It's official: Kodak in bankruptcy

cambolt said:
I don't think there are very many large companies that haven't resorted to pathetic lawsuits, and other dirty antics.
Surely someone will buy into Tri-x, it's got to be one of the most popular films. (as far as I can see, it is THE most popular film)
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yes, and it will cost 2x the actual price...
 
What an anticlimax. They are not going anywhere soon, it is a Chapter 11 filing.

Bob
 
Gee. What a day. Tri-X isn't available for retail sale in Australia (not my part of it, anyway). After buying some on line recently I loaded it into my Rolleiflex and exposed my first frames of it today. To come home and read this news is poignant, indeed. I hope the outcome for the company is the best which might be expected.
Regards,
Brett
 
kode said:
I am pretty sure there is quite the gradation between having patents and defending them when competitors do not license them, and being a patent troll existing solely to sue every other company making anything resembling anything in your patent portfolio. Proving prior arts to patents a patent troll has filed can in some cases be a pretty costly process, and the practice of patent trolling does in no way encourage the development of new technology. Kodak isn't the worst offender by a long shot, but they do partake in the practice somewhat. The last weeks, Kodak has sued both Samsung and Fujifilm for, e.g., for a patent sounding a lot like what "live view" is, taking still photos while previewing a motion capture.
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In the legal system, here in the US, and probably the UK too (and any system derived from the Brits), you most likely risk losing your rights if you don't defend your patents. I don't think you can just sit on your hands and do nothing.
 
David Murphy said:
Glad to see them gone. Any company going around trying to shake down other companies for tribute the way they do needs to go bankrupt. Kodak actually patents such incredible innovations as computers sending other computers data (in 2007 no less). They are pathetic.
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Shame on you. Kodak makes perfect film, Apple makes nice things for someone. Everybody likes Apple but almost nobody blames Apple for patent trolling around Samsung on the Apples peak of popularity/profit.
Just someone blames ill-formed US patent system.
Do you really know details about last suing between Apple & Samsung?
Apple & US patent system are just dumb, but nobody cares. And the Kodak is a monster of course...ha-ha
 
I just want my film - I don't care about patents, "Patent Trolls", the patent system or any of that - I can't control that - but what I can control is buying film - so as long as I can still buy Tri-X, Portra and a few other ones; I'll be happy.

Selfishly,
Dave
 
Riverman said:
They've filed for Ch 11, not Ch 7. So they have not gone into liquidation. In effect Ch 11 allows the insolvent firm to discriminate between its finance creditors and its trade creditors. Business will continue as Kodak seek reorganisation/restructuring. It seems as if half of all US airlines are in Ch 11 half the time! It's still a sad day and query whether the film biz will survive. If i could pick one Kodak product to save it would be ektachrome but i'm not holding my breath.
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Yes, you are right. Kodak is filing for bankruptcy protection Ch 11, not in bankruptcy. The objective of Ch 11 bankruptcy protection is to make the company to have uninterrupted operations, not stopping and liquidating it.
 
steveyork said:
In the legal system, here in the US, and probably the UK too (and any system derived from the Brits), you most likely risk losing your rights if you don't defend your patents. I don't think you can just sit on your hands and do nothing.
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But you do not see a gradation between defending patents and frivolous litigation?
 
Riverman said:
They've filed for Ch 11, not Ch 7. So they have not gone into liquidation. In effect Ch 11 allows the insolvent firm to discriminate between its finance creditors and its trade creditors. Business will continue as Kodak seek reorganisation/restructuring. It seems as if half of all US airlines are in Ch 11 half the time! It's still a sad day and query whether the film biz will survive. If i could pick one Kodak product to save it would be ektachrome but i'm not holding my breath.
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Airlines are in the business of selling an inelastic product, while Kodak is in the business of selling outdated and sub par products that no one wants anymore. Their film business is miniscule but the rest of Kodak's products are crap by all standards; therefore, this Ch11 bankruptcy is the official end of Kodak - unless they come up with some revolutionary product(s) overnight, they're finished.
 
claacct said:
Airlines are in the business of selling an inelastic product, while Kodak is in the business of selling outdated and sub par products that no one wants anymore. Their film business is miniscule but the rest of Kodak's products are crap by all standards; therefore, this Ch11 bankruptcy is the official end of Kodak - unless they come up with some revolutionary product(s) overnight, they're finished.
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I don't know...if they restructure and shed some weight, and especially if they sell some patents/sue more people 🙄 they could come out with another few years left in them. And then maybe they'll create a decent digital product.

I think it's still possible for a company to produce mostly film products in this day and age, but it's a very small niche market and Kodak is way too big to be handling it properly. On the bright side, if Kodak folds, many will turn to Fuji and that will help keep their film profits up. I just talked to a Fuji rep who told me that if Kodak were to go under, Fuji would reconsider producing films such as C41 4x5 film (only portra and ektar right now) and other stuff.
 
steveyork said:
In the legal system, here in the US, and probably the UK too (and any system derived from the Brits), you most likely risk losing your rights if you don't defend your patents. I don't think you can just sit on your hands and do nothing.
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Why blame us for US propensity for malicious prosecution, Kodak has been a predatorily litigant for many years now
 
Bought some more Portra 160,400 and Tri-X as assurance of supply - just incase there is panic buying ... not that that's what I'm doing 😕

Don't really care for or believe there is future for any of their printer or camera products in a highly saturated consumer marketplace.
Perhaps there is more hope for the commercial side of the company.
 
2lookdown said:
Shame on you. Kodak makes perfect film, Apple makes nice things for someone. Everybody likes Apple but almost nobody blames Apple for patent trolling around Samsung on the Apples peak of popularity/profit.
Just someone blames ill-formed US patent system.
Do you really know details about last suing between Apple & Samsung?
Apple & US patent system are just dumb, but nobody cares. And the Kodak is a monster of course...ha-ha
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I read a couple of their "patents" - they could have been written by any bright teenager - they are a joke. Everything in them is a rehash of the obvious. Kodak is a disgrace. I have no special love for Apple - they may well be doing the same thing.
 
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