Kodak: A journey from creating memories to bankruptcy

Discover the rise and fall of Kodak, a pioneer in photography that once dominated the industry. Learn how innovation, strategic missteps, and fierce competition led to its decline.

Image source: By Joost J. Bakker from IJmuiden - Kodacolor II film C 126-20 126 film cartridgeUploaded by Oxyman, CC BY 2.0, https://commons.wikimedia.org

A name etched in history

Once synonymous with photography, Kodak was a household name for decades.

Image source: By Work-Order Studio - http://www.kodak.com/ Transferred from en.wikipedia to Commons., Public Domain, https://commons.wikimedia.org

Kodak’s golden era

By the 1970s, Kodak dominated the market, controlling 95% of the U.S. film market and 85% of cameras.

Image source: By Boston Public Library - Flickr: Camera Center, Gatlinburg, Tenn., Highway 71, Public Domain, https://commons.wikimedia.org

Birth of Kodak

Founded in 1888 by George Eastman, Kodak revolutionized photography with roll film.

Image source: Detroit Publishing Company, Public domain, via Wikimedia Commons

The Kodak innovation

Eastman’s slogan, “You press the button, we do the rest,” simplified photography for everyone.

Image source: By Published by B. C. Forbes Publishing Company, New York, 1917 - https://archive.org/details/menwhoaremakinga00forb, Public Domain, https://commons.wikimedia.org

The Brownie camera

The $1 Brownie camera brought photography to the masses, boosting Kodak’s sales in the late 1800s.

Image source: Photo by Brownie camera, licensed under CC BY-ND, via flickr.com

Legal battles and resilience

Kodak overcame patent lawsuits and emerged stronger, pushing boundaries in photography.

Image source: By Kodak - Wikipédia anglaise, Public Domain, https://commons.wikimedia.org

Innovations of the 20th century

Kodachrome, introduced in 1935, revolutionized color photography.

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Kodak moments

The famous “Kodak moment” campaign captured emotions and drove nostalgia-inspired sales.

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Rise of competitors

Fujifilm disrupted Kodak’s monopoly in the 1980s with affordable alternatives.

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Missing the digital wave

Kodak failed to embrace digital photography despite inventing it in 1975.

Image source: Photo by 1st Digital Camera, licensed under CC BY-ND, via flickr.com

The fall of Kodak

Financial struggles and strategic errors led Kodak to file for bankruptcy in 2012.

Image source: Photo by Kodak, licensed under CC BY-ND, via flickr.com

Lessons from Kodak

Innovate, adapt, or perish—Kodak’s story serves as a timeless business lesson.

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Image source: By Joost J. Bakker from IJmuiden - Kodacolor II film C 126-20 126 film cartridgeUploaded by Oxyman, CC BY 2.0, https://commons.wikimedia.org