Eastman Kodak has brushed aside a press report that the firm plans to sell off its online photo sharing service, Kodak Gallery, to raise u2018hundreds of millions of dollarsu2019.
Eastman Kodak has brushed aside a press report that the firm plans to sell off its online photo sharing service, Kodak Gallery, to raise ?hundreds of millions of dollars?.
Last week the Wall Street Journal claimed Kodak had been approached by rival photo-sharing websites and retailers keen to snap up the Kodak Gallery, citing people familiar with the issue.
Founded in 1999, as Ofoto, the service aims to give customers a secure and easy way to view, store and share their photos, and order prints.
The website also provides free editing tools.
In response to the WSJ article, Eastman Kodak spokesman Chris Veronda told Amateur Photographer: ?We don?t comment on rumours and speculation.?
Ofoto became a wholly-owned subsidiary of Eastman Kodak in 2001.