[Konvas] It's been quiet, so here's a 'Kodak moment'

[Andrew Overtoom]

According to the AP, the film, photofinishing and entertainment  
division "more than doubled it's operating profit to $39 million from  
$17 million despite a 27% drop in sales to $652 million." The same  
article also states "Consumer digital was a disaster area...".  Sales  
of the consumer digital unit were $958 million but suffered a $40  
million operating loss.  Go figure.

Sent from my iPhone

On Jan 29, 2009, at 2:46 PM, t byrne <vonat8 at verizon.net> wrote:

>
> Adam,
>
> According to their year-end report, overall sales revenue for 2008  
> was down 9%.  The biggest single hit was in continuing decline in  
> film stocks for still cameras and in consumer photofinishing,  
> although digital printer sales were down too.  What I heard from  
> Kodak's sales reps a couple of months ago was that motion picture  
> stock sales are strong (actually up in 3rd quarter 2008 compared to  
> the last several years).  Hollywood appears not to be going digital  
> in its capture preferences--if you read American Cinematographer and  
> track the use of non-film media in feature production (as I  
> sometimes do when I'm really bored) that seems to be the case.  What  
> readers of company reports may miss is the fact that all  
> photographic stock sales are reported in one lump--both still-camera  
> and "entertainment imaging" divisions.
> Kodak is in better shape than Sony!
>
> Terry Byrne
>
>
> Adam Frey wrote:
>
>> Hey all,
>> We're still pretty exhausted here, but I thought I'd send this info  
>> in for discussion.
>>
>> It looks like Kodak, like many others around the globe, is cutting  
>> jobs again. It looks they'll be cutting 4500 jobs total. Weirdly  
>> though, this looks to be completely related to the digital parts of  
>> Kodak:
>>
>> http://www.reuters.com/article/newsOne/idUSTRE50S3FP20090129
>>
>> Since I didn't read anything about the motion picture side of  
>> Kodak, does anyone have information on how that side is currently  
>> doing? While I'm at it, has anyone read any news about the other  
>> film manufacturing companies (fujifilm, ilford, etc.)?
>>
>>
>> Cheers,
>>
>> Adam Frey
>> Director/Cinematographer
>> Crimson Chain Productions
>> http://crimsonchain.com
>>
>>
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>>
>
>
> _______________________________________________
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> Cameras
>
> Be sure to Check out the online Forums:
> http://konvas.org/forum/index.php
>
> Visit the discussion archives:
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>
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