Kodak Alive! Film Division to UK!

above: Photo by Leslie Lazenby on Kodak Tri-X film / Minolta 600si / Tamron 14mm

Breaking News by Mat Marrash

This past Monday, Eastman Kodak announced that it has reached a settlement agreement with it's UK Pension Plan, KPP. You can read the fine print over at Kodak here.

And now for the question folks have been asking all week...

"What does this mean for film photographers?"

For us here at the FPP, it means business as usual and Super-Positive! So long as Kodak films are being produced, 35mm - 8x10, the FPP will be offering it to you at the best price possible in our FPP On-Line Store!

Above: Five of the 50 attendees at The Film Photography Project Midwest Walking Workshop in Findlay, OH, April 2013. Photo by Mat Marrash on Kodak Tri-X / Kiev 6C camera

Below: Fresh, awesome Kodak film!

Personally, I've just purchased a boatload of 8x10 Portra 400, and am loading up some 120 Kodak Ektar 100 to shoot as you read this. Nothing about the way film is produced in Rochester has changed or will with this settlement: same technicians, same yellow box, same unmistakable quality. 

“The businesses that we are acquiring will deliver long-term cash flows to support the plan’s obligations. The financial stability that KPP will provide for the Personalized Imaging and Document Imaging businesses will be beneficial to those businesses’ employees, customers and partners."  - Steven Ross, KPP Chairman

Kodak film is here right now, and from the looks of things, will continue to be so for some time. The only way any product stays viable is consumer confidence and usage of product. Instead of focusing on (potential) negativity, let's think about creativity. In place of (baseless) speculation, let's use some imagination. Now get out there, stay super-positive, and shoot some film!

The Film Photography Project stocks fresh Kodak film in our on-line store. We ship everywhere! Support Kodak Films! Support FPP! Buy some film today!

 

 

Comments

Glyn Evans's picture
This is not yet a done deal, as KPP members (and I'm one of them) have to vote on the proposal. My understanding is, that if not enough for votes are received, then the deal will not happen.
shakmatii's picture

Lookin' good...

"The U.S. Bankruptcy Court for the Southern District of New York today approved Kodak’s (OTCBB: EKDKQ) previously announced comprehensive settlement agreement with the U.K. Kodak Pension Plan (KPP), the company’s largest single creditor with respect to its Chapter 11 Plan of Reorganization. In approving the agreement, the Court described it as “a critical step forward in Kodak’s effort to consummate its Plan of Reorganization.” With the agreement, announced on April 29, Kodak’s Personalized Imaging (PI) and Document Imaging (DI) businesses will be spun off under the ownership of KPP."

More by licking the link.

http://www.streetinsider.com/Corporate+News/Kodak+(EKDKQ)+Receives+Bankruptcy+Court+Approval+for+U.K.+KPP+Settlement/8436497.html

MJ's picture
This is excellent news. Hopefully this will extend into the film/still photography department. LONG LIVE FILM!!!!!

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