I grew up in the era when Kodak was the Godzilla of films. So it's nice to learn that Kodak is back. Nowadays I buy Kodak batteries. So the company is into more than printing.
The company was founded 1892 and that complex( at lest the main tower) was built in 1912. It’s old yes but also very historic. Think of the R&D done in that building. That and as a WNY’er I can tell you that’s the entire city of Rochester and buffalo… The rustbelt baby
Why put carpets on the wall, no one going to try to walk on that part, unless they want to later put it on the floor, to recarpet with sane style when replacing floor carpet
my friend was an accounting auditor intern for xerox during the same time period. These obsolte companies didn't know what to do. Xerox in particular, tried 3D printing, without knowning what 3D pritning really was back in 2015-2017. Kodak just happened to land a great tenured CEO who has been in tech industry to change their direction.
I Agree. Both had IP assets but no vision. Engineers at Xerox PARC gave Woz their code for a mouse-based GUI because middle management couldn't envision why anyone would want to control a computer that way, rejecting the project. Kodak management, after decades of depicting lights at the ends of tunnels, would not recognize that the light was indeed a train - a train of digital image sensors and supporting processing software. Kodak was already into both but did not move until it was too late to prevent bankruptcy. Both examples tend to reinforce the psychology behind casual consumer choices, and that managers have a stake in maintaining the status quo rather than risking consumer acceptance of a new product or underlying technology.
Xerox had a huge innovation problem in the 2000ds it barely survived. I remember buying a Xerox color laser back in the day that had a finace model based on the widely known refill scam of Lexmark (less filled starting cartridges, new ones cost double than the printer initially). But it doubled down by a ridicolously bad raster print quality for color pictures.
@@genius1a We had a Xerox Phaser 790 which was great but dealing with Xerox was so painful. Never went back to brand again. Good product let down by a awful company to deal with.
As a boomer happy to hear Kodak's a using film come back! Loved those dark room days ... something so special about old primitive ways ... even vinyl LP records have made a come back. "Don't know what you got until it's gone", so true Joni Mitchell.
Vinyl is a small thing for those who love to spend 10 times or more for something I bought in the 70s. How do you justify a $40 vinyl record when I bought the same thing for $3.77. It never will recover to the point it had long ago with stored packed with thousands of albums. It was an exciting time but streaming and lousy artists killed it. Now, I think it is cool that people still use film to make movies. There is a difference, grain and color and even lenses. Many of the greatest movies were done on film. The movie I love, "Grand Prix," from around 1968 was made using film. The cars decked out with huge cameras is a sight to see, yet that movie still blows me away.
My grandfather worked there for 36 years. Kodak built several hundred homes in Rochester and sold them to employees. My grandfather paid $1100.00 for his. Raised a family in that home. All 3 boys worked at Kodak for over 35 years. One of the boys was my father. Just out of high school Kodak offered me a job. I never worked there. Im glad i didn't. The good days were long gone. My father bought a new car every 2 years. 6 weeks vacation each year.
I hope that Kodak's recent history never obscures stories like yours. Families were able to grow and prosper thanks to Eastman and Strong, who both cared deeply about their employees.
Even in their companies abroad like in the Philippines, employees were paid well with good benefits. It was one of the better managed companies in the Philippines. I was able to visit their office in Makati because of lost negatives but came out impressed on how they handled my case. I was given a tour of their printing facilities. This was in the 1980's.
Six weeks vacation every year?! Well, there is a good example of why the business couldn't make it. One eighth of the year he was gone with the company paying for it, along with all the other employee costs associated with the paying of their employees. How can a business survive with costs like that?
Their Harrow (UK) factory finally closed in 2016 after gradually being run down. The site is now being redeveloped into a housing estate called Eastman Village. The only remnant of the factory is the chimney.
I knew Jeff Clarke during his Kodak tenure....someone should make a movie about his almost single handedly saving the motion picture film plant when the board of directors told him to close it. Don't remember the year, but on one of the academy award shows, most of the major winners were shot on Kodak film, and though Mr. Clarke was invited to Hollywood for the ceremony, he chose to stay in Rochester, where he threw a party for the film department staff, and payed for it out of his own pocket....
North Americans once referred to the family camera as "The Kodak". Don't forget to bring "The Kodak" for the trip. Just as Kleenex became synonymous for a facial tissue and Aspirin was synonymous for a headache tablet.
How companies treat digital media vs physical media nowadays. It's more important right now for companies to create a platform for physical ownership rather than digital ownerships that are precious to you.
I am 51, from the original analogue times :D We learned at school how to devellop film and photos. I had no idea this was a thing again, even though I would never go back to analogue, it is fun to see the youngsters find appreciation for what was the norm in my younger years :D Next comeback: VHS :D
I think in a post truth society with stuff like Ai and deep fakes and filters and CGI, people will want the truth more then ever before and 20 years from now it will be completely impossible to tell the real from the fake with how powerful all those digital tools are becoming. So I predict a HUGE comeback of analog as it will be the only way to differentiate the rela from the fake.
