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tommy Eternal Order Devil's Island 16544 Posts |
http://www.bbc.co.uk/news/business-16625725
If it wasn't for Kodak I woulkdn't have box full of memeories today. Good luck to them.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
diehards2080 Loyal user Brooklyn, New York 256 Posts |
That sucks. Seems like a lot of places are claiming chapter 11. Hostess the famous makers of Twinkies filed a wk ago after getting out of chapter 11 two years ago.
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critter Inner circle Spokane, WA 2653 Posts |
What the bread, Fred?! First they take my books (Borders), and now my effing HoHos?!
Bite me, Recession!
"The fool is one who doesn't know what you have just found out."
~Will Rogers |
Michael Baker Eternal Order Near a river in the Midwest 11172 Posts |
I was at Wal Mart today and happened to be looking at the Hostess stuff. Didn't buy any, but did notice that they were priced quite high with lower priced competitors on the same shelf including, Little Debbie, Freshley's, and Wal Mart's store brand. Coco Chanel said, "In order to be irreplaceable, one must always be different."
Seems to apply here, and perhaps a little to Kodak, although it's no doubt their biggest problem was caused by the relative obsolescence of photographic film. I remember when you could easily buy Kodak movie film, too. I believe they did try to jump on the digital photography bandwagon, but I fear it's too little, too late. That's a shame because there is a quality to film over pixels that is not unlike the difference in sound between vinyl and digital music.
~michael baker
The Magic Company |
JRob Veteran user Central South Carolina 395 Posts |
Ummm, bankruptcy does not equal going out of business. Hell, Delta airlines has been in bankruptcy at least 3 times in my life. They may well go under but it is not a given.
"Jim Roberts, AKA: Professor Jay Rob "<br>
The Professor's Facebook Page |
critter Inner circle Spokane, WA 2653 Posts |
Quote:
On 2012-01-19 19:14, Michael Baker wrote: But little Debbie's choco-logs, or whatever they're called, don't taste as good as real HoHos. Tried them once and they tasted like candles. Awful little pseudo-chocolate candles.
"The fool is one who doesn't know what you have just found out."
~Will Rogers |
Michael Baker Eternal Order Near a river in the Midwest 11172 Posts |
Quote:
On 2012-01-19 20:38, critter wrote: That's a given, and true with most cheaper versions of anything... not as good as the real deal. But, it doesn't change the fact that their (the original) market share dwindles as a result. The original had to be good in order to even earn a place in the market. Knock-offs simply feed off the idea that customers have that they are getting something for less. Same is true for the magic industry, right?
~michael baker
The Magic Company |
critter Inner circle Spokane, WA 2653 Posts |
That's true. But still sad.
I think that Little Debbie's grew as a result of Larry the Cable Guy. I bet he buys 90% of their stock. That guy eats a lot of Little Debbie's. Interesting he's got his own brand of box dinners now. But he loves those Little Debbie's. I don't really eat any of that stuff any more. When I did there was no substitute for real HoHos. Except maybe the caramel swirl HoHos. I liked those little pecan pies too. And Moon Pies. Little Debbie's fake moon pies weren't as good as the real thing either.
"The fool is one who doesn't know what you have just found out."
~Will Rogers |
motown Inner circle Atlanta by way of Detroit 6127 Posts |
And all because they decided to leave digital to the Japanese. And the rest is history.
"If you ever write anything about me after I'm gone, I will come back and haunt you."
– Karl Germain |
critter Inner circle Spokane, WA 2653 Posts |
Of course, even Polaroid is still around.
"The fool is one who doesn't know what you have just found out."
~Will Rogers |
Josh Chaikin Inner circle Kansas City 1430 Posts |
Quote:
On 2012-01-19 20:34, JRob wrote: "The company will also seek to continue selling a portfolio of 1,100 digital imaging patents to raise cash for its loss-making operations." "As a last-ditch effort to raise cash, Kodak announced last July that it had hired Lazard to sell its digital imaging patents." No, but if they're selling off patents, and digital imaging patents at that, they can't stay in much longer. Kodak was one of the first companies to get on the digital imaging bandwagon, but they didn't really try go innovate with it like Canon, Nikon and even Sony did. Unless they can pull a trump card real quickly, or produce something incredibly groundbreaking, like Lytro did in the last year, I don't see how they can survive. |
tommy Eternal Order Devil's Island 16544 Posts |
I was given a Kodak camera as a birthday gift when was eight. It was the first adult thing I had ever been given. It was real, rather than a toy, if you know what I mean. It was a well made beautiful little machine. It was also made in the USA, which made it speacial as America had Elvis etc.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
critter Inner circle Spokane, WA 2653 Posts |
One of my first cameras was a hand-me-down Kodak Insta-Matic.
"The fool is one who doesn't know what you have just found out."
~Will Rogers |
acesover Special user I believe I have 821 Posts |
Unfortunately another one seems to Bite the Dust. Kodak has been lack lustre for quite a while now. They left Fugi Film take a big percentage of the market when film photography was stil the only deal in town. That was many years ago. However I believe digital photography put the last nail in the coffin.
Their printers are OK but nothing to write home about. Not exactly sure what patents they are trying to sell but if it is related to film photography be it film or paper it is not going to generate much revenue. Again not sure what more they were involved in besides photography. Evolve or perish.
If I were to agree with you. Then we would both be wrong. As of Apr 5, 2015 10:26 pm I have 880 posts. Used to have over 1,000
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balducci Loyal user Canada 227 Posts |
Quote:
On 2012-01-19 21:37, Josh Chaikin wrote: As you note, they have had those digital imaging patents on the market for a while now. I guess they are something Kodak thinks it can manage without and feels that it is better off with cash in hand from their sale. But it still aspires to be a player in the digital world. http://www.businessweek.com/news/2012-01......ing.html "As Eastman Kodak Co. investors bet the 131-year-old photographic pioneer was headed for bankruptcy, the company decided Chapter 11 was the simplest way to become the leaner digital printing specialist it aspires to be. Bankruptcy allows sales of the photography divisions and patents Chief Executive Officer Antonio Perez wants to jettison to pay off legacy employee benefits and creditors, as he focuses Kodak on faster, flexible commercial and consumer digital printers and the company’s superior ink. Its trove of 11,000 patents could fund expansion by allowing the company to sue for more licensing fees -- a move it has pursued more aggressively in recent weeks."
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
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Woland Special user 680 Posts |
When George Eastman founded Kodak, cameras & film suitable for personal, occasional, non-totally-committed amateur use were simply nonexistent. He created the entire industry, the entire culture of home photographs, snapshots, and all that goes with it. His company was ahead of the curve, technologically, with respect to the recent shift from film to digital image collection, but Kodak failed to negotiate the cultural shift, and will disappear along with an outmoded technology, unless it reinvents itself and creates a new paradigm. Film photography will become an expensive, rarefied pursuit for artists and devotees.
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landmark Inner circle within a triangle 5194 Posts |
My first digital camera was a Kodak and it took excellent pictures even with its 2MP sensor. Great lens. It took better pictures than many of my future higher MP-ed cameras. The problem was the crappy software bundled with it, and clumsy docking station.
Click here to get Gerald Deutsch's Perverse Magic: The First Sixteen Years
All proceeds to Open Heart Magic charity. |
Woland Special user 680 Posts |
Yes, the problem, strangely enough, was a lack of vision . . .
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