KODAK FACES FINANCIAL STRUGGLES EVEN AS GEN Z SPARKS A FILM RESURGENCE
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✍️ Kodak, a 133-year-old photography company, is facing financial struggles despite a resurgence in demand for film cameras among Generation Z.
👉 Kodak's financial struggles despite increased demand for film cameras 👉 Net loss of $26 million in the second quarter, down 200% from last year 👉 12% decrease in gross profit 👉 Millions in debt obligations 👉 Plan to terminate retirement pension plan to pay off debts 👉 Gen Z's desire for a more tangible photography experience 👉 Nostalgia for a slower culture 👉 Unique aesthetics of film
-- #ClairSapilewski #BenReitzes #EdHurley #JimContinenza #AlexCooke #HillaryGrigonis #MadisonStefanis #Austin,Texas #Rochester,NewYork #technology
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