Films add "soul" to the photos as they have a unique look that is very difficult to replicate with sharp digital photos. Listening to vinyl is a ritual on its own. While cassette tape and VHS, they add nothing and are just forgettable. Maybe except the nostalgia of that race car rewinding device. Nothing speaks "class", "quality" or "soulful". So no, don't come back, VHS.
I worked for Kodak as a Field Service Tech installing Film & Paper Processors , Fixed and maintained them back when One Hr Photolabs were still around. Back in the 2010 -2011 We started removing them in place of Kodak digital Kiosk printing on Dyesub paper... That was when I knew I was installing my way out of the Job... When Kodak Went into Bankruptcy they kept us around for a year with nothing to do... basically I sat a home and collected a paycheck until the bankruptcy went through...
Was in the photo finishing biz for 30 years. Digital imaging has never exceeded the silver halide process in detail, saturation, depth or image permanence. The biggest loss that came with digital was the shoe box of photos in the closet. A large element of our personal visual history is being eliminated by lost and submerged phones, crashed computers, deceased relatives unknown passwords and a host of other digital pitfalls. Sadly this current era in our personal lives will be photographically undocumented...
The vast majority of photos lost in this manner would never have even been taken, in days gone by. But an exponentially larger number of photos now exist, due to digital photography, and more specifically, phone cameras. All the more so, now that the standard phone modus operandi is automated cloud storage. If anything, images of significance are now being buried in the sheer avalanche of permanent storage, utilised by now very ordinary smartphones.
So basically Kodak used bankruptcy to get out of the obligation to pay employee retirement and then used patented tech they had developed to corner an new market.
They’re bankruptcy attorneys also got paid based on how much tax liabilities they could get them out of for their sprawling properties. I’ve read it was on the level of Enron
Many CEOs that milked their companies into bankruptcy.. giving themselves ridiculously massive bonuses and separation pays before collapsing their companies.. But not him 14:15 I have much respect for this guy, CEO, *Jeffrey J. Clarke* 3:43.. He left because he already saved Kodak. Bravo
Great quality videos on this channel. I like that you show your face from time to time so it doesn't feel like 99% of AI generated channels on yt. Well done my dude
When I first got into photography in high school, armed with a Minolta SRT-101, we called Eastman Kodak Company "Yellow Father." I'm glad to see Dad is back.
They aren't really back. Kodak no longer make film, printing paper, and chemicals. Those are made by the company owned by the pension plan. Kodak only makes movie film and some commercial film products.
Worked in wholesale photofinishing while working through school. Crazyass job unloading huge rolls of photopaper in a pitch black darkroom to load onto a paper processing machine. Up and down that corridor trying to keep up with the printers. Good to see Kodak thriving in another market. Digital is great, but still can't duplicate the 'warmth' of film.
They pissed away their copy product division, their medical products division and didn’t jump on the digital photography market. I know because I worked there from January 82 to April 91 as a Field Engineer. Just before my 10 anniversary when I’d be vested in the Retirement plan, they canned me with no explanation. To this day I’ve never purchased a Kodak product and never will.
I worked there from 1987 to 1992 as a young engineer straight Outta college working in digital imaging. I worked on a project with lots of others called photo CD... the whole purpose of that project was to put film captured images onto a CD and play them on your TV with a special photo CD player. They hope they could give film a few more years of life because they made so much money from film. Unfortunately it was a major flop. It was fun as a newbie working on such a high profile project with so many other engineers working together. Ultimately in that short time I was there it was clear the company was a sinking ship and a lot of people were taking early retirement and then came involuntary separation. And then a lot of people were in fear of their jobs. Not an exciting place to work as a new person excited about their future. I left my job and followed other interests.
This is one of the most amazing company reviews I've ever seen. Kodak has a warm spot in my heart from my childhood, I am so glad they were able to turn things around! Thank you for this!
I had a Kodak Brownie camera as a kid and it lit my love of photography that persists to this day. My parents took me to visit the Kodak campus in Rochester back in the 60’s on a vacation to upstate New York. They had a great museum there all about George Eastman and the history of Kodak. I imagine all of that is gone now.
Feel great to hear that Kodak is still around and kicking.used to use a lot of their films Kodakchrome Ektachrome and B&W films.Felt horrible when they declared bankruptcy. Now feel nice that they are still around.
Okay so it was pretty interesting, but now I'm left with the question of what Kodak will do going forward - Surely analog/film photography will not continue to make them too much money, and with stuff being digital is this printing technology really going to continue being viable as a revenue stream?
As somebody who grew up with film being synonymous with Kodak, I really enjoyed your documentary. It was all the more impressive given that you are so young. Well researched, well narrated, very entertaining and informative.
Another reason I wait for Friday. Nice video as always. Follow it up with Fujifilm which ventured into cosmetics after the digital camera revolution swept their cameras aside
I just heard Kodak film is reappearing on store shelves it's cool to see they're back and it's not some Chinese company selling bootleg products with their name.
