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Video: How Kodak became yet another victim of the juggernaut of changing technology

Video: How Kodak became yet another victim of the juggernaut of changing technology

The Eastman Kodak Company, better known as Kodak, was co-founded by George Eastman and Henry A. Strong way back in 1888. In the more than 130 years since, the company has been through a lot. It once was a dominant force in the photography industry, at times being almost as synonymous with photography as the Apple iPod once was with respect to music. For all but the youngest in society, we have all heard the phrase, ‘Kodak moment.’ However, with the advent of digital photography, Kodak began to lose its place at the forefront of photography. Interestingly, Kodak itself patented the first handheld digital camera in 1978, eventually shelving the product in order to better preserve its film business. With the benefit of hindsight, we can see that Kodak created its own demise a few decades in advance. Believing in the long-term viability of a predominantly analog photography industry, […]

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