Kodak denies its shutting down amid media reports of finicial struggles | TechCrunch

Image for article Kodak denies its shutting down amid media reports of finicial struggles | TechCrunch
News Source : TechCrunch

News Summary

  • Eastman Kodak is denying reports that it’s shutting down or filing for bankruptcy.
  • The 133-year-old company has regularly struggled with finances as digital technology eclipsed film sales.
  • In recent years, some Gen Z users have embraced older tech, like compact cameras and dumb phones, as a way to tap into nostalgia for a time they never got to experience.
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Eastman Kodak is denying reports that its shutting down. On Wednesday, media outlets like CNN and CNBC detailed the companys ongoing financial challenges, including statements made in its earning [+1178 chars]

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