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Kodak began selling its original camera, created by George Eastman, in 1888 in the US for $25.
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In January 2013, the Court approved financing for Kodak to emerge from bankruptcy by mid 2013. In August 2012, Kodak announced its intention to sell its photographic film, commercial scanners and kiosk operations, as a measure to emerge from bankruptcy, but not its motion picture film operations. Digital cameras are still sold under the Kodak brand by JK Imaging Ltd under an agreement with Kodak. Shortly thereafter Kodak announced that it would stop making digital cameras, pocket video cameras and digital picture frames and focus on the corporate digital imaging market. In January 2012, Kodak filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of New York. As a part of a turnaround strategy, Kodak began to focus on digital photography and digital printing, and attempted to generate revenues through aggressive patent litigation. Kodak began to struggle financially in the late 1990s, as a result of the decline in sales of photographic film and its slowness in moving to digital photography, despite developing the first self-contained digital camera. The company's ubiquity was such that its " Kodak moment" tagline entered the common lexicon to describe a personal event that deserved to be recorded for posterity. During most of the 20th century, Kodak held a dominant position in photographic film.
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Kodak was founded by George Eastman and Henry A. It is best known for photographic film products.
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Its main business segments are Print Systems, Enterprise Inkjet Systems, Micro 3D Printing and Packaging, Software and Solutions, and Consumer and Film.
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Kodak provides packaging, functional printing, graphic communications, and professional services for businesses around the world. The company is headquartered in Rochester, New York, and is incorporated in New Jersey. The Eastman Kodak Company (referred to simply as Kodak / ˈ k oʊ d æ k/) is an American public company that produces various products related to its historic basis in analogue photography. Kodacolor II 126 film cartridge, expiring date 1980.
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