What Kodak is selling these day? I can only assume they have plenty to offer for commercial customers and professionals, but nothing for home use market.
It was sad when Kodak folded. As a photographer I had used their stock for years - as well as Ilford and Fuji. All of them do different things - or do things differently. Thanks for the update.
They were not making enough money to fund a pension plan. There was only a short period when Kodak paid a dividend and that was a small amount. Innumerant Marxists like you have no idea what a small percentage of revenue that executive compensation is.
I was constantly told that my love and use of analog was an "old man" thing, a nostalgia thing. Just as the warmth of film shows from the developer w/ no editing, analog audio has a warmth to it that digital can't reproduce, especially with vinyl. Sending the player signal through a signal amplifier, then into a stereo system adds "noise" to the signal chain, leading to a warmer sound. Of course the type and quality of your gear changes that warmth as well
I respect the work you put into your videos. I find it really baffling that all the major crypto UA-camrs are only looking at pure waves and completely ignoring the broader narrative of why BTC is pumping and why the future outlook may not be as optimistic as it seems. It's kind of irresponsible to note the fact that every ETF launch so far has caused a major spike in BTC's spike. Already on shaky ground with historically low volume and near pure whale pumps, we narrowly avoided a simple bear market........ I have managed to grow a nest egg of around 210k to a decent 932k in the space of a few months... I'm especially grateful to Harry’s Dent, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Harry’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
As a home camera user never left Kodak and, I never will. My first film camera was an Instamatic Kodak 100 and, my current digital camera is a Kodak PIXPRO AZ-652 (smile ... smile).
@@cthoadmin7458 no no no, i used this word intentionally; mediocracy: "a dominant class consisting of mediocre people, or a system in which mediocrity is rewarded" has killed many o companies
@@Zuranthus Was that ever Kodak's problem? There are many ways to get mediocre results, being a mediocracy is certainly one of them. Kodak had the misfortune to be dominant in an industry that was overtaken by another technology, like Xerox, Olivetti and many others. Often made all the more painful, by the fact Kodak and Xerox were pioneers in the very industries (digital photography, and the electronic office) that did them in. Should they have seen the future and adapted? Easier said than done, it takes rare genius like Steve Jobs to do that. I made a mistake in criticising you sorry, but it's an interesting distinction...
@@cthoadmin7458 when you look at the leadership these companies had in place and the lack of innovation it becomes obvious, let's not forget that Kodak was approached when digital cameras came out but they turned it down because they didn't want to lose sales in their film department...it's a story that repeats over n over; Xerox, Blockkbuster, IBM, Bell Labs, General Electric etc etc complacent leadership that stifles innovation and rewards mediocrity
Thanks for the video. It's well put together and it present the other side of Kodak's recovery. As for Kodak's camera business, I recently purchased a Kodak Ektar H35N half-frame film camera and it's pretty awesome! Well worth the price. Takes nice photos and film development is pretty affordable.
Old film photographer here. At the pinnacle of negative film the advancements sharpness and clarity and color, were amazing. And the new digital cameras really weren’t that good to be honest. It was years before it was better than 35 mm. Digital wasn’t better. It was just easier.
I am glad to see Kodak making a comeback. I still like film but for me taking 25 shots for a film takes a long time to use up. I much preferred film with 12 shots.
Kodak wasn't a camera company, even with its digital patents. It was stuck being a film and photo processing company. Interestingly enough, my daughter is having fun with film photography. But it's gotta be a niche market. I'm pleased they've made a comeback.
I worked at Kodak for many years. If the information about other companies is as true as the information about Kodak, you shouldn't waste your time on this channel.
@@cthoadmin7458 You may not have noticed he photoshopped the Kodak name onto a Nikon camera! However he forgot to do the same with the lens, so you can clearly see the name Nikkor which are Nikon lenses and don't fit on other brands' cameras. @For.M is right.
I got my dream job at Kodak UK in 1980 after uni. : Customer relations and chairman of the Kodak house camera club: unlimited film, studios and an E6 processing lab to play with ! Fab. I those days I think the brand recognition worldwide was second only to Coca-Cola. So sorry to see its demise in later years.
Saw 13 days in 2000 during release at the Kodak Certified theater in Chevy Chase MD. Best visual quality I ever saw in a film theater. I wasn't aware Kodak did theater certification, licensing, similar to the THX or Imax or Dolby Certified standards. I assume the projector, screen, film stock, etc were calibrated and verified by Kodak techs
I believe there is a factual error at the very start: Kodak did not have 90% of the camera market unless you go to the early 1900s with the Brownie. However, it probably had 90% of the camera FILM market.
This certainly brough back fond memories. I used to work in digital printing and our B&W printers of choice were the Kodak Digimaster series. Brilliant B&W machines with such unbelievable black to white contrast and accessories, making it a production powerhouse. Unfortunately this was also during the bankrupcy time, so Kodak kinda threw this division under the bus and with it, their Nexpress colour division as well which was mroe of a mercy killing. I do recall the Digimasters were under the Heidelberg banner for a while but that seemed to just come and go. Anyway Kodak were innovators but their marketing teams were always off with the fairies.
