kodak…couldn’t keep up. they were still making film when digital was everywhere. they lost the digital race, when phones could make photos. i’m surprised that they lasted this long and not merged with another company, maybe bain capital.
actually blind mismanagement. guess what? movie theatres don’t use digital—-someones still making film, and whoever is supplying it to movie filmmakers (so THAT’s why they call them that…) is still in business making money somewhere. but, yeah, itsureshell ain’t kodak.
The golden rule of Darwinian capitalism is "adapt or die. If your company cannot adapt to modern changes, it will not be competitive and will fold, like Circuit City, Borders, and countless others. Unless you are in the oil or US auto industry, and then you convince everybody else that change is bad and ignore the rest of the world as they make progress…
PICTO over 11 years ago
It’s hard to picture a world without Kodak.
vwdualnomand over 11 years ago
kodak…couldn’t keep up. they were still making film when digital was everywhere. they lost the digital race, when phones could make photos. i’m surprised that they lasted this long and not merged with another company, maybe bain capital.
d_legendary1 over 11 years ago
Technology claims another victim.
dfowensby over 11 years ago
actually blind mismanagement. guess what? movie theatres don’t use digital—-someones still making film, and whoever is supplying it to movie filmmakers (so THAT’s why they call them that…) is still in business making money somewhere. but, yeah, itsureshell ain’t kodak.
Fourcrows over 11 years ago
The golden rule of Darwinian capitalism is "adapt or die. If your company cannot adapt to modern changes, it will not be competitive and will fold, like Circuit City, Borders, and countless others. Unless you are in the oil or US auto industry, and then you convince everybody else that change is bad and ignore the rest of the world as they make progress…
Odon Premium Member over 11 years ago
Actually Kodak was a tremendous innovator in the digital field just didn’t carry it forward properly.
pirate227 over 11 years ago
Adapt or die.
cjr53 over 11 years ago
And sent buggy whip manufacturing down the tubes.