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Kodak Prepares for Bankruptcy

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Kodak’s economic fortunes have taken a turn for the worse, as Reuters is reporting that the company is seeking bankruptcy.

We noted earlier that Kodak Gallery – the company’s online photo service – is a wholly-owned subsidiary of the company, albeit one that Kodak was said to be shopping around to potential buyers. We’ve asked Kodak about the status of Gallery going forward and will update the site with any new information.

Suffice it to say that things are in flux right now, but if I were a Gallery customer (and I am) I would, at a minimum, make sure that I have a copy of every image I’ve uploaded to the service on my own hard drive.

Stay tuned.


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