Go to invideo.io/i/Logic and use our code 'LOGIC50' to get twice the number of video generation credits in your first month.
I grew up in the era when Kodak was the Godzilla of films. So it's nice to learn that Kodak is back. Nowadays I buy Kodak batteries. So the company is into more than printing.
Glad to see Kodak back to profitable business... I was really sad when I heard of it's bankruptcy a few years ago...
Fun Fact. I worked as an auditor on the 2012 Kodak carve out . On site in Rochester - the building was so old they still had carpet on the walls .
Dang hahaha. You know it’s old when they have carpet on the walls.
fellow 585er?
I have been to the Kodak Tower in Rochester so many times. You feel the legacy and the nostalgia in the hallowed walls.
The company was founded 1892 and that complex( at lest the main tower) was built in 1912. It’s old yes but also very historic. Think of the R&D done in that building. That and as a WNY’er I can tell you that’s the entire city of Rochester and buffalo… The rustbelt baby
Why put carpets on the wall, no one going to try to walk on that part, unless they want to later put it on the floor, to recarpet with sane style when replacing floor carpet
Just makes me realize how important is a great leadership. Kodak, Nokia, Microsoft are some transformative examples
Steve Ballmer is truly my transformative hero. I watch his presentations every Friday night.
And how important it is to avoid paying as much tax as possible and be in the same club as the judge.
That's why we vote for a president every four years.
Microsoft is a corrupt and abusive monopoly. The leadership was all about illegal restraint of trade.
Microsoft transformative? Idk about that. It still looks like the same old company to me.
my friend was an accounting auditor intern for xerox during the same time period. These obsolte companies didn't know what to do. Xerox in particular, tried 3D printing, without knowning what 3D pritning really was back in 2015-2017.
Kodak just happened to land a great tenured CEO who has been in tech industry to change their direction.
I Agree. Both had IP assets but no vision. Engineers at Xerox PARC gave Woz their code for a mouse-based GUI because middle management couldn't envision why anyone would want to control a computer that way, rejecting the project. Kodak management, after decades of depicting lights at the ends of tunnels, would not recognize that the light was indeed a train - a train of digital image sensors and supporting processing software. Kodak was already into both but did not move until it was too late to prevent bankruptcy.
Both examples tend to reinforce the psychology behind casual consumer choices, and that managers have a stake in maintaining the status quo rather than risking consumer acceptance of a new product or underlying technology.
@@raygunsforronnie847 But one should notice that standalone consumer digital cameras ended up being short lived product.
Xerox had a huge innovation problem in the 2000ds it barely survived. I remember buying a Xerox color laser back in the day that had a finace model based on the widely known refill scam of Lexmark (less filled starting cartridges, new ones cost double than the printer initially). But it doubled down by a ridicolously bad raster print quality for color pictures.
@@genius1a We had a Xerox Phaser 790 which was great but dealing with Xerox was so painful. Never went back to brand again. Good product let down by a awful company to deal with.
I like how you increased the amount of video releases while as well increasing the quality. Normally we see opposite. Keep rocking, dude.
Technically, did pull back on uploads, but really appreciate the kind words!
he's filming his videos
on Kodak
that's his secret.
As a boomer happy to hear Kodak's a using film come back! Loved those dark room days ... something so special about old primitive ways ... even vinyl LP records have made a come back. "Don't know what you got until it's gone", so true Joni Mitchell.
Vinyl is a small thing for those who love to spend 10 times or more for something I bought in the 70s. How do you justify a $40 vinyl record when I bought the same thing for $3.77. It never will recover to the point it had long ago with stored packed with thousands of albums. It was an exciting time but streaming and lousy artists killed it.
Now, I think it is cool that people still use film to make movies. There is a difference, grain and color and even lenses. Many of the greatest movies were done on film. The movie I love, "Grand Prix," from around 1968 was made using film. The cars decked out with huge cameras is a sight to see, yet that movie still blows me away.
And not to mention the millions of cameras collecting dust, and some are very expensive and some so easy to use...
For anyone who loves movies, film still lives. Hollywood still makes movies on film cameras, because digital is frozen in its own time.
So we got 2 former bankrupt behemoths thriving before we got GTA 6
Indeed hahaha
Who's the second one?
@@rajattalnikar6507Nokia
Nokia i think @rajattalnikar6507
@@rajattalnikar6507 the one he mentions at the end of the video
My grandfather worked there for 36 years. Kodak built several hundred homes in Rochester and sold them to employees. My grandfather paid $1100.00 for his. Raised a family in that home. All 3 boys worked at Kodak for over 35 years. One of the boys was my father. Just out of high school Kodak offered me a job. I never worked there. Im glad i didn't. The good days were long gone. My father bought a new car every 2 years. 6 weeks vacation each year.
I hope that Kodak's recent history never obscures stories like yours. Families were able to grow and prosper thanks to Eastman and Strong, who both cared deeply about their employees.
