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Kodak exited bankruptcy (Topic)

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Kodak exited bankruptcy

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Kodak has successfully emerged from bankruptcy, and its movie business is once again profitable. This is reported by Variety, citing official information.

“Moving forward, I am confident that our company has not lost its value for the movie and television industry, which we have served with honor for so long. We would like to thank our customers and partners for supporting Kodak during this period, ”commented Andrew Evenski, President of Entertainment & Commercial Film.

Note that, despite the gradual abandonment of movie by moviemakers, the company still has a number of contracts with major Hollywood studios. In particular, the agreement with 20th Century Fox will be valid until 2015.

The Topic of Article: Kodak exited bankruptcy.
Author: Jake Pinkman


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