re: #269 Rightwingconspirator

I haz a sad. Kodak is chapter 11. Not at all unexpected but damn.

Better that than crapping out and liquidating under Ch. 7. It’s a reorganization, and they hope to try and monetize their huge patent portfolio.

Many of the problems at Kodak stem from mistakes made in the 1980s and 1990s to ignore digital photography, even if they’re the ones who invented the tech. By the time they realized they were on the wrong side of technology, it was too late to break into the camera business.