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Kodak Facts

Multinational imaging and photographic equipment, materials and services company

  • Kodak's actual name is Eastman Kodak Company.
  • It was founded in 1889 by George Eastman.
  • On September 4, 1888, Eastman registered the trademark Kodak.
  • In 1891, George Eastman began to produce a second line of cameras, the Ordinary range.
  • In 1897, the first folding pocket Kodak camera was introduced.
  • In 1976, the company had a 90% market share in photographic films.
  • Beginning in the late 1990s, Kodak struggled financially as a result of the decline in sales of photographic film.
  • In the 1990s, Kodak planned a decade-long journey to move to digital technology.
  • The company last made its profits in 2007.
  • In December 2010, Standard & Poor's removed Kodak from its S&P 500 index.
  • On January 19, 2012, Kodak filed for Chapter 11 bankruptcy protection and obtained a $950 million, 18-month credit facility from Citigroup to enable it to continue trading.
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