17 Facts About Kodak

1. On March 1, 2012, Kodak announced that it sold Kodak Gallery to Shutterfly for $23.8 million.

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2. In the early 1980s, Kodak Engineers invented the world's first digital camera.

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3. On January 19, 2012, Kodak chose to enter Chapter 11 bankruptcy and its formerly blue-chip stock was delisted from the New York Stock Exchange.

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4. From the late 1800s to the 1980s, Kodak dominated the consumer photography market—an innovative and admirable icon of American industry.

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5. With The Wall Street Journal reporting that Kodak is preparing a Chapter 11 bankruptcy protection filing, the only thing that can save the 131-year-old company is a billion dollar sale of its 1,000-plus digital photography patents.

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6. In 1988, Kodak bought Sterling Drug for $5.1B, deciding that it was really a chemical business, with a part of that business being a photography company.

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7. In 2005 Kodak announced it would stop producing black-and-white photo paper.

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8. In July 2006, Kodak announced that Flextronics would manufacture and help design its digital cameras.

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9. In 1990, Kodak launched a Worldwide Student Program working with university faculty throughout the world to help nurture the future generation of film-makers.

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10. In February 2007, Kodak re-entered the market with a new product line of All-In-One inkjet printers that employ several technologies marketed as Kodacolor Technology.

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11. On March 12, 2014, Kodak announced that Jeffrey J Clarke had been named as chief executive officer and a member of its board of directors.

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12. On September 3, 2013, Kodak announced that it emerged from bankruptcy as a technology company focused on imaging for business.

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13. In April 2013, Kodak showed its first Micro Four Thirds camera, to be manufactured by JK Imaging.

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14. In 2001 Kodak held the No 2 spot in US digital camera sales but it lost $60 on every camera sold, while there was a dispute between employees from its digital and film divisions.

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15. In the 1990s, Kodak planned a decade-long journey to move to digital technology.

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16. In May 1995, Kodak filed a petition with the US Commerce Department under section 301 of the Commerce Act arguing that its poor performance in the Japanese market was a direct result of unfair practices adopted by Fuji.

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17. In January 2012, Kodak filed for Chapter 11 bankruptcy protection in the United States District Court for the Southern District of New York.

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