picture that with a Kodak.
And for us a little older, Paul Simon. After all, Kodachrome gives us those nice bright colors, and the greens of summers.
None of which would be possible without scientists and engineers who bothered to learn their crap from high school.
Re: Kodak says it might have to cease operations [updated]
#120Earlier quoted context omitted.
> Interesting to compare the tech companies of last century with those of this era. The 'tech companies' (equivalent) of the past tended to deal with physical goods, and so needed physical means of scaling to become as large as they did. More recent tech companies are often software goods and services, where physical means of scaling may not be as important (though see perhaps with Moore and Dennard). Though those wh…
Apple and Microsoft are the 2nd and 3rd largest companies in the US (by market cap), Kodak never came close to that
GE however was. It was in the top 10 as late as 2012 when I use to work there.