- Joined
- Mar 4, 2011
- Messages
- 513
- Format
- 35mm
You are right. But not only the lack of demand is a problem. Cost is a problem. Kodak is too big for the market. Market is smaller than in the past, BUT THERE IS AND STILL WILL BE THE MARKET. I am 100% sure that kodachrome and ektachrome would be profitable, if costs were fitted into smaller company.
However, I think reversal film can be unsurpassed when it comes to color saturation. I don't know the scientific details, but a few years ago I bought a few rolls of Kodachrome after 20 years since using it last and took some shots of Coney Island and showed them to my wife on a light table, who was absolutely amazed at the color and realism. She has been exclusively digital since 2002 and displays on a 24" screen. I took that as high praise.
Kodachrome was in a league unto itself due to the complex uniqueness of processing and the cost. It required substantially more volume than it was selling to stay economically viable.
There is too much production capacity, too many companies, and too few customers. The market is something like 95% smaller now, and still shrinking. Sadly, there has been no consolidating force to draw the disparate elements of film production, processing, and camera production back together as they were when film was in its infancy as a mass consumer item with one supplier (Kodak). Mass production requires mass consumption, as George Eastman knew back in the day. Kodak was not only the dominant film manufacturer, it was the dominant manufacturer of cameras and for a very long time, processing and printing. It's my opinion that is where analog roll and cartridge has to go to survive. Only then can it achieve the lowest overhead and the most flexibility at reaching its market, allowing film to stay affordable enough for a semblance of the consumption necessary. Film doesn't scale too well as an industrially supplied product. A niche market cannot survive with too many suppliers. Wrong product for that approach.
Texas, you're lucky you don't shoot 8x10. Kodak E100G is gone in the US. Maybe there's a box or two overseas, but in the US it's gone. Some New Yorker went and nabbed all of it, hoarding it all up. I went down to my local store, Glazer's, and all of the boxes were gone, and they told me someone in New York city bought them, and was buying everything in the US. Sure, that New Yorker may have been one of those auction houses that goes through a lot of 8x10 chrome, but it still stank.
I bought the last two boxes of Kodak 8x10 100VS in Seattle, though. Eh, well, smoke 'em while ya got 'em!
Why discontinue color reversal film now, rather than earlier or latter?
I think I figured it out... methinks EK was about to manufacture a new batch, but could not pay their suppliers.
That's actually an insightful theory. The controller in Ch. 11 may not be allowing inventory accumulation, so if they over-produce and then inventory to slice and package for another day, all without a detailed knowledge of where demand will be, then the product sits on the liability side of the balance sheet. In Ch. 11, that's a no-no, and probably triggered the decision. It would explain the motion picture film continuance which can go out the door in higher volume not waiting for B&H and Adorama to place an order.
Good catch.
I don't think so, the controller's goal is to see all creditors get paid. Since the sell film and they have to make it first. If the theory is to not take any chances, they they would of pulled the plug and shut the electric off, amoung other things. This is more than just an accounting problem. JMHO
Having been a creditor in two bankruptcies I can assure you that the first people who get paid will be the bankruptcy lawyers.
Having been a creditor in two bankruptcies I can assure you that the first people who get paid will be the bankruptcy lawyers.
Actually, it is the bankruptcy trustees who get paid first - and they are most likely accountants.
Actually, I believe the government is first in line, if there are any taxes owing. Other priority classes stand in line behind the government.
All I know is that as a creditor I came pretty close to "last" in the real pecking order despite all the BS I kept getting in the mail about how my interest were being looked after.
Unsecured creditors have just about zero leverage.
DISCONTINUATION NOTICE
March 1, 2012
Due to a steady decrease in sales and customer usage, combined with highly complex product formulation and manufacturing processes, Kodak is discontinuing three EKTACHROME (color reversal) Films:
KODAK PROFESSIONAL EKTACHROME E100G Film
KODAK PROFESSIONAL EKTACHROME E100VS Film
KODAK PROFESSIONAL ELITE Chrome Extra Color 100 Film
We estimate that, based on current sales pace, supplies of these films are expected to be available in the market for the next six to nine months; however, inventories may run out before then, depending on demand.
This does not affect KODAK PROFESSIONAL Color Negative Films or KODAK PROFESSIONAL Black and White Films which remain a viable part of the KODAK PROFESSIONAL Film portfolio.
Please note: E-6 Chemicals will also continue to be available.
Good to hear about the E-6 chems... at least.
Why do we need yet another thread on this?
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