Kodak to END it's role in consumer photography

Eastman Kodak Company announced they will be selling their Personalized Imaging and Document Imaging businesses ending their role as a consumer photographic company. Kodak says it will continue to make film for the movie industry and will continue with it's 'Specialist Film' division who make large-format films for aerial and industrial photography. They also intend to keep it's Consumer Inkjet division making it one of the last public facing businesses.  Learn more about Kodak's reorganization

The Wall Street Journal reported  that many of the world's biggest technology companies, including Samsung, Apple and Google, have formed a consortium to bid for Kodak's digital imaging patents. Kodak is hoping the sale of it's patents will raise $2.2bn which would help the remains of the company get from under the Chapter 11 bankruptcy protection.

Kodak take next steps toward successful emergence (Press Release)

  
Update: Sept 5, 2013
Quote: "Kodak Officially Emerges from Chapter 11 Bankruptcy over a year and a half after declaring"
  

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