Quote Originally Posted by Pioneer View Post
I find this little segment from the Kodak website very interesting -

"...Film, Photofinishing and Entertainment Group third-quarter sales were $389 million, a 10% decline from the year-ago quarter, driven by continuing industry-related volume declines. Third-quarter earnings from operations for the segment were $15 million, compared with earnings of $28 million in the year-ago period. This decrease in earnings was primarily driven by significantly increased raw material costs, particularly silver, and industry-related declines in volumes, largely offset by cost reductions and price actions across the segment..."

Contrary to what a lot of people are saying, it does not seem that Kodak is making a whole lot of extra money of their film production.

Ah well, at least Ilford is still keeping their heads above water.
Yes, I always thought that Kodak's profits from film were vastly overstated here. Especially when you remove motion picture film from the equation. It just doesnt appear that Kodak has downsized their operation enough to be able to do film profitably without a heavy subsidy from MP film. Since MP film is clearly still in decline, that is a big problem.