Quote Originally Posted by Aristophanes View Post
All these anecdotes befuddle the data. The hard financials for Kodak (and what I've been reading for Fuji) point to multi-year losses for film as the race to deflate the overhead was easily outrun by the loss of consumer and lately motion picture revenues. The pension and medical liabilities are still hangovers from the film era for Kodak and mean that the preponderance of red ink stems from over a 90% drop in photo film sales. Kodak is bankrupt because people stopped buying film en masse. Every other factor is trivial.
Writing pure conjecture and falsehoods over and over again doesn't make them right. The hardship at Kodak has been observed for a long time and has been discussed endlessly here on APUG, and the facts provided by insiders contradict your assertions. Yes, the downfall of popular film use certainly didn't help them but the biggest decline happened many years ago. Their digital blunders certainly didn't help either.

Kodak appears to me like someone who uses a truck to carry computers from the times when computers filled a room. The truck wasn't bad but hardly anybody needs a truck for that anymore. The truck was repurposed for all kind of other tasks but never handled them well, and you can't just make a truck smaller.

The Ilford truck got tossed out many years ago and was replaced with a slick computer bag, which does well. We'll see what will happen to the Kodak truck in the next few months.
Quote Originally Posted by Aristophanes View Post
Last year the motion picture camera makers stopped making new cameras. The rental houses are only using new old stock. This turns the entire film-based cinema market from an industrial operation to a salvage operation. They may have less than 10 years of depreciation left on those cameras as spare parts are also going to become scarce and uneconomical.
The decline of movie film use has already been covered here, and while this certainly hurts Kodak and Fuji (and therefore maybe color film in general) a lot, it won't harm the other players.
Quote Originally Posted by Aristophanes View Post
Every analyst who has looked at Kodak financials sees film as a non-performing asset with a rapidly declining user base and the abandonment if supporting industry third parties--the makers of cameras and the evisceration of local stores that sell and process film.
Who cares? Say good bye to the old Kodak already and hope they get reborn as a small and flexible company which makes color film. It might well be that the Lomo crowd will help resurrect color film, like them or not.