Even in their companies abroad like in the Philippines, employees were paid well with good benefits. It was one of the better managed companies in the Philippines. I was able to visit their office in Makati because of lost negatives but came out impressed on how they handled my case. I was given a tour of their printing facilities. This was in the 1980's.
Six weeks vacation every year?! Well, there is a good example of why the business couldn't make it. One eighth of the year he was gone with the company paying for it, along with all the other employee costs associated with the paying of their employees. How can a business survive with costs like that?
@@rickhinojosa5455 The company and its employees did exceptionally well until management could not embrace digital and leverage it.
@@rickhinojosa5455 They manage in Europe. In most of Western world nobody would work in a job with US-like vacations
Odd how Kodak can balance innovation with valuing its heritage.
That is profound and amazing.
brilliance in managing the obvious , few can do that
Their Harrow (UK) factory finally closed in 2016 after gradually being run down. The site is now being redeveloped into a housing estate called Eastman Village. The only remnant of the factory is the chimney.
You don't always get to hear good news about failing companies. Thank you for bringing this to light
I thought they made a comeback films, didn’t know it was commercial printing. The former CEO is a legend.
Which former CEO? Antonio was a moron who drove the company off the cliff with his "cheap ink" model.
I knew Jeff Clarke during his Kodak tenure....someone should make a movie about his almost single handedly saving the motion picture film plant when the board of directors told him to close it. Don't remember the year, but on one of the academy award shows, most of the major winners were shot on Kodak film, and though Mr. Clarke was invited to Hollywood for the ceremony, he chose to stay in Rochester, where he threw a party for the film department staff, and payed for it out of his own pocket....
Actually Kodak was never camera company. There main business was film and film processing. Except me low end instamatic camera.
Have you heard of the Kodak Brownie?
It is still a camera company albeit a one stop one, camera plus films and processing film and development.
Completely right. Medical and military work too. Chemicals, paper, developing, and processors (color)-they owned the ecosystem for sharing prints.
Bring back KODACHR
Kodak owned graflex as well but that was dead by the 70s
I am from West Sumatera, Indonesia. To show you how famous Kodak was back then... Our elders use Kodak term to express take a picture..
North Americans once referred to the family camera as "The Kodak". Don't forget to bring "The Kodak" for the trip. Just as Kleenex became synonymous for a facial tissue and Aspirin was synonymous for a headache tablet.
In America, we call it a Kodak moment when there's a beautiful thing happening that should be photographed.
The inspiration for name "Kodak" was born out of the sound the mechanical shutter made as George Eastman heard it...
How companies treat digital media vs physical media nowadays. It's more important right now for companies to create a platform for physical ownership rather than digital ownerships that are precious to you.
Kodak come back at the right time when relationship between customers and steamers turn sour, and physical media now worth another look for customers.
I am 51, from the original analogue times :D We learned at school how to devellop film and photos. I had no idea this was a thing again, even though I would never go back to analogue, it is fun to see the youngsters find appreciation for what was the norm in my younger years :D
Next comeback: VHS :D
VHS *is* making a comeback. Alien Romulus was just released on VHS 🙂
@@cdwilliams1 Meh, just one of the many hipster fads out there. It'll fade soon enough...
I think in a post truth society with stuff like Ai and deep fakes and filters and CGI, people will want the truth more then ever before and 20 years from now it will be completely impossible to tell the real from the fake with how powerful all those digital tools are becoming. So I predict a HUGE comeback of analog as it will be the only way to differentiate the rela from the fake.
Films add "soul" to the photos as they have a unique look that is very difficult to replicate with sharp digital photos. Listening to vinyl is a ritual on its own. While cassette tape and VHS, they add nothing and are just forgettable. Maybe except the nostalgia of that race car rewinding device. Nothing speaks "class", "quality" or "soulful". So no, don't come back, VHS.
@@Dimitri88888888i agree but i think it will be sooner than 20 years. Probably nearer 10
You do some solid work sir. Keep crushing it
Thank you for the support Dan!
I worked for Kodak as a Field Service Tech installing Film & Paper Processors , Fixed and maintained them back when One Hr Photolabs were still around. Back in the 2010 -2011 We started removing them in place of Kodak digital Kiosk printing on Dyesub paper... That was when I knew I was installing my way out of the Job... When Kodak Went into Bankruptcy they kept us around for a year with nothing to do... basically I sat a home and collected a paycheck until the bankruptcy went through...
Was in the photo finishing biz for 30 years. Digital imaging has never exceeded the silver halide process in detail, saturation, depth or image permanence. The biggest loss that came with digital was the shoe box of photos in the closet. A large element of our personal visual history is being eliminated by lost and submerged phones, crashed computers, deceased relatives unknown passwords and a host of other digital pitfalls. Sadly this current era in our personal lives will be photographically undocumented...
Dead right, Karenn - I think the same.
