Kodak is Now a Shell
More than anything, this feels like the nail in the coffin: Kodak will stop making cameras and will focus instead on brand licensing.
Eastman Kodak Co, the bankrupt inventor of the hand-held camera, plans to stop making digital cameras, pocket video cameras and digital picture frames in the first half of 2012 in a bid to cut costs.
…
The company, which generates three-quarters of its revenue from digital, plans to instead focus on seeking licensees to expand its brand licensing program. It plans to continue to offer online and retail photo printing, and desktop printers.
(Via NYT)
5 notesShowHide
-
veritasblogging liked this
-
veritasblogging reblogged this from dbreunig
-
jetxx2004 liked this
-
jetxx2004 reblogged this from dbreunig
-
taylorlorenz liked this
-
dbreunig posted this
