041778737552 Kodak selling off iconic film business to pay off debt

Kodok has been a household photography and film brand for years, but the once thriving firm is going to give up its film business in order to stay afloat.

Kodok has been a household photography and film brand for years, but the once thriving firm is going to give up its film business in order to stay afloat. 

In addition, the Wall Street Journal reported that Kodak is also trying to sell its digital imaging kiosks, heavy duty commercial scanners, and related software.

Earlier, Kodak was hoping that it would be able sell part of its patent portfolio to pay back creditors, but due to unforeseen circumstances they didn’t make enough money to pay the banks.  Despite declaring bankruptcy, Kodak is still optimistic that it can remain a household brand through the printer business.