Kodak to sell the film business
Kodak, the company that defines the Film camera days of our own country, has decided to let go of its Film business in order to save the brand from plummeting into bankruptcy . Kodak had already announced the sale of their patent portfolio, online gallery, commercial scanning, photo kiosk and theme park businesses. The company will now keep focus on the upcoming Printer business, and that to if it picks up. The company needs $660 million to revive itself and pay back the creditors by next year.