The vast majority of photos lost in this manner would never have even been taken, in days gone by. But an exponentially larger number of photos now exist, due to digital photography, and more specifically, phone cameras. All the more so, now that the standard phone modus operandi is automated cloud storage. If anything, images of significance are now being buried in the sheer avalanche of permanent storage, utilised by now very ordinary smartphones.
i still have the first digital photo i was ever emailed, back in 1998. nobody but me will ever see it though.
The modern way is more convenient, not better.
So basically Kodak used bankruptcy to get out of the obligation to pay employee retirement and then used patented tech they had developed to corner an new market.
They’re bankruptcy attorneys also got paid based on how much tax liabilities they could get them out of for their sprawling properties. I’ve read it was on the level of Enron
@@Noone-l6gtheir
It is the American way
@@marklittle8805 Trump did it 6X
Pathetic comment
I have been using Kodak portable SSDs and USB flash drives. They are very durable and have had zero problems with them.
Many CEOs that milked their companies into bankruptcy.. giving themselves ridiculously massive bonuses and separation pays before collapsing their companies..
But not him 14:15 I have much respect for this guy, CEO, *Jeffrey J. Clarke* 3:43..
He left because he already saved Kodak. Bravo
Great quality videos on this channel. I like that you show your face from time to time so it doesn't feel like 99% of AI generated channels on yt. Well done my dude
Comebacks are always possible in the realm of business..
Never give up!!! 🚫
Same in life.
Ask Donald Trump!
Lol. So true.. No matter what he keeps coming back!!!
When I first got into photography in high school, armed with a Minolta SRT-101, we called Eastman Kodak Company "Yellow Father." I'm glad to see Dad is back.
They aren't really back. Kodak no longer make film, printing paper, and chemicals. Those are made by the company owned by the pension plan. Kodak only makes movie film and some commercial film products.
Worked in wholesale photofinishing while working through school.
Crazyass job unloading huge rolls of photopaper in a pitch black darkroom to load onto a paper processing machine.
Up and down that corridor trying to keep up with the printers.
Good to see Kodak thriving in another market.
Digital is great, but still can't duplicate the 'warmth' of film.
you worked for qualex?
Don't forget the success of Eastman Chemical, spun off in 1994. EK shareholders got stock in EMN and the company has done very well.
They pissed away their copy product division, their medical products division and didn’t jump on the digital photography market. I know because I worked there from January 82 to April 91 as a Field Engineer. Just before my 10 anniversary when I’d be vested in the Retirement plan, they canned me with no explanation. To this day I’ve never purchased a Kodak product and never will.
I worked there from 1987 to 1992 as a young engineer straight Outta college working in digital imaging. I worked on a project with lots of others called photo CD... the whole purpose of that project was to put film captured images onto a CD and play them on your TV with a special photo CD player. They hope they could give film a few more years of life because they made so much money from film. Unfortunately it was a major flop. It was fun as a newbie working on such a high profile project with so many other engineers working together. Ultimately in that short time I was there it was clear the company was a sinking ship and a lot of people were taking early retirement and then came involuntary separation. And then a lot of people were in fear of their jobs. Not an exciting place to work as a new person excited about their future. I left my job and followed other interests.
@ I ended up working on the railroad (my hometown of Altoona Pa was a railroad town) retired at Union Pacific after 24 yrs with a decent retirement.
@@michael_mathieu_vibrant_health were they jpegs or proprietary?
This is one of the most amazing company reviews I've ever seen. Kodak has a warm spot in my heart from my childhood, I am so glad they were able to turn things around! Thank you for this!
I had a Kodak Brownie camera as a kid and it lit my love of photography that persists to this day. My parents took me to visit the Kodak campus in Rochester back in the 60’s on a vacation to upstate New York. They had a great museum there all about George Eastman and the history of Kodak. I imagine all of that is gone now.
Just use real footage and archived material, that will improve your work a 1000 time. 10:52
Yes, all the stock footage with models holding fake meetings, pointing at whiteboards etc is really annoying.
Feel great to hear that Kodak is still around and kicking.used to use a lot of their films Kodakchrome Ektachrome and B&W films.Felt horrible when they declared bankruptcy. Now feel nice that they are still around.
But the company that makes the consumer film only changed ownership. However, the very complicated machines that processed Kodachrome did not live on.
As a Rochester native, this video is about to be super interesting 👀
Okay so it was pretty interesting, but now I'm left with the question of what Kodak will do going forward - Surely analog/film photography will not continue to make them too much money, and with stuff being digital is this printing technology really going to continue being viable as a revenue stream?
Cool, I completed my Masters from RIT, Rochester
@@millennialmind9507 Very nice! I started at RIT this fall/summer myself.
As somebody who grew up with film being synonymous with Kodak, I really enjoyed your documentary. It was all the more impressive given that you are so young. Well researched, well narrated, very entertaining and informative.
Can't wait. I still have my Pentax K-1000.😅
Me too
Another reason I wait for Friday. Nice video as always. Follow it up with Fujifilm which ventured into cosmetics after the digital camera revolution swept their cameras aside
Thanks for the suggestion Brian!
very interesting video.i wish you to be 1 mn subscribers soon
Analog will always have its uses. Glad they found a way to make it profitable
Another gem
Thanks for watching man!
