Kodak is really closing out its era as a photographic monolith, opting to sell off its film business entirely. As the Wall Street Journal reports, Kodak will not only sell its print film production, but also its digital imaging kiosks, and the printers and scanners that go with them.
Following its bankruptcy claim, Kodak had initially hoped to pay back the banks it owed by selling off part of its patent portfolio. But amid delays, Kodak realised it wasn't going to make enough to cover the costs. The company hopes that by selling off its personal imaging division and moving towards becoming a printer business, it can regain some of its mojo. Consider us a little sad, a little nostalgic, and very much pessimistic that printers can save anyone in 2012. [WSJ]
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