Bad news...but it was not the digital revolution -although Kodak made the wrong decisions there- it was most likely stupid management that caused all this. Digi came up....but then downsizing a top heavy management layer is well nigh impossible. It is the blight of our world today. A pity Kodak is not a bank as in that case the tax payer would have been forced to pay for its shaky survival. Let's buy our film and chemicals and paper from companies that know the present-day market and are interested in their products and in their customers.