Tag: Eastman Kodak Co. – Page 2 – The Dead Pixels Society

“Making Kodak Film” book updated

August 28, 2023September 1, 2023 GaryPageau Eastman Kodak Co., film, Kodak

With all the renewed interest in film, here’s a reminder the book “Making Kodak Film,” has been updated. The book, written by longtime Eastman Kodak Co. film manufacturing expert Bob Shanebrook, the second edition hardcover features 470 pages with 402 illustrations. The second edition is now in its 19th printing. The first edition softcover, at 94 pages with 165 illustrations,... Read More

News

Kodak suing the Kruchtens over stock options

July 28, 2023July 29, 2023 GaryPageau Eastman Kodak Co., Kruchtens

Eastman Kodak Co. is suing two former high-level Kodak executives for not returning more than $500,000 in stock gains received from the sale of stock options the company says they erroneously received, according to the Rochester Business Journal. Kodak filed separate complaints in the state Supreme Court in Rochester against Brad and Dolores Kruchten. Brad Kruchten left Kodak in April,... Read More

News

Kodak photo paper and chemicals fade from the market

May 5, 2023May 24, 2023 GaryPageau Eastman Kodak Co., Fujifilm, Kodak Alaris

Sino Promise Group, the China-based maker of Kodak-branded photographic paper and chemicals for professional and amateur photofinishing, notified customers the company will “no longer be offering” the products, according to correspondence provided to the Dead Pixels Society. Sino Promise has not responded to requests for comment. Unconfirmed reports from photo labs say the sales team has already been dismissed. The... Read More

News

Sky News: Kodak Alaris owners are shopping the company

April 15, 2023May 5, 2023 GaryPageau Eastman Kodak Co., Kodak Alaris, Kodak Moments, Sky News

Sky News reports Britain’s Pension Protection Fund (PPF) is poised to put Kodak Alaris, the photographic and document imaging group, up for sale. Sky News city editor Mark Kleinman writes the PPF, which has owned Kodak Alaris since 2020, “has kicked off talks with bankers about an auction of the company behind the ‘Kodak moments’ made famous by its multinational... Read More

Earnings reports News

Kodak grows full-year sales and net income

March 16, 2023March 19, 2023 GaryPageau Eastman Kodak Co., Kodak

Eastman Kodak Co. reported financial results for the fourth quarter and full year 2022. For the full year ended Dec. 31, 2022, revenues were $1.205 billion, an improvement of $55 million for the same period in 2021. Adjusting for the unfavorable impact of foreign exchange of $70 million, revenues increased by $125 million, or 11 percent compared to the prior... Read More

News

Kodak not complicit in Trump-era insider-trading case, says Justice Department

February 25, 2023February 26, 2023 GaryPageau Eastman Kodak Co.

A former pharmaceutical executive and his cousin with ties to Eastman Kodak Co. were charged by the U.S. Justice Department with insider trading. Kodak itself is charged with any wrongdoing. According to the Rochester First, the allegations say, between June and July 2020, 37-year-old Andrew Stiles, at the time a vice president of a pharmaceutical company working with Kodak, schemed with... Read More

News

Kodak reports lower third-quarter net earnings

November 8, 2022November 13, 2022 GaryPageau Eastman Kodak Co.

Eastman Kodak Co. reported financial results for the third quarter 2022, including consolidated revenues of $289 million, essentially level with last year, but GAAP net income declined to $2 million, compared with $8 million for Q3 2021. “For the third quarter of 2022, Kodak delivered year-over-year revenue growth for the sixth consecutive quarter. I’d like to thank our loyal customers... Read More

News

South Bend coffee shop rebrands as “Kodachrome Coffee”

April 21, 2022May 3, 2022 GaryPageau branding, coffee shop, Eastman Kodak Co., Kodachrome

