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Kodak reports first-quarter 2018 financial results Earnings reports Press releases 

Kodak reports first-quarter 2018 financial results

ROCHESTER, N.Y.–(BUSINESS WIRE)–Eastman Kodak Company (NYSE:KODK) today reported financial results for the first quarter 2018, reporting a net loss of $25 million on revenues of $357 million and continued growth in its KODAK SONORA Process-Free Plates, KODAK FLEXCEL NX Packaging and KODAK PROSPER Inkjet businesses. Highlights include: Revenues for the quarter ending March 31, 2018 were $357 million, flat compared... Read More
It’s been a bad week for former Kodak spokespeople News Opinion 

It’s been a bad week for former Kodak spokespeople

Two former TV stars with ties to old-school Eastman Kodak Co. marketing efforts were in the headlines this week for legal troubles. Comedian Bill Cosby, long-time spokesperson for Kodak film and Colorwatch System photofinishing, was found guilty this week of sexual assault. In other news, “Smallville” star Allison Mack, who was featured in a youth lifestyle campaign, plead not guilty to... Read More
Opinion: Blockchain, not cryptocurrency, will be the engine of imaging value News Opinion 

Opinion: Blockchain, not cryptocurrency, will be the engine of imaging value

The buzz about cryptocurrency hasn’t escaped the photo industry, as we’ve seen several attempts from companies to adapt their businesses to this economic model. As we’ve seen, Eastman Kodak Co. made the news with its partnership WENN Digital to unveil KODAKCoin, a cryptocurrency based on professional photography. Details are just now being released, which shed some light on the details of... Read More
Activist shareholder alleges Xerox CEO sought unauthorized Fujifilm merger News 

Activist shareholder alleges Xerox CEO sought unauthorized Fujifilm merger

Activist shareholder Darwin Deason has filed a lawsuit alleging Xerox CEO Jeff Jacobson disregarded board directives to pursue the merger of Xerox with Fuji Xerox, according to Reuters. In January, Fujifilm Holdings and Xerox inked a $6.1 billion deal to combine the U.S. company into their existing joint venture, Fuji Xerox, but the announcement met with resistance from Deason and Carl... Read More
Kodak announces John O’Grady as new president of Print Systems Division People on the Move Press releases 

Kodak announces John O’Grady as new president of Print Systems Division

Brad Kruchten to retire after 36 years with Kodak ROCHESTER, N.Y.–(BUSINESS WIRE)–Today Eastman Kodak Company (NYSE:KODK) announced John O’Grady, current President of the Consumer and Film Division and former General Manager of World Wide Sales for Print Systems Division, will become President of the Print Systems Division effective April 24, 2018. O’Grady will replace Brad Kruchten who is retiring after... Read More
Kodak reports fourth-quarter and full-year 2017 financial results News 

Kodak reports fourth-quarter and full-year 2017 financial results

ROCHESTER, N.Y.–(BUSINESS WIRE)–Eastman Kodak Company (NYSE:KODK) today reported financial results for the fourth quarter and full year 2017, delivering net earnings for the year of $94 million on revenues of $1.5 billion and continued growth in key product areas. Highlights include: GAAP net earnings of $94 million for the year ended December 31, 2017. GAAP net earnings for the year... Read More
Analysis: What is up with Snap? Opinion 

Analysis: What is up with Snap?

Snap, the company, is an enigma. The company’s AR-powered social network/camera app is a phenomenon, yet the company itself isn’t turning heads. According to CNBC, Snap is laying off 100 engineers, accounting for 10 percent of the team. Not a great sign for an innovation-driven company. Previously, Snap has had layoffs in marketing, recruitment and content divisions. The news comes... Read More
Photographer looks to resurrect vintage Phogenix film processors News Opinion 

Photographer looks to resurrect vintage Phogenix film processors

When a friend of photographer Ben Carufel showed him 30 old-school inkjet digital labs unearthed in a San Diego, Calif., salvage yard, he wasn’t sure what he was seeing. After doing a little Googling, he discovered the colorful purple units were film processors from the early 2000s-era Phogenix joint venture between Eastman Kodak Co. and HP. (The entire salvage story... Read More
Taopix names China distributor News 