What a CEO, where is he now? Is he in demand by different industries? I find this more intriguing than the Crocs/Stanley Cup marketing guy.
i still can't belive kodak come back , good for them :)
I'm 64 & had a kodak instamatic 33 camera as a teeneger in the mid 1970's. Great camera that was & this story is brilliant on the kodak recovery.
I just heard Kodak film is reappearing on store shelves it's cool to see they're back and it's not some Chinese company selling bootleg products with their name.
What Kodak is selling these day?
I can only assume they have plenty to offer for commercial customers and professionals, but nothing for home use market.
Wtf.
Do you really expect the Chinese to copy the nasty failure of the once upon a time giant?
😅😂😅😂
Kodak film always remained available. It was the company making it that changed ownership.
Kodak: literally *printing* money
Like the IRS!
... very informative and enjoyable!
Really really happy to know that Kodak is back in business.
I would be delighted to see Nokia following soon...
It was sad when Kodak folded. As a photographer I had used their stock for years - as well as Ilford and Fuji. All of them do different things - or do things differently. Thanks for the update.
Kodak's solar power division is damn good too ivesentheir hardware. Top of the line. If you can't afford victron go Kodak
Didn’t know that
@@LogicallyAnswered Fascinating, I did not know that they made solar panels. 🤔
The money they moved away from workers pensions went to executive bonuses and shareholders dividends.
They were not making enough money to fund a pension plan. There was only a short period when Kodak paid a dividend and that was a small amount. Innumerant Marxists like you have no idea what a small percentage of revenue that executive compensation is.
Very interesting- thank you! 😀
I was constantly told that my love and use of analog was an "old man" thing, a nostalgia thing. Just as the warmth of film shows from the developer w/ no editing, analog audio has a warmth to it that digital can't reproduce, especially with vinyl. Sending the player signal through a signal amplifier, then into a stereo system adds "noise" to the signal chain, leading to a warmer sound. Of course the type and quality of your gear changes that warmth as well
Great video!
I would love a good camera. I don't want to put everything on my phone. Any suggestions?
Since the cancellation of the old stock (EK), the new stock (KODK) has dropped 78%
Great video as always
Thank you as always Balpreet!
Nicely done Hari
terrific summary
I love to see Kodak back and stores like Fry's, Sears.....American cars like Buick, Pontiac, oldsmobile, Studebakers...
I was totally unaware of this side of Kodak. Brilliant Content, Brilliant Narration........
Microsoft, Kodak , Nokia goes to show what a simple great leadership change can do
I sold off my Nikon D850 for Nikon Z6. But I retained my Vivitar film camera. Digital camera cannot replace film. It can be just another option.
V3800n? It was my dream camera 20 years ago. My father couldnt afford even that!
@oblivion_007 YES! I could buy it only after advancing to some point in my career.
Fascinating video
I really enjoyed it Thanks
I respect the work you put into your videos. I find it really baffling that all the major crypto UA-camrs are only looking at pure waves and completely ignoring the broader narrative of why BTC is pumping and why the future outlook may not be as optimistic as it seems. It's kind of irresponsible to note the fact that every ETF launch so far has caused a major spike in BTC's spike. Already on shaky ground with historically low volume and near pure whale pumps, we narrowly avoided a simple bear market........ I have managed to grow a nest egg of around 210k to a decent 932k in the space of a few months... I'm especially grateful to Harry’s Dent, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
He mostly interacts on Telegrams, using the user-name,
@HarrysDent.
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Harry’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
Nice, I was just hodling before I found Dent. In my opinion he is the very best out there.
I read about Harry S Dent too on the internet. That was how I connected with him. Good is got people’s back too
Aaaaah I love this channel!
So glad to see KDK rebound!
I very recently bought a kodak analog camera
Photography enthusiast?
@@LogicallyAnswered yeah
As a home camera user never left Kodak and, I never will. My first film camera was an Instamatic Kodak 100 and, my current digital camera is a Kodak PIXPRO AZ-652 (smile ... smile).
Kodak consumer brands of film are no longer made by Kodak. Didn't you understand that the division was spun off and sold.
Now I want some film to go out and take pictures in the old Minolta 😮
Yes, I have a 35mm Pentax and about $2,000 dollars worth of lenses sitting in a closet for 25 plus years.
didn't even know Kodak was still around honestly, pretty cool, but lets see how long they last before they slump right back into corporate mediocracy
Hahaha, think they’re good for the time being
The expression I think you're after is "corporate mediocrity".
@@cthoadmin7458 no no no, i used this word intentionally;
mediocracy: "a dominant class consisting of mediocre people, or a system in which mediocrity is rewarded"
has killed many o companies
@@Zuranthus Was that ever Kodak's problem? There are many ways to get mediocre results, being a mediocracy is certainly one of them. Kodak had the misfortune to be dominant in an industry that was overtaken by another technology, like Xerox, Olivetti and many others. Often made all the more painful, by the fact Kodak and Xerox were pioneers in the very industries (digital photography, and the electronic office) that did them in. Should they have seen the future and adapted? Easier said than done, it takes rare genius like Steve Jobs to do that.
