Kodak To Completely Back Out Of Camera Business: The Story Continues

The Kodak Brownie No. 2. Source: Wikimedia Commons

Eastman Kodak, situated in Rochester, NY, pioneer of film photography and inventor of the famous “Brownie” — the first widely available photographic camera for amateurs — just announced that they will completely back out of the camera business. Despite never being really successful on the digital camera market, the brand name “Kodak” is associated with photography like no other.

After the continuous decline of their stock market value during the past couple years, this January Eastman Kodak finally had to declare Chapter 11 bankruptcy. Read more after the jump.

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