Taopix names China distributor

U.K. photo personalization software company Taopix named Shanghai-based Boostech as its VAR in China. Founded in 2015, Boostech specialises in personalised and variable data software solutions for commercial printers, including working with Kodak inkjet printers, showcased at China Print in Beijing in May 2017. According to the announcement, Boostech Technical Director, Leo Zhu, says “We met with Taopix at the exhibition and our... Read More
Kodak film production flat in third quarter Earnings reports News Opinion Press releases 

Kodak film production flat in third quarter

Although primarily a printing/graphic arts company, Eastman Kodak Co. is still producing a lot of film-based products these days, as well as licensing numerous products with the Kodak label. In its third-quarter earnings report, the Rochester, N.Y.-based company stated sales in its Consumer and Film Division were $55 million, flat compared last year. Operational EBITDA was negative $2 million, a decline... Read More
Photo Printing & Merchandise Market Is Expected to Represent US $3,000 Mn by 2026 End Market research Press releases 

Photo Printing & Merchandise Market Is Expected to Represent US $3,000 Mn by 2026 End

Future Market Insights’ recent report predicts a very unavailing future for the global photo printing & merchandise market. Valley Cottage, NY — (SBWIRE) — 10/30/2017 — Although, almost half of global photo printing & merchandise revenues are likely to be coming from online sales. While instant kiosks account for less than 10% of the market value, online distribution of photo... Read More
KODAK PRINTOMATIC Instant-Print Camera Captures the Moment New Products Press releases 

KODAK PRINTOMATIC Instant-Print Camera Captures the Moment

Sleek new camera brings legendary KODAK style to the instant-print camera game; prints beautiful, ready-to-share photos ROCHESTER, N.Y. and EDISON, N.J.–(BUSINESS WIRE)–Today Eastman Kodak Company and its licensee C+A Global unveiled the KODAK PRINTOMATIC Camera, a brand-new instant-print camera. The stylish new point-and-shoot camera instantly prints high-quality, full color photos right from the camera body, making it the ideal all-in-one... Read More
Kodak Center Theater Debuts New Name, Marquee and Digital Sign at Celebration Event News Press releases 

Kodak Center Theater Debuts New Name, Marquee and Digital Sign at Celebration Event

Theater also announces partnership with entertainment management leader SMG to draw new acts to Rochester Rochester, N.Y. – WEBWIRE – Friday, September 8, 2017 – Eastman Kodak Company officials lit up a new marquee and digital sign during a celebration event Thursday at Kodak Center Theater. A crowd across the street cheered as the new additions lit up the dimming sky,... Read More
Photo Printing and Merchandise Market Will See a Decelerated Revenue Growth at 2.6% CAGR by the End of 2026 | Jun 20, 2017 – ReleaseWire Market research Press releases 

Photo Printing and Merchandise Market Will See a Decelerated Revenue Growth at 2.6% CAGR by the End of 2026 | Jun 20, 2017 – ReleaseWire

Valley Cottage, NY — (SBWIRE) — 06/20/2017 — According to Future Market Insights, Advent of digital imaging technology can be identified as the point from where roll films were ordained to go out of business.The declining demand for cameras with film rolls is directly associated with growing adoption of digital cameras. Consumers grew more inclined towards digital cameras, thereby making... Read More
KODAKIT Announces Partnership with Anti-Child Trafficking Nonprofit Friends of Thai Daughters Press releases 

KODAKIT Announces Partnership with Anti-Child Trafficking Nonprofit Friends of Thai Daughters

SAN FRANCISCO, May 11, 2017 /PRNewswire/ — KODAKIT, a Kodak company that connects businesses to photography services globally, today announced a partnership with Friends of Thai Daughters (FTD), a Massachusetts-registered nonprofit helping to protect girls and young women in Northern Thailand from child trafficking by providing safe shelter, education and support. KODAKIT will provide monetary and advisory support to FTD as... Read More
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