Kodak is dead: Hipsters everywhere weep
One thing that inevitably happens as we transition from medium to medium is people cling to their old media. In the case of old people, it’s perfectly understandable; they fear change and don’t understand new technologies. People in their twenties, on the other hand, just want to be sanctimonious and annoying. Seriously, if you don’t have ear hair and you’re insisting on vinyl at a party, everyone wants to punch you. Buy your music off of iTunes like everyone else.
And now, of course, we come to the death of film, and the biggest name in film going down the tubes.
Kodak has been teetering on the brink of bankruptcy for a while: they never really had a good response to digital photography being cheaper, easier to use, and instantaneous, despite the fact that they, uh, invented it. No, really. In fact, that’s pretty much been their business model for the last few years, going around and yelling at various companies about how they invented digital photography and should be paid for their patents.
So how is this going to affect you? Well, honestly, it probably won’t, unless you live in Rochester, NY. Kodak hasn’t really been a consumer force for a while: even your mom has probably gotten all those embarrassing Halloween photos scanned as negatives onto a hard drive. Mostly it’s just hipsters who can’t actually shoot photos for crap agonizing over what they’ll blame their terrible composition and focus on. So at least somebody outside of Rochester will care.
Kodak Files for Bankruptcy [Bloomberg]

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