A South Bend, Indiana-based roasting company Zen Cafe has rebranded to become Kodachrome Coffee, according to a report in Daily Coffee News. The rebrand “is intended to provide a sharper focus on the company’s attention to craft, as well as on the relationships with producers developed over Kodachrome’s 10-plus years in business,” according to reporter Howard Bryman. The Dead Pixels Society... Read More

Feature

Smarter Every Day tours Kodak film plant

March 21, 2022March 25, 2022 GaryPageau Eastman Kodak Co., film, Smarter Every Day

The YouTube channel Smarter Every Day showed the first of three videos documenting how Eastman Kodak Co. makes film. The first 56-minute video by host Destin Sandlin is a deep dive into the process of making the ESTAR film base from PET pellets. Here’s the first look: Read More

New Products

Kodak launches range of printing products

October 6, 2021October 8, 2021 GaryPageau Eastman Kodak Co., Kodak, printing

Eastman Kodak Co. announced the KODAK ASCEND Digital Press for the retail/POP and packaging markets. The company claims the KODAK ASCEND Digital Press is the first electrophotographic press designed to print heavyweight substrates at long lengths with CMYK and flat foil embellishments in one pass. It offers production speeds up to 572 sqm/hour (5280 sqft/hour) and its large sheet length... Read More

Events News

Kodak reports second-quarter 2021 results

August 11, 2021August 14, 2021 GaryPageau Eastman Kodak Co.

Eastman Kodak Co. reported financial results for the 2021 second quarter, including consolidated revenues of $291 million and a year-over-year improvement in cash performance. The company no longer breaks out photography-related financial data. “Kodak’s strong second-quarter performance reflects the impact of changes we’ve made and our continued focus on our core competencies and our long-term plan,” said Jim Continenza, Kodak’s... Read More

Earnings reports News

Eastman Kodak reports $6 million first-quarter net income

May 13, 2021May 21, 2021 GaryPageau Eastman Kodak Co.

Eastman Kodak Co. reported first-quarter financial results, including consolidated revenues of $265 million, net income of $6 million, and a $401 million cash balance. “The steps we have taken in the last two years — strengthening our balance sheet, establishing a customer-first approach and continuing to invest in innovation — have created the foundation for growth,” said Jim Continenza, Kodak’s... Read More

Marketing Podcasts

The Dead Pixels Society podcast: Lessons learned from a life in the photo business, with Fred Lerner, MailPix

April 24, 2021April 24, 2021 GaryPageau Eastman Kodak Co., Fred Lerner, Lerner Photo, Lerner Processing Labs, MailPix, Qualex

Gary Pageau of the Dead Pixels Society talks with Fred Lerner, CEO and founder, MailPix, about the photo/imaging business. A meeting in a summer camp darkroom started Lerner on a decades-long career with leading photo industry companies like Berkey Photo and Eastman Kodak Co., as well as his own photofinishing labs, Lerner Photo and Lerner Processing Labs. He was also active in the Australian photofinishing industry at the dawn of one-hour processing. Later, ... Read More

Earnings reports

Kodak reports $1 billion in full-year 2020 revenue

March 17, 2021March 24, 2021 GaryPageau Eastman Kodak Co.

Eastman Kodak Co. reported financial results for the full year 2020, including consolidated revenues of $1 billion and an increase in cash in the second half of the year. For the year ended Dec. 31, 2020, revenues declined by $213 million compared with the same period in 2019. Kodak ended the quarter with a cash balance of $196 million, down... Read More

News

Kodak announces new capital sources, debt structure

March 7, 2021March 15, 2021 GaryPageau Eastman Kodak Co.

Eastman Kodak Co. announced a series of financial transactions providing access to new capital, addressing maturing debt obligations, and strengthening the company’s ability to invest in strategic growth opportunities in print, advanced materials and chemicals, the company said. Kennedy Lewis Investment Management LLC has provided Kodak with an initial $225 million term loan and a commitment to provide delayed-draw term... Read More