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It's official, Kodak is selling its film business.
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So film is part of the personalized imaging business which is up for sale. Not too surprised there. Hope one of you here can buy it
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I have long thought after the demise of Kodachrome then the other little bits and pieces, their B&W paper etc, some of the B&W films that Kodak didn't have their heart and mind in the business. Perhaps, like Ilford in the 90's they will be bought out and someone will have a think about what is making money and bring some of the other 'specialist' items back onto the market. HIE Infra red and Technical Pan would be a good start! Oh boy wouldn't just be great?
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Well, thank God for Ilford, Fuji, Adox, Foma, Shantou ERA, Efke and whoever makes the Arista and Rollei films...
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Can't really say I will miss them.
Hopefully someone does buy then film division then I can actually spend money with them.
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Maybe this is more appropriate now...
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This news IMO is neither good nor bad. The good news will be when somebody buys the film business.
The fact that they are selling doesn't mean there is a buyer out there. They are selling the patents as well, with the known difficulties.
Maybe if they managed to sold the patents for $2B they wouldn't be selling these others divisions now.
This sale could be the result of failing to find a buyer for the patents, for the expected money.
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Someone give Mr. Branson a call, maybe he'll get us all shooting film in space? Right after he's taken us to the moon to pick up the Hasselblads.
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