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Kodak Film Up For Sale

While Kodak films are indeed for sale at the Lomography Online shop, Eastman Kodak Co. recently announced that they are selling their consumer film and photo imaging businesses in order to get out of bankruptcy. What does this mean for Lomographers?

Photo via Chicago Tribune

After filing for bankruptcy, raising film prices, and discontinuing film favorites, the Eastman Kodak Company is now looking to sell its film division as well as its personalized imaging and document imaging businesses. Focusing instead on large-scale commercial printing services, they are hoping to use funds from the consumer products sale to pay off debts and creditors.

From the Kodak website:

The Personalized Imaging business consists of Retail Systems Solutions (RSS), Paper & Output Systems (P&OS) and Event Imaging Solutions (EIS). RSS is the worldwide leader in retail print solutions with a global footprint of 105,000 KODAK Picture Kiosks; P&OS includes the broadest portfolio of traditional photographic paper and still camera film products; and EIS provides souvenir photo products at theme parks and other venues. The Document Imaging business provides a leading and comprehensive portfolio of scanners, capture software and services to enterprise customers.

“[These] are valuable businesses that enjoy leading market positions as a result of superior products and service offerings. We remain steadfast in our commitment to our customers, and we will work to ensure that they continue to receive the exceptional levels of quality and service they have come to expect from Kodak. Customers remain the top priority of all our businesses – those we intend to sell and those that will remain part of Kodak,” said Antonio M. Perez, Chairman and Chief Executive Officer.

Photo via Image Kind

According to The British Journal of Photography, a Kodak spokeswoman said that “prospective buyers will be able to use the Kodak trademark with all future film products” and that “Kodak will continue to manufacture all its products during this time of transition.”

BJP news editor Olivier Laurent added “A lot of professionals still shoot with film and like the quality it gives them. The resolution is still a thousand times higher than most digital cameras can offer so long as a good scanner is used. A film photograph has a different mood thanks to its grain—it’s about the love of the image and digital still has a hard time trying to reproduce that feeling.”

Film aficionados, fear not! While the turmoil of Kodak is unfortunate news, it doesn’t mean the end of the world. Of course not! As long as Lomography is around, the future will definitely be analogue. We will keep you on the edge of your seats with cool and innovative cameras, awesome accessories, fresh batches of film, and even stocks of old Kodak favourites! Lomo on!

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Sources include Wall Street Journal, BBC, Chicago Tribune, BJP Online, and Mashable.

written by denisesanjose

8 comments

  1. adam_g2000

    adam_g2000

    Go on LSI. Buy it. You know you want to.

    about 2 years ago · report as spam
  2. hervinsyah

    hervinsyah

    Long time not read your article & I still get satisfaction information for my hungry analogue soul, denisesanjose =D I hope Kodak or (maybe) lomography will producing 135mm infra red color film with reasonable price or at least not too far from slide film price which already increasingly expensive T-T

    about 2 years ago · report as spam
  3. neanderthalis

    neanderthalis

    If only I hadn't spent all my money on bad lotto tickets.

    about 2 years ago · report as spam
  4. alix-mansell

    alix-mansell

    Someone needs to put this on Kickstarter, then we can all buy Kodak!

    about 2 years ago · report as spam
  5. andrewcc

    http://www.savekodakfilm.com/ please go to this link and vote yes to show investors that people still buy kodak film and if they buy the film industry, to continue to manufacture kodak film for people to buy
    about 2 years ago · report as spam
  6. paytenpurdy

    paytenpurdy

    this is a big bummer!
    all my favorite films are from kodak! ektachrome E100g&VS, EliteChrome&Extracolor and also Ektar100! Noooo!

    about 2 years ago · report as spam
  7. adash

    adash

    @paytenpurdy That's all too sad indeed, I haven't been able to find a film for xpro as good as Elitechrome EBX.....
    @lomography The death of Kodak film WILL hurt lomography too...bold actions must be taken!

    about 2 years ago · report as spam
  8. robotmonkey1996

    robotmonkey1996

    Screw Kodak. Their film gets slightly shittier every year, and they never have support for their products. I'm waiting for "Ektachrome by Fujifilm"

    about 2 years ago · report as spam

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This is the original article written in: English. It is also available in: Deutsch.