Kodak ditches film and paper businesses
The company has already pulled out of the digital camera market, after filing for bankruptcy protection in the US.
Kodak is pulling out of the Personalized Imaging and Document Imaging businesses, which include ‘traditional photographic paper and still camera film products'.
In a statement, CEO Antonio M Perez said the firm plans to focus primarily on commercial, packaging and functional printing solutions, and enterprise services.
Full statement HERE
Peter,
August 28 21:20
What an absolute DISASTER! When I purchased my first serious camera back in 1984 a Ricoh XR-S, Kodak were a rampaging colossus and now look at them. Some irreplaceable film products may now be lost forever. A very bad day indeed for photography even if you don't yet use film!