The incompetence of Kodak to (successfully) transition into other branches could actually save colour film.
Eastman Kodak is largely a Printing Systems and Industrial Chemical manufacturer. Consumer film and industrial chemicals generate one of the minor portions of revenue. Whether you consider that enough diversification is up to opinion.
Kodak's problem is that they have a lot of debt (which they pay a lot of interest on), but they also spend a lot on Research and Development - for what? For a company that was haemorrhaging hundreds of millions of dollars every year not long ago, to be back to minor profitability is still quite a success. However, if they were to stop producing film tomorrow, they would increase their profits because right now the whole Consumer and Film segment is running at a loss.
I still think there's a lot of consumer market potential that Kodak could tap into beyond the popularity of their name only, and there's certainly many technologies related to the production of coated thin-films and that is a global market still with a lot of growth even if they are only a part-supplier and not a producer of finished products.
Think solar panels, intelligent building cladding, superior micro building wraps, solar panels, television/computer/smartphone/camera displays/aerospace products.
Why has Kodak not produced photographic lenses again under an external supplier like Cosina or Tamron (autofocus)? They should be able to sell the MOQ on hype alone.
It looks like they are trying to move into Consumer 3D Printing... but why not just serve the small-scale commercial manufacturing segment instead? CNC machines, extruders, casting machines, presses etc. and maybe those larger metal 3D printers - things that Kodak already uses in their day to day operations. The sort of things that local businesses will buy.
They have swathes of unused patents, surely they didn't need to lower themselves to (struggling) to produce a simple Super 8 camera? If Fuji can make decent money selling digital cameras, in a market that is totally bloated, surely Kodak can sell a few lenses every year. Having so many different camera mounts on the market should make it a breeze.