Maybe Kodak thinks that film sales will level off at some point in the future, instead of plummeting all the way to zero.
Maybe their research showed that film sales at that future time will be enough to continue to be profitable.
I find it interesting - when Kodak CEO Perez says "Film is dead," he doesn't mean it. When he says "No, I was mistaken, film isn't dead," he does mean it.
I guess we parse what we read based on what we want to believe, eh? Or am I just poking the bear with a stick again?
Hmmm, I was thinking that a very useful new year's resolution would be to stop arguing about the death of film... it would save me countless hours 🙂
Maybe Kodak thinks that film sales will level off at some point in the future, instead of plummeting all the way to zero.
Maybe their research showed that film sales at that future time will be enough to continue to be profitable.
I can see why they would "cling" to film, it still might have some life left.
Business predictions are usually based on growth... clearly there is no more growth in film sales... but supporting a dying product can still be profitable... so it really can be dead and un-dead at the same time.
🙂
Hmmm, I was thinking that a very useful new year's resolution would be to stop arguing about the death of film... it would save me countless hours 🙂
I think Kodak and Fuji will keep making film no matter how much money they lose on it. It's cheap advertising because it keeps them in the press with stories like this one.
what that article fails to report is the astronomical sums Kodak has spent on digital business while still failing to see one penny of profit in that realm. Film is arguably a profitable enterprise, while digital is a money pit.
Well, this digital fad will be over soon, and we can all go back to film. And having milk delivered. And elevator operators. And disco. Maybe some 8-track tapes.