Emphasis added.Here you go. 2% net income. Let's hope they keep film going.
Kodak reports full-year 2021 financial results
Kodak reported financial results for the full year 2021, including consolidated revenues of $1.150 billion and continued growth in key product areas such…www.kodak.com
Kodak reports full-year 2021 financial results
ROCHESTER, N.Y.
March 15, 2022
Eastman Kodak Company (NYSE: KODK) today reported financial results for the full year 2021, including consolidated revenues of $1.150 billion and continued growth in key product areas such as SONORA Process Free Plates and PROSPER annuities.
Full-year 2021 highlights include:
“Kodak continued to navigate through an unusually challenging business environment in 2021 and delivered revenue growth in all our segments for the first time in years,” said Jim Continenza, Kodak’s Executive Chairman and CEO. “We also saw increases in customer satisfaction and market share in our key print business, achievements which reflect the success of our ongoing strategy: focus on our core businesses in commercial print and advanced materials and chemicals, invest in product innovation and put our customers at the center of everything we do.”
- Consolidated revenues of $1.150 billion, compared with $1.029 billion for the full year 2020
- GAAP net income of $24 million, compared with a net loss of $541 million for 2020
- Operational EBITDA of $11 million, compared with negative $1 million for 2020
- A year-end cash balance of $362 million, compared with $196 million at the end of 2020
The interest in film has now gotten large enough for Pentax to bring out a new camera.
I guess getting young people hooked on film is going to be crucial for the film photography industry for years to come. Using my son as an example of a typical Gen Z photographer, I can tell you that he loves the experience of using film and the quality it ultimately is capable of, but dislikes the cumbersome digitization process and the high cost associated with it.
Out of curiosity, I put together a very primitive film digitization setup using my phone, a couple of books, a piece of card stock, a bubble lever, and a 4x5 LED light table. Assuming one already owns a smartphone, the total cost was about $30-40. I used the free app Gimp to crop and invert - no further processing was needed. Color would likely require a paid app, such as Vuescan or Negative Lab Pro.
The question is, of course, whether this is good enough for new film users. What other cheap film digitization options are there?
Lomography sells various scanning accessories, including one like the phone holder you made (supply one's own light source I think), a film strip holder, film holder plus light source, etc. https://shop.lomography.com/us/film/scanning Clearly, since Lomo sells film and film cameras, it's in their interest to make scanning available and easy. It's not necessarily the highest fidelity, but I think accessibility is more important to new users than finest pixel count, and I think the film strip holder is generally well regarded.
I guess getting young people hooked on film is going to be crucial for the film photography industry for years to come. Using my son as an example of a typical Gen Z photographer, I can tell you that he loves the experience of using film and the quality it ultimately is capable of, but dislikes the cumbersome digitization process and the high cost associated with it.
Out of curiosity, I put together a very primitive film digitization setup using my phone, a couple of books, a piece of card stock, a bubble lever, and a 4x5 LED light table. Assuming one already owns a smartphone, the total cost was about $30-40. I used the free app Gimp to crop and invert - no further processing was needed. Color would likely require a paid app, such as Vuescan or Negative Lab Pro.
The question is, of course, whether this is good enough for new film users. What other cheap film digitization options are there?
I guess getting young people hooked on film is going to be crucial for the film photography industry for years to come. Using my son as an example of a typical Gen Z photographer, I can tell you that he loves the experience of using film and the quality it ultimately is capable of, but dislikes the cumbersome digitization process and the high cost associated with it.
Out of curiosity, I put together a very primitive film digitization setup using my phone, a couple of books, a piece of card stock, a bubble lever, and a 4x5 LED light table. Assuming one already owns a smartphone, the total cost was about $30-40. I used the free app Gimp to crop and invert - no further processing was needed. Color would likely require a paid app, such as Vuescan or Negative Lab Pro.
The question is, of course, whether this is good enough for new film users. What other cheap film digitization options are there?
Yes, it's a great option. However, the younger photographers aren't the most patient of artists, especially coming from digital where instant results are assured.If a new film photographer sends their film out, why not get the 4x6" prints at the same time like the old days and make photo albums?
If he shoots smaller formats, there are cheap scanners available.
Photo Scanners, Film Scanners & 35mm Film Scanner | B&H
See B&H's vast selection of Photo Scanners from top brands like Pacific Image, Wolverine Data, Kodak and Braun. Explore our unbeatable selection.www.bhphotovideo.com
Yes, it's a great option. However, the younger photographers aren't the most patient of artists, especially coming from digital where instant results are assured.
I am becoming a believer in these cheap methods, esp. those involving a smartphone. Here's my test image, digitized with my mid-tier Android phone, straight out of Gimp, simply cropped and inverted from my phone image. Is it going to be good enough for most people? I don't know, but it is good enough for me, provided I was only interested in sharing online. I am sure people with good digital chops could improve it further in Gimp, maybe even enough to make an inkjet print.
View attachment 324824
Yes, it's a great option. However, the younger photographers aren't the most patient of artists, especially coming from digital where instant results are assured.
I am becoming a believer in these cheap methods, esp. those involving a smartphone. Here's my test image, digitized with my mid-tier Android phone, straight out of Gimp, simply cropped and inverted from my phone image. Is it going to be good enough for most people? I don't know, but it is good enough for me, provided I was only interested in sharing online. I am sure people with good digital chops could improve it further in Gimp, maybe even enough to make an inkjet print.
View attachment 324824
To ask this question on a mainly analogue film website, is like asking butchers if eating meat is good for you.
Hard disagree, because we are the few....we do not represent the wider population.....the wider population felt that film was wholly irrelevant 10 years ago. The majority even assumed film was no longer manufactured. Kids had no idea what film even was.
For the last 7 years film manufacturers have struggled or even failed to keep up with the unexpected and sustained increase in demand. Younger adults and kids are starting to want to shoot film. Old farts like us are no longer assumed to be insane for being out and about with vintage gear.
I think the question of whether there is an upswing and where it might go is important.
Sometimes I really wonder if people are deliberately trying to buy the most expensive film to make a point?
get it developed and scanned in the same shop for £5
But this relies on either a big lab still willing to run a very marginal profit, or a small shop willing to essentially for free. How sustainable is that? More realistic prices I hear these days are around €10 for develop + scan from a small retail outlet sending their stuff off to a major lab or about €15 for develop + scan from a local lab that runs their own (old & refurbished) minilab and salvaged Frontier scanner. The latter is also a marginal existence by all accounts. This puts your film incl. process + scan at €20-€25, with substantially higher price points for entrepreneurs who try to run a more sustainable business.
….that's kept running by people close to retirement age…
Unfortunately, this is the case in many areas of our interests.
Unfortunately, this is the case in many areas of our interests. Finding someone to work on our aging cameras is tough. In the audio realm, tube-based equipment is a relic. In the automotive world, to find someone who can rebuild and synch a pair of carburetors requires visiting a retirement community. Eventually we’ll be attempting do our own repairs and making our own parts of just chucking the stuff out and taking up a different pastime.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?