In what Bloomberg called "inevitable," the Eastman Kodak Co. -- the company that brought affordable photography to the masses -- has declared bankruptcy. Kodak, says Bloomberg, failed to commercialise on the digital camera -- a device they actually invented. I bet they're feeling really stupid right now.
"Everyone in the 20th century has been familiar with the Kodak name and its products," said Burley of Ryerson's School of Image Arts. "We've not only used them to memorialize our families and their histories, but also for diagnostics in hospitals, producing books and newspapers and police investigative work. And then the whole world of Hollywood is based around Kodak products."
The company also invented the first digital camera in 1975, which it shelved because it would threaten its lucrative film business, Perez said in an interview in March.
The Guardian has put together this gallery of images on Kodak's history.
The above image is from the Wikipedia entry on the Eastman Kodak Co.
|The City and its Flooded Double|
|Views of Glaciers From Space|
|Roof Topper's Photography From the Ledge of a Skyscraper|
|Body Worn Camera for Civilians|
|What Happens When You Take Long Exposures of Fireworks|
|“If you don’t remember any of these countries from geography class, you’re not alone.”|
|“We deserve pity for being born in such primitive times.”|
|“The greatest economic crisis of our age: the one still awaiting us.”|
|Making a Movie Inside a Video Game|
|“Instead of consuming fossil fuels, it would then feed surplus electricity into the grid.”|
|“Clicking on a Facebook advert may reveal things about yourself you don’t want anyone to know.”|
|“Any person, organization or government serious about web security should return to plain-text.”|
|How to Avoid Jury Duty|
|Google Map Shows You the Most Photographed Areas of the World|