I made a mistake in criticising you sorry, but it's an interesting distinction...
@@cthoadmin7458 when you look at the leadership these companies had in place and the lack of innovation it becomes obvious, let's not forget that Kodak was approached when digital cameras came out but they turned it down because they didn't want to lose sales in their film department...it's a story that repeats over n over; Xerox, Blockkbuster, IBM, Bell Labs, General Electric etc etc
complacent leadership that stifles innovation and rewards mediocrity
Thanks for the video. It's well put together and it present the other side of Kodak's recovery. As for Kodak's camera business, I recently purchased a Kodak Ektar H35N half-frame film camera and it's pretty awesome! Well worth the price. Takes nice photos and film development is pretty affordable.
That was interesting and uplifting. Thanks.
I grew up with Kodak in the 60's and 70's....they where a great company making great products that unfortunately where replaced by digital tech.
When I worked for Warner Bros., I would go to Kodak Toronto, at least once a week, and fill my trunk with their film. Oh, how times have changed.
Old film photographer here. At the pinnacle of negative film the advancements sharpness and clarity and color, were amazing. And the new digital cameras really weren’t that good to be honest. It was years before it was better than 35 mm. Digital wasn’t better. It was just easier.
The Eastman Kodak Company will never return to glory. They might try, but they are gone forever.
The company that makes the consumer film still exists but EKC no longer owns it.
Great to hear a success story - Thanks!
Your voice is mesmerizing 🙌🏼🙌🏼
I am glad to see Kodak making a comeback. I still like film but for me taking 25 shots for a film takes a long time to use up. I much preferred film with 12 shots.
FYI - It's not "Chartering a new direction," it's " _Charting_ a new direction." Charts are maps used on a ship to set the course.
Nicely done. Thanks!
4:43 Listen to customer's need is the right way. Employ the right person to lead the company. Eg: Employ accountant to helm boeing will be disaster.
I have a Yashica camera with a roll of colour film inside. Could that roll be ok to be developed?
Could you please turn down the music?
Kodak wasn't a camera company, even with its digital patents. It was stuck being a film and photo processing company.
Interestingly enough, my daughter is having fun with film photography. But it's gotta be a niche market. I'm pleased they've made a comeback.
such a cool video, ive lived in rochester my whole life and have multiple family/friends work there. great video 👍🙌
I am a Rochester native as well 😄
@sethk. its so cool to see all these 585ers on a UA-cam torment section lol
No... They made insane amount of money on film it was pennies to make and like 5 or 10 bucks a roll
Oh this encourages me to drag out a couple of my old cameras.
I worked at Kodak for many years.
If the information about other companies is as true
as the information about Kodak,
you shouldn't waste your time on this channel.
I'm with you on this one. Really shallow and certainly not high quality information, despite their own comments about visual quality.
You sound like you are out of your pension.
Well, pour the tea my friend
Can you humour us with specifics? Where exactly he he wrong about Kodak?
@@cthoadmin7458 You may not have noticed he photoshopped the Kodak name onto a Nikon camera! However he forgot to do the same with the lens, so you can clearly see the name Nikkor which are Nikon lenses and don't fit on other brands' cameras. @For.M is right.
Great story with a wonderful ending.
I got my dream job at Kodak UK in 1980 after uni. : Customer relations and chairman of the Kodak house camera club: unlimited film, studios and an E6 processing lab to play with ! Fab. I those days I think the brand recognition worldwide was second only to Coca-Cola. So sorry to see its demise in later years.
6:47 he is right about this, vintage things sell a lot these days
Saw 13 days in 2000 during release at the Kodak Certified theater in Chevy Chase MD.
Best visual quality I ever saw in a film theater.
I wasn't aware Kodak did theater certification, licensing, similar to the THX or Imax or Dolby Certified standards.
I assume the projector, screen, film stock, etc were calibrated and verified by Kodak techs
Always liked Kodak, remember the factory in Melbourne, Australia.
Awesome, love Kodak! ❤️
Tbh Kodak cameras were great
I believe there is a factual error at the very start: Kodak did not have 90% of the camera market unless you go to the early 1900s with the Brownie. However, it probably had 90% of the camera FILM market.
Digital fatigue or digital boredom. You can only do something for so long before boredom starts to creep in
This certainly brough back fond memories.
I used to work in digital printing and our B&W printers of choice were the Kodak Digimaster series.
Brilliant B&W machines with such unbelievable black to white contrast and accessories, making it a production powerhouse.
Unfortunately this was also during the bankrupcy time, so Kodak kinda threw this division under the bus and with it, their Nexpress colour division as well which was mroe of a mercy killing.
I do recall the Digimasters were under the Heidelberg banner for a while but that seemed to just come and go.
Anyway Kodak were innovators but their marketing teams were always off with the fairies.