Kodak to declare Bankruptcy


Founded in 1892 and responsible for introducing both 35mm colour film, and the Megapixel Sensor, Kodak has played a massive role in the history of photography and its tools. The Wall Street Journal is reporting Kodak is set to declare Chapter 11 bankruptcy unless the company can sell a portion of digital patents. Bankruptcy proceedings are expected to happen within the month. Potentially a sign of the times…

Source: Mashable


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