True, as Fred points out, that bankruptcy can just be reorganization, but it
hardly seems reassuring about Kodak's prospects. True too that there are
other companies that make film, but you must admit that Kodak is and has
been a major player in the manufacture of film, and that feels very much
like an understatement!
I hope that going forward they can continue to see and stand behind the very
real things of value that they have, and not get lost in the absence of the
(digital) things they don't have...
On 9/30/11 10:55 PM, "40 Frames" <i...@40frames.org> wrote:
> True, other manufacturers make film... but nobody but Kodak makes 7363.
> ORWO may have something similar to 7302, but they have no HiCon stocks like
> On Fri, Sep 30, 2011 at 8:31 PM, sef208 <sef...@gmail.com> wrote:
>> The art form does not depend on one company. There are other companies that
>> make motion picture.film and perhaps they will fill in the market. Kodak's
>> products have been steadily getting worse anyway.
>> On Sep 30, 2011 6:27 PM, "Jason Halprin" <jihalp...@yahoo.com> wrote:
>>> Quoting: Fred Camper <f...@fredcamper.com>
>>>> The article implies that the bankruptcy that Kodak is considering wold
>>>> allow it to continue to operate. I don't think liquidiation is in the
>>>> cards anytime soon.
>>> I concure. I have heard through the rumormill that the Motion Picture
>> division of Kodak has continued to remain profitable. Since all of the
>> equipment used to manufacture the actual film is an "older" technology, it
>> wouldn't make much sense to liquidate it. The value would be little more
>> than the scrap value of its parts, so it would seem reasonable to keep it
>> operational, and therefore profitable. I wouldn't expect too much more R&D,
>> but as long as there is a Kodak company based in Rochester, I don't think
>> we'll see the disappearance of film. However, it also seems likely that when
>> the plug is pulled on film stock, and more importantly, the commercial
>> manufacture of processing chemistry, it will be sudden.
>>> Then again, there's some companies down the chain (post-houses that
>> specialize in film scans, for one) that rely on film as a continued capture
>> medium might step up at that point to purchase some of the manufacturing
>> facilities and silver-halide related patents. If they could purchase things
>> for pennies-on-the-dollar (as they might through a liquidation), they could
>> then run these units at a very low profit, or even a slight loss, if only to
>> keep the filmstock flowing as long as possible. I'm not holding my breathe
>> on this scenario, but my fingers are crossed. As I write this I'm realizing
>> just how difficult it would be to convince a lender to financially support a
>> plan to vertically integrate a post-house into a declining industrial field.
>>> -Jason Halprin
>>> FrameWorks mailing list
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