Kodak to exit bankruptcy

[Leigh]

The radio news just announced that a federal judge in New York has approved Kodak's plan to exit bankruptcy.

The story said Kodak would concentrate on printing activities.

- Leigh

[bob carnie]

Good for Kodak, I hope they can start building a great company again.

[Ari]

Bottom line for me: who's a-gonna make my film?

[AtlantaTerry]

Kodak's CEO thinks he can save the company by concentrating on making heavy duty printers for use in (for example) warehouses.

What the...?

[gleaf]

No reason to believe the MBA's have any idea that one should build on their strengths not something which is ho hum and never done well by the K people.

[Drew Wiley]

This stuck record again? No news here, really. Kodak's still film was already spun off awhile ago, and seems secure. They still make the film, but thankfully someone else is now in charge of distributing it. Don't expect the huge octopus empire of old Kodak to reemerge, however. That is what got them into so much trouble to begin with. Better to have smaller specialty companies coming out of this, devoted to specific product lines, who stand on their own and don't rob one another's financial momentum for the sake of a wild goose chase.

[Leigh]

Later news broadcast says that they will make no consumer products at all.

- Leigh

[Oren Grad]

Bottom line for me: who's a-gonna make my film?

Kodak will make it. The UK pension fund may own the film business now, but Kodak still owns and runs the manufacturing plant that will supply it.

[Drew Wiley]

There is six hundred miles of thread chatter about this already on APUG and elsewhere. Like I stated, the kind of film we use has already been transferred to an
independent company. Kodak still physically makes the same high-quality product in the same facilities, but technically as the contractor supplying the product,
not the corporation marketing it. So the "sky is falling" talk about losing current Kodak sheet films any time soon is completely unfounded. They're running both black and white and color neg sheet films rather frequently. And they have already electively ducked out of transparency film and black and white paper manufacture, so the game plan is perfectly evident. The products in the current lineup are quite popular, and they are also still an aggressive player in RA4 color printing paper. Better to have a discrete number of healthy products than a redundant overabundance of things which can't pay their own way. Ektar, Portra, and TMax are home run products that should be able to earn their keep for quite awhile. The new configuration of manufacture is specifically geared to smaller runs,
but sustained high quality. But Kodak as a formal marketing entity itself is orienting towards the commercial printing industry, among other things. The discontinuance of "consumer products" means no more silly Kodak branded Bugs Bunny pink plastic point' n shoot cameras etc. And cine film is a different category
too. Just settle down folks. No need for more stampedes. Just buy your film and enjoy it.

[Shootar401]

Just as I stared to shoot more Portra and Ektar Kodak will stop making consumer goods. WTF?