thoughts on the announced Kodak film price increase?

[MattKing]

I've deleted a bunch of posts that are mostly people arguing about other people.

 

[MattKing]

Either that or you went to the Matt King school of everything is awesome.

I resemble that!
I also agree with you about the number of people whose financial situations are dire.

 

[Sal Santamaura]

This thread is on the edge of being locked.

As well it should be. In fact, it's the latest in a long line of "photography's too expensive and digital sucks" threads which, since they essentially consist of politics and religion while accomplishing nothing, ought be banned in regular categories and allowed only in the Soap Box.

...you should always approach Life with Hope...

While commuting 100 miles round trip for decades, I read every bumper sticker that came into view. There were many. My favorite one was:

"I Feel Much Better Since I Gave Up Hope"​

 

[pentaxuser]

Is there a KA website that is responsible for making such big announcements as price increases and if so can anyone provide a link to it? So far a Google search that I have just done out of curiosity gave me a number of references to the price increase but none to a KA site and all searches seem to lead to sites that all end up referring to the Kosmofoto announcement which is the one that started this thread

Thanks

pentaxuser

 

[mshchem]

Eastman Kodak had no involvement with the transaction. Eastman Kodak had nothing to do with that business since it was acquired by Kodak Alaris as part of the bankruptcy settlement.
That would most likely reflect the difference between the depreciated value of the Paper and chemicals business on Alaris' books, and the actual amount received from Sino Promise for those assets.

Look at the 2021 annual report, Alaris has 11 million that was received from Kodak. I'll go back and see if I can find it.

 

[mshchem]

Eastman Kodak had no involvement with the transaction. Eastman Kodak had nothing to do with that business since it was acquired by Kodak Alaris as part of the bankruptcy settlement.
That would most likely reflect the difference between the depreciated value of the Paper and chemicals business on Alaris' books, and the actual amount received from Sino Promise for those assets.

Matt, look at this, post 21 of the Alaris 2021 report.

 

[removed account4]

Its good to see they are finally making a profit!

 

[warden]

Is there a KA website that is responsible for making such big announcements as price increases and if so can anyone provide a link to it? So far a Google search that I have just done out of curiosity gave me a number of references to the price increase but none to a KA site and all searches seem to lead to sites that all end up referring to the Kosmofoto announcement which is the one that started this thread

Thanks

pentaxuser

I don’t have an answer for you or a link, but my guess is that it does not serve Kodak to announce price increases to the broader public. They probably just communicate the new prices to their wholesalers and retailers, then jiffyphoto websites with super-secret insider contacts publish the information.

 

[BrianShaw]

Its good to see they are finally making a profit!

Yes it is, but did I read correctly that FY21 profit was considerably less than FY20 profit… looking at the division that includes film.

 

[MattKing]

Matt, look at this, post 21 of the Alaris 2021 report.
View attachment 290201

Ah, I had missed that.
It must reflect either one of the conditions in the bankruptcy settlement.
IIRC, in return for the release of the super priority claim against the bankrupt estate and the transfer of the business assets that were rolled into the new Kodak Alaris entity, the pension plan trust owners of Kodak Alaris had to pay approximately $600 million to the bankruptcy trustee as part of the settlement. There must have been some contingencies that resulted in a repayment of some of that money.

 

[MattKing]

Is there a KA website that is responsible for making such big announcements as price increases and if so can anyone provide a link to it? So far a Google search that I have just done out of curiosity gave me a number of references to the price increase but none to a KA site and all searches seem to lead to sites that all end up referring to the Kosmofoto announcement which is the one that started this thread

Thanks

pentaxuser

There wouldn't be, because KA doesn't sell to the public.
Any such announcements would be found in the confidential communications between KA and the distributors who, in turn, sell to either retailers or other distributors.

 

[pentaxuser]

Thanks all. That would explain my fruitless search. So I wonder if KA has already announced the increase to its retailers and distributors does it come attached with a suggestion as to when such announcements should be released to the buying public or does KA not have a position on this at all. It was almost as if Kosmofoto from its language in its announcement was releasing info that was hush-hush. Its message seemed to be that " we should not be saying this right now but we think you deserve to know this early "

If EK decides to cease production of a film, is this solely an EK decision and its announces it on its own site or does this decision to cease production of a film have to be taken in conjunction with KA and if so who makes the announcement, EK or KA?

