Kodak to Sell Off Film and Photo Paper Business (Update) | PDNPulse

Eastman Kodak plans to sell off  its film and photographic paper businesses in an effort to emerge from bankruptcy, the Wall Street Journal reports. In an announcement on Thursday, Kodak chief executive officer Antonio Perez said the company is seeking bu

via PDNPulse: http://pdnpulse.com/2012/08/kodak-to-sell-off-film-and-photo-paper-business.html

In the professional film market, Kodak’s U.S. professional film revenues rose 20 percent in 2011. However, as demand for consumer and motion picture film continued to decline worldwide, the company faced challenges taking advantage of economies of scale