Kodak and its US subsidiaries have just filled Chapter 11 bankruptcy protection in US courts. The once iconic photography giant, famous for its films that captured many memorable moments, and is said to have invented the world’s first digital camera, was too slow to adapt to the digital world and ultimately ended up in the Kodak Moment that nobody wants to see.

The bankruptcy filling does not mean the end of the company. What it mainly does is to shield the company from creditors while it reorganize its finance to become profitable. The Chapter 11 filling rumor has circulated for a while. It comes with no surprise.

The following video is a documentary of Kodak’s Kodachrome film and the last lab in the world processed the film. Kodachrome processing at the mentioned facility, Dwayne’s Photo, was ended back in 2010.

[via USAToday]

Posted in: News on January 19th, 2012. Trackback URI

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