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Kodak completes pension reversion process, freeing up $1 billion Investments News 

Kodak completes pension reversion process, freeing up $1 billion

GaryPageau
Eastman Kodak Co. announced it has completed the reversion process for the $1.023 billion in excess pension assets held in the company-funded Kodak Retirement Income Plan (“KRIP”), the final step in the previously disclosed KRIP transition. The move provides Kodak with a substantial liquidity boost and further stabilizes its long-term financial outlook.  Approximately $767 million of the excess assets were... Read More
Eastman Kodak keeps the train rolling with more self-distributed films New Products 

Eastman Kodak keeps the train rolling with more self-distributed films

GaryPageau ,
After Eastman Kodak Co. quietly added two films, Kodacolor 100 and Kodacolor 200, to its still photo film landing page in September. Kodak has now added Kodak Gold 200 and Kodak UltraMax 400 film. Both films feature the classic Kodak branding as Kodacolor, with bright yellow packaging and classic red Kodak logo. The company says the “ULTRAMAX 400 is a high-speed, daylight-balanced color negative film designed to perform... Read More
Kodak reports third-quarter 2025 financial results Earnings reports News 

Kodak reports third-quarter 2025 financial results

GaryPageau
Eastman Kodak Co. reported third quarter 2025 consolidated revenues of $269 million, compared with $261 million for Q3 2024, an increase of $8 million or 3 percent. Advanced Materials & Chemicals (AM&C) revenues, which include film, were $82 million, compared with $71 million for Q3 2024, an increase of $11 million or 15 percent. Print revenues were $177 million, compared... Read More
Eastman Kodak supporting USA bobsled team Events 

Eastman Kodak supporting USA bobsled team

GaryPageau ,
Eastman Kodak Co. announced its support of USA Bobsled/Skeleton (USABS), as the four-man bobsled team competes leading up to international competition in 2026. The team’s athletes and head coach joined Kodak executives at Golisano Institute for Business & Entrepreneurship to unveil the new, state-of-the-art bobsled, which features the company’s yellow and red logo. The partnership was made possible through the... Read More
Eastman Kodak announces level sales, admits to concerns over long-term viability Earnings reports News Opinion 

Eastman Kodak announces level sales, admits to concerns over long-term viability

GaryPageau 2 Comments
Eastman Kodak Co. was back in the news last week, as mainstream financial news organizations and distraught tech bloggers glommed onto a few sentences in the company’s earnings report (see below) that stated the company doesn’t have “committed financing or available liquidity” to pay its roughly $500 million in upcoming debt obligations. “These conditions raise substantial doubt about the company’s... Read More
Seoul entrepreneur gives Kodak brand renewed life Marketing 

Seoul entrepreneur gives Kodak brand renewed life

GaryPageau ,
In a recent New York Times feature story, “The Kodak Brand Gets a Second Life,” writer David Andreatta tells the story of the Kodak Corner Shop, located “on the bustling main drag of Seongsu-dong, a former warehouse district turned hipster haven in Seoul.” Kodak Apparel and its related shops are the brainchild of Lee Jun Kwon, the chief executive of... Read More
China Lucky Film to release affordable ISO 200 color film New Products 

China Lucky Film to release affordable ISO 200 color film

GaryPageau , ,
KosmoFoto reports China Lucky Film has released the first sample photos of its forthcoming ISO 200 color negative film and says the film could be released in a matter of a few weeks’ time. In a blog post, Chinese film brand Reflx Lab drew attention to a post from China Lucky Film’s parent company Lucky Group on the Chinese social media platform... Read More
Kodak reports flat revenues, net loss for first-quarter 2025 Earnings reports News 

Kodak reports flat revenues, net loss for first-quarter 2025

GaryPageau
Eastman Kodak Co. reported financial results for the first quarter 2025 were consolidated revenues of $247 million, compared with $249 million for Q1 2024, were roughly flat year over year. The gross profit was $46 million, compared with $49 million for Q1 2024, a decrease of $3 million or 6 percent. The GAAP net loss of $7 million, compared with net... Read More
Kodak reports fourth-quarter and full-year 2024 financial results Earnings reports News 

Kodak reports fourth-quarter and full-year 2024 financial results

GaryPageau ,
Eastman Kodak Co. reported fourth-quarter consolidated revenues of $266 million, compared with $275 million for Q4 2023, a decrease of $9 million or 3 percent, but a gross profit of $51 million, compared with $47 million for Q4 2023, an increase of $4 million or 9 percent For the full-year, consolidated revenues were $1.043 billion, compared with $1.117 billion for... Read More
Kodak resumes film manufacturing after pause for upgrades News 

Kodak resumes film manufacturing after pause for upgrades

GaryPageau ,
As of Tuesday, Dec. 10, Eastman Kodak Co. has completed its scheduled downtime to update its film manufacturing plant, according to Rochester First. Citing increasing demand and the need to modernize its production factories, Kodak temporarily paused all film production last month at its factory in Rochester, N.Y. Eastman Kodak, which produces motion picture films and film for still photography,... Read More
From journalism to trails to tech: Wendy Bounds on innovation and personal transformation Marketing Podcasts 

From journalism to trails to tech: Wendy Bounds on innovation and personal transformation

GaryPageau , , , ,
Gwendolyn (Wendy) Bounds, an accomplished journalist, author, and tech executive, shares her journey from journalism at the Wall Street Journal to the fast-paced world of tech startups. The episode kicks off with a remembrance of the 1994 Photo Marketing Association convention, where Bounds and Dead Pixels Society host Gary Pageau first met and witnessed the dawn of digital photography with Apple’s QuickTake camera. Bounds... Read More
Eastman Kodak prepares to terminate U.S. pension plan Investments News 

Eastman Kodak prepares to terminate U.S. pension plan

GaryPageau
Eastman Kodak Co. is preparing to terminate its overfunded U.S. pension plan to unlock value from the fund, according to the Wall Street Journal. The defined-benefit pension has 35,000 participants, and the move could ultimately result in a cash gain of as much as $585 million that Kodak would use to reduce debt and invest in its business, executives said,... Read More
Eastman Kodak pausing film manufacturing to modernize equipment News 

Eastman Kodak pausing film manufacturing to modernize equipment

GaryPageau , ,
Citing increasing demand and the need to modernize its production factories, Eastman Kodak Co. temporarily paused all film production this month at its factory in Rochester, N.Y., according to company executives during last week’s quarterly earnings call. “Our film sales have increased in motion picture and in still film and other films. So on film, right, we’re doing a shutdown... Read More
Kodak reports level third-quarter results, but will be investing more in film production Earnings reports 

Kodak reports level third-quarter results, but will be investing more in film production

GaryPageau ,
Eastman Kodak Co. reported third-quarter financial results, including consolidated revenues of $261 million, compared with $269 million for Q3 2023, a decrease of $8 million or 3 percent. Kodak reported gross profit of $45 million, compared with $50 million for Q3 2023, a decrease of $5 million or 10 percent.  GAAP net income of $18 million, compared with net income... Read More