Kodak files for bankruptcy

Another interesting peace of news is the fact that Kodak files for bankruptcy.

In the next article http://photorumors.com/2012/01/19/kodak-files-for-bankruptcy/ it is said :

ROCHESTER, N.Y., January 19 — Eastman Kodak Company (“Kodak” or the “Company”) announced today that it and its U.S. subsidiaries filed voluntary petitions for chapter 11 business reorganization in the U.S. Bankruptcy Court for the Southern District of New York.

…..

The Company has made pioneering investments in digital and materials deposition technologies in recent years, generating approximately 75% of its revenue from digital businesses in 2011.

Looks like those that cannot adapt their business to the new century are starting to fall.
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