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Kodak Announces Chapter 11 Bankruptcy

 

After a rough battle for nearly the past decade with declining marketshare, Eastman Kodak has today filed in the US for chapter 11 bankruptcy. Founded back in 1892, Kodak is one of those companies that really needs no introduction, it’s such a household name. Among many products and services, Kodak has been perhaps the most successful manufacturer of photographic films, with such popular lines as  Ektar, Portra, T-max, and Kodachrome (which even got a song). Their films were so popular that to this day particularly sentimental moments are still called “Kodak moments.”

Also of particular note, both to our current field and to Kodak’s own filing, in 1975 Kodak’s research labs created the first digital camera, with a 100x100pixel sensor, and in the 1990′s Kodak produced the first commercially available digital camera bodies by retrofitting existing Nikon and Canon ones. The modern photographic landscape owes so much to work from Kodak that it’s hard to even comprehend. Even the Bayer filter, the common means of interweaving red, greed, and blue pixels on a sensor to create accurate colors, is due to Kodak.

Those interested can read the surprisingly hopeful press release after the jump, for further details on how this will affect Kodak’s operations.

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Roberts Now Carries Kodak Pocket Camcorder

See this bit of sexiness right here? That’s the Kodak Zi8 (go ahead, click it and see it larger). To not dance delicately around the issue, it’s Kodak’s answer to the wildly popular Flip video camera. It’s got one-touch recording, full 1080p HD capture, a 2.5″ screen, flip-out USB plug, streamlined uploading to YouTube, you name it.

It’s also got 4x digital zoom, takes 5mp 16:9 still images, and records to SD/SDHC cards. And, in macro mode it has a minimum focusing distance of about 6″.

And, for right now, you can pick one up in a special Roberts kit with the wireless remote control and a free Tamrac ouch for, oh, $129.97. That’s 50 bucks less than Kodak’s MSRP for the camera by itself!

Seriously, this is a huge deal. If you need a quick, easy way to record videos for Facebook and YouTube, well, you’re looking at it. But, the kits are really, really limited, so, uh, act fast?




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