Kodak Bankruptcy Lessons for Photographers The 2012 bankruptcy of Eastman Kodak Company sent shockwaves through the photography industry, marking a turning point in the company's 131 year history.
The events leading up to this downfall offer valuable lessons for photographers struggling to adapt to the rapidly changing landscape.
Understanding the Kodak Bankruptcy: Causes and Consequences Kodak's financial difficulties began surfacing in the early 2000s as the market shifted from film to digital photography.