The 132-year-old photography company filed for Chapter 11 bankruptcy on Thursday, putting it on the verge of falling victim to rapid changes in the industry.
Buffeted by fierce foreign competition, then blindsided by a digital revolution, photography icon Eastman Kodak Co. is teetering on a financial precipice after a quarter-century of failed efforts to find its focus.
RecommendedRecent Facebook Activity
Only On 7
Watch "The Queen Latifah Show" weekdays at 4pm followed by Leon Harris and Alison Starling on ABC7 News at 5. Click here to find out more about "The Queen Latifah Show!"