It's wrong to characterise Kodak's problem as being 'dragged down' by their reliance on film. As I understand it, Kodak - probably better than most - recognised the imminent end of the film market and sought to adapt themselves to survive by downsizing their film operation rapidly and in a reasonably orderly manner which is why they can still make a small operating profit from it. Their problem is that they haven't been able to transfer their commanding position in analogue imaging - which has evaporated along with the mass-market for film - into the digital market. For all the doomsaying, I suspect there will always be a small, specialised but potentially profitable market for film products, and in some form or other, Kodak's film division may well be part of it.