One of the giants has finally fallen. Kodak has declared bankruptcy.
Kodak has an impressive history, The company pioneered many of the major achievements in business and photography history.
- Created the process for daylight development of film. Now photo taking was not just for professionals.
- Created he first pocket camera.
- Created Kodachrome. The first 35mm film. Spawned a great Paul Simon tune — although he used a Nikon in the song.
- Created the first digital camera.
- In 1976, sold 90% of the film in America and 85% of the cameras.
- Created the first wi-fi digital consumer camera.
Over the past decade, the company has tried one new thing and then another. They continued to sell off parts of the corporation.
Today they are dead.
Another great American corporation that was unable to adapt to the new times. It is sad, but time moves on.
