The recent announcement from Kodak about a new blockchain initiative and cryptocurrency raised many questions and some legit concerns. I am not an expert on cryptocurrency, but you can take a look at some quotes gathered online to see how weird the whole story behind the new Kodak cryptocurrency is:
KODAK and WENN Digital Partner to launch a new blockchain initiative and cryptocurrency: “The KODAKOne image rights management platform will create an encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform. KODAKCoin allows participating photographers to take part in a new […]
Despite the reported $46 million loss and recent layoffs, Kodak is still on track to bring back to life EKTACHROME film in 2018: “The process is coming along really well,” Kodak says. “We’ve been busy testing and making sure it meets all the expectations that exist in this passionate community.” Kodak is using “all new equipment” on […]
Eastman Kodak will lay off 425 workers company-wide after the company reported a net loss of $46 million on revenues of $379 million for their third quarter 2017 financial results:
→ Kodak is working to bring back the Ektachrome film to market in 2018.
→ One of the Panasonic LX10 listings at B&H is now discontinued, the other is back-ordered. → Think Tank Photo announced a new Airport TakeOff V2.0 bag. → The Kodak Ektra camera smartphone (price: $400) launches in the United States (press release).
→ New Leica price increase coming to the US on May 1st (see the full list here). → New rumors about the Pentax Q 09 telephoto macro lens.
Eastman Kodak Company today reported financial results for the fourth quarter and full year 2016, delivering net earnings of $16 million on revenues of $1.5 billion and continued growth in key product lines:
The Latest Nikon Rumors The Latest Leica Rumors