[Frameworks] Kodak Is Selling Off Its Legendary Film Business [Photography]

[40 Frames]

>From Jim Linder's post on AMIA (today)...

Kodak has announced that it is selling other divisions including Consumer
Film. Speculation is that this is due at least partially to low bids for
the patents.
http://online.wsj.com/article/SB10000872396390444812704577607700939340864.html
http://www.businessweek.com/news/2012-08-23/kodak-to-sell-imaging-units-as-patent-auction-continues

But here is the biggie. According to this article Motion Picture Film is
"outside of the core" and the article continues with a quote that suggests
that the business may be up for sale. Page 2
http://online.wsj.com/article/SB10000872396390444812704577607700939340864.html


--Alain




On Fri, Aug 24, 2012 at 9:45 AM, 40 Frames <info at 40frames.org> wrote:

>
>
> On Fri, Aug 24, 2012 at 8:09 AM, Scott Dorsey <kludge at panix.com> wrote:
>
>>
>> The only hope for Kodak's film operation is for Kodak to split it off and
>> get some people who actually understand film and the film market to run
>> it.
>> It's going to take some capital investment too... some of those long
>> alleys
>> are going to have to be split up and transformed into facilities more
>> conducive
>> to small production runs.  They are going to have to figure out how to
>> make
>> film in small runs and actually get that film to customers.
>>
>>
> I agree completely. The company needs to be broken up with motion picture
> being
> separated or bought by a company like Eastman Chemical.
>
> Perez, the board, and executive level management are stuffing their
> pockets with money
> through the sale of stock holdings and giving themselves raises and
> bonuses as the
> ship sinks.
>
>
>
>
>> So, I am hoping this is a good thing.  If not, well, Fuji is making record
>> profits today.
>
>
>
> True, we'll have Fuji and ORWO and maybe AGFA (print and sound films), but
> Kodak MP makes stocks
> in 16mm that are not available from these other companies. 7363 and 3374
> to name two. Though I believe
> AGFA still makes optical sound recording film in 16mm, getting it is cost
> prohibitive with minimum order
> requirements.
>
> I hope Kodak MP can survive in another form, but the current model needs
> to go.
>
>
> Alain
>
>
> --
> 40 FRAMES
> Alain LeTourneau
> Pam Minty
>
> 40 FRAMES
> 5232 North Williams Avenue
> Portland, Oregon 97217
> USA
>
> +1 503 231 6548
> www.40frames.org
> www.16mmdirectory.org
> www.emptyquarterfilm.org
>
>


-- 
40 FRAMES
Alain LeTourneau
Pam Minty

40 FRAMES
5232 North Williams Avenue
Portland, Oregon 97217
USA

+1 503 231 6548
www.40frames.org
www.16mmdirectory.org
www.emptyquarterfilm.org
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