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Kodak Files For Bankruptcy Protection

Posted by Soulskill on from the hanging-on-for-another-moment dept.

Snirt writes "Following up on a story previously discussed here, it now appears Eastman Kodak, the company that invented the hand-held camera, has filed for bankruptcy protection. The move, according to Kodak's news release, gives the company time to reorganize itself without facing its creditors, and Kodak said it would mean business as normal for customers. The company has recently moved away from cameras, focusing on making printers to stem falling profits."

1 of 190 comments (clear)

  1. Make products, not lawsuits by MachineShedFred · · Score: 5, Funny

    If you make products that people actually want, rather than continue gravy-training the success of the past, maybe you'll have a sustainable revenue stream.

    Sincerely,

    Darl McBride

    --
    Slashdot still doesnâ(TM)t support Unicode after it was added to the HTML standard in 1997.