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  1. #1
    Join Date
    Mar 2009

    Eastnan Kodak files for bankruptcy protection

    Former trailblazer Kodak files for Chapter 11 (Wall Street Journal)
    ROCHESTER, N.Y. Kodak's moment has come and gone.

    The glory days when Eastman Kodak Co. ruled the world of film photography lasted for over a century. Then came a stunning reversal of fortune: cutthroat competition from Japanese firms in the 1980s and a seismic shift to the digital technology it pioneered but couldn't capitalize on. Now comes a wistful worry that this icon of American business is edging toward extinction.

    Kodak filed for Chapter 11 bankruptcy protection on Thursday, raising the specter that the 132-year-old trailblazer could become the most storied casualty of a digital age.
    more at WSJ link above

    Eastman Kodak: 130 years of history in pictures (Guardian)

  2. #2
    Join Date
    Oct 2010
    This is sad because how long they have been around. I don't think this will be the only company in the coming year to hear this.

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