19
Jan
The traditional photo film maker and pioneer in the film industry has finally
filed for insolvency. With the 9th negative fiscal quarter, all financial reserves
have been used up. Promoted sales of patents do different companies have not
been as successful as hoped. Kodak however tries to still keep up business.
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18
Nov
Not less than 55 days, 12.255 miles, and over 200’000 pictures later,
a so-called time-lapse video showing a roundtrip from New York (NY)
south to Florida (FL) then west to California (CA) north to Washington (WA) and
then east back to New York has been made up. Travel the USA in 5 minutes!
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27
Sep
Seems as if Kodak has some financial issues as the had the need to take a loan
of about 160 million US-Dollars. That’s a pretty big loan indeed. The fact that
Kodak has chosen to take the loan just few days before the end of the fiscal
quarter may let you think, that there are severe financial issues ongoing.
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September 27, 2011Netspark
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Computer ,
Economy&Finance ,
News TAGGED WITH :
acquisition ,
camera ,
digital ,
eastman ,
imaging ,
kodak ,
loan ,
printing ,
scanning