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133-year old Kodak might have to cease operations

  
 
fotografur
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p.1 #1 · 133-year old Kodak might have to cease operations




133-year old Kodak says it might have to cease operations

At its peak, Kodak employed 54,000 people in Rochester alone and it was #11 on Fortune's 500 list.

https://finance.yahoo.com/news/133-old-kodak-says-might-132727859.html



Aug 12, 2025 at 09:47 AM
RoamingScott
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p.1 #2 · 133-year old Kodak might have to cease operations


Didn’t they move film production back to 24 hours a day in the last few years because they couldn’t meet demand?


Aug 12, 2025 at 10:28 AM
fotografur
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p.1 #3 · 133-year old Kodak might have to cease operations


RoamingScott wrote:
Didn’t they move film production back to 24 hours a day in the last few years because they couldn’t meet demand?


Yes. They temporarily paused film production at its Rochester, NY factory to modernize the plant and upgrade its film production lines. This shutdown, which began in November 2024, was announced by CEO Jim Continenza during the company's Q3 2024 earnings call. The company is investing in its manufacturing process to keep up with increased demand for both motion picture and still film. Kodak has built up inventory to ensure availability during the shutdown.



Aug 12, 2025 at 10:33 AM
corposant
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p.1 #4 · 133-year old Kodak might have to cease operations


Isn't Kodak "Alaris" the spinoff that produces all their new film?


Aug 12, 2025 at 01:11 PM
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p.1 #5 · 133-year old Kodak might have to cease operations


Says they have $155 million to pay $500 million in debt and think they can refinance, so hopefully the iconic American photography can pull through. Stock price killed today, off about 25% last I checked

https://finance.yahoo.com/news/kodak-cautions-theres-substantial-doubt-134355550.html




Aug 12, 2025 at 01:19 PM
Douglas L
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p.1 #6 · 133-year old Kodak might have to cease operations


It's amazing how some big companies' fortune can change because of new technology. I am still shocked what the once mighty Motorola has become and what Intel may become.


Aug 12, 2025 at 01:28 PM
chez
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p.1 #7 · 133-year old Kodak might have to cease operations


Douglas L wrote:
It's amazing how some big companies' fortune can change because of new technology. I am still shocked what the once mighty Motorola has become and what Intel may become.


Many large companies have too much inertia to quickly change with technologies…sort of like trying to turn a big ocean liner around. I have no feelings with these companies that stagnate while new upstarts take big risks on new tech.



Aug 12, 2025 at 02:05 PM
Nifty Fifty
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p.1 #8 · 133-year old Kodak might have to cease operations




chez wrote:
Many large companies have too much inertia to quickly change with technologies…sort of like trying to turn a big ocean liner around. I have no feelings with these companies that stagnate while new upstarts take big risks on new tech.


The tragic thing is that Kodak essentially heralded its own demise with the first digital camera. Well, I have nothing to reproach myself for. I bought and processed Kodak film and paper until 2022.



Aug 12, 2025 at 02:26 PM
Peire
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p.1 #9 · 133-year old Kodak might have to cease operations


Another legendary company fades away.Signum temporis.


Aug 12, 2025 at 02:30 PM
 


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Douglas L
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p.1 #10 · 133-year old Kodak might have to cease operations


chez wrote:
Many large companies have too much inertia to quickly change with technologies…sort of like trying to turn a big ocean liner around. I have no feelings with these companies that stagnate while new upstarts take big risks on new tech.


Yeah, up in Canada you had Nortel and Blackberry, although not in the same league as Motorola and Kodak in terms of brand and history.



Aug 12, 2025 at 03:32 PM
freaklikeme
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p.1 #11 · 133-year old Kodak might have to cease operations


Let's not start writing eulogies yet. There's still a lot they can do.


Aug 12, 2025 at 04:48 PM
grantgoodes
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p.1 #12 · 133-year old Kodak might have to cease operations


Douglas L wrote:
Yeah, up in Canada you had Nortel and Blackberry, although not in the same league as Motorola and Kodak in terms of brand and history.


Not to mention Hudson's Bay (not high-tech of course) which dates back to 1670 and went under this year. And Blackberry is still around, even if the ground-breaking original device is a distant memory..



Aug 12, 2025 at 04:53 PM
architekt
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p.1 #13 · 133-year old Kodak might have to cease operations


I think Kodak are trying to build a narrative to shed pension obligations.


Aug 12, 2025 at 06:27 PM
RoamingScott
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p.1 #14 · 133-year old Kodak might have to cease operations


Been around long enough to read through the lines that this is likely setting up a corporate restructure and as others said, relieve some debt obligations through "creative" means. The details in the "news" articles are pretty useless.

Kodak film production isn't going anywhere.

Edited on Aug 12, 2025 at 06:28 PM · View previous versions



Aug 12, 2025 at 06:27 PM
Douglas L
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p.1 #15 · 133-year old Kodak might have to cease operations


grantgoodes wrote:
Not to mention Hudson's Bay (not high-tech of course) which dates back to 1670 and went under this year. And Blackberry is still around, even if the ground-breaking original device is a distant memory..


Part of Motorola is still around (as Motorola Solutions, with US$14 billion in revenue in 2024) but Motorola name is in distant memory in most minds.



Aug 12, 2025 at 06:28 PM
jaybr
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p.1 #16 · 133-year old Kodak might have to cease operations


Yet another Iconic company goes down through incompetent leadership and management.
A very sad and unnecessary outcome.

J



Aug 12, 2025 at 11:23 PM
fotografur
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p.1 #17 · 133-year old Kodak might have to cease operations


Update: Kodak says it has no plans to cease operations

https://www.dpreview.com/news/1955564318/kodak-warns-of-substantial-doubt-over-its-future



Aug 15, 2025 at 07:54 AM







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