Another sign of the times?
The Eastman Kodak Co. announced yesterday that it would discontinue production of its black-and-white printing paper.
The company, which posted in April a first-quarter loss of $142 million, joins a laundry list of other photographic companies whose traditional, film-based technologies have taken a financial hit from the digital revolution; both Britain's Ilford and the German-based AgfaPhoto GmbH have filed for bankruptcy within the last year, the former rebounding slightly after a management-led buyout.
16 June 2005 by G.J. McCarthy
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