kodak is officially filing for bankruptcy →

adamkremer:

jacobmooty:

dalerothenberg:

okay, everyone can panic now.

Welp, it’s been fun folks.

At this stage isn’t bankruptcy protection a smart business move by Kodak?

I don’t think Kodak film is going to disappear for quite some time.

NY Times DealBook article says:

Citigroup is providing Kodak with $950 million in financing to allow the company to keep going. Kodak plans to continue operating normally during bankruptcy.”

Exactly. Kodak isn’t going away any time soon. This is just a step to give them more time to figure their shit out.