Thanks

pentaxuser

 

[markjwyatt]

A candy bar used to cost a nickel. Get over it.

A gallon of gas used to cost a silver quarter. Today a silver quarter costs about $5.50 (silver value), and a gallon of gas cost $3-4. Cost of things are not changing much. Value of paper/digital money is.

 

[DMJ]

Its good to see they are finally making a profit!

If one looks at the financial report (which I linked above), it seems that the only division where they make money is the film business due to price increases and demand. The rest of Kodak Alaris is actually losing money if I'm interpreting the report correctly.

 

[removed account4]

If one looks at the financial report (which I linked above), it seems that the only division where they make money is the film business due to price increases and demand. The rest of Kodak Alaris is actually losing money if I'm interpreting the report correctly.

if that's the case, they gotta fire the people in charge and hire perez back he was the only person who had a clue.
they can run ads again this time for their printers AND bitcoin on the Cartoon Network, ... all day long.

 

[MattKing]

if that's the case, they gotta fire the people in charge and hire perez back he was the only person who had a clue.
they can run ads again this time for their printers AND bitcoin on the Cartoon Network, ... all day long.

Wrong company John.

 

[MattKing]

If one looks at the financial report (which I linked above), it seems that the only division where they make money is the film business due to price increases and demand. The rest of Kodak Alaris is actually losing money if I'm interpreting the report correctly.

They are actually making money on sales in the Alaris (office scanners) division, but that division is the one with the potentially new and expanding market, so accounting is very different.

 

[MattKing]

Thanks all. That would explain my fruitless search. So I wonder if KA has already announced the increase to its retailers and distributors does it come attached with a suggestion as to when such announcements should be released to the buying public or does KA not have a position on this at all. It was almost as if Kosmofoto from its language in its announcement was releasing info that was hush-hush. Its message seemed to be that " we should not be saying this right now but we think you deserve to know this early "

If EK decides to cease production of a film, is this solely an EK decision and its announces it on its own site or does this decision to cease production of a film have to be taken in conjunction with KA and if so who makes the announcement, EK or KA?

Thanks

pentaxuser

KA has no direct contact with retailers.
And when you are talking about KA, you have to talk about the various international flavours of KA, because the US subsidiary will have different prices than the UK entity which will have different prices than the Canadian subsidiary which will have different prices than the Kodak Alaris in Argentina....
EK is the manufacturer. KA does all the marketing and distribution and has all the contact with the distributors, who have all the contacts with the retailers. They worked hand in hand for the re-introduction of Ektachrome (with KA being the motivator, because they saw the market need).
Any decision about new product or discontinuance of product would have to reflect both the needs and realities of the marketing and distribution people and the manufacturing people. But EK isn't going to make anything that KA can't sell.

 

[Ai Print]

Going back to the good ol’ days of when there was conversation about the actual figures on the price increases, is there a document, spreadsheet or some other source for the actual prices increases per item?

 

[AgX]

This thread is speculative. It should be put on hold until any actual increases show up in retail.

 

[removed account4]

Wrong company John.

Sounds like a duck and stamps out forest fires with its webbed feet, it's probably a duck.

SNIP

This thread is speculative.

EVERY thread like this is speculative, there are never any actual numbers, just people complaining with shaky information about how things were better in the good old days...

 

[NB23]

just people complaining with shaky information about how things were better in the good old days...

Weren’t they?

 

[removed account4]

Weren’t they?

no, the good old days are only good because human memory tends to romanticize about how wonderful things were.
there really have never been any good old days, they were just as bad as now or worse, just different bad mixed in with same bad..
and then there is strong bad.

 

[George Mann]

Weren’t they?

With Kodachrome and Pan-X, it was for me.

 

[MattKing]

Going back to the good ol’ days of when there was conversation about the actual figures on the price increases, is there a document, spreadsheet or some other source for the actual prices increases per item?

I've seen one memo on the internet. It is of uncertain origin. If it is valid, it is probably one distributor's memo to its customers. Alternatively, it might be a memo from Kodak Alaris or one of its subsidiaries to the distributors who buy from them, in the particular market that the memo relates to.
Who knows which geographic region it relates to, although it was in English.
It only refers to percentage changes.
So nothing close to actual retail prices.