I use Time Warner's
The concept never impressed me that much, to be honest. Quite frankly, it always seemed spooky. I mean, it's unnerving enough to have some stranger at the local CVS
George Eastman put the first simple camera into the hands of consumers in 1888. Now his company is having trouble adjusting to the new world of digital cameras; hard copies just aren't necessary anymore. In fact, as Rick Aristotle Munarriz explained, there is so much more flexibility in managing digital photos as opposed to their material-based counterparts. So this move won't affect either company that much. If anything, it shines a light yet again on the risky nature of the film purveyor.
There will always be a place for non-digital photography; to be certain, no one wants to see fashion photographers use digital cameras exclusively -- the technology just isn't there yet. The big problem for Kodak, though, is that the consumer market is going digital... and it won't look back, as far as I am concerned.
Eastman Kodak enjoyed being a Dow component, but that is no longer the case. Back in February, however, Philip Durell wrote an interesting commentary about the pigs of the Dow (a variation on the dogs of the Dow strategy), and the mechanical selection process generated a list that included Kodak, as well as Johnson & Johnson
The story could change someday. But for now, I'll sit on the sidelines and see how things develop (sorry, couldn't resist a closing pun).
Time Warner is a Motley Fool Stock Advisor selection. To learn more, sign up for six months with a money-back guarantee.
Do you think professional photographers have embraced digital photography? Discuss F-stops and megapixels with other Fools on our Photography discussion board.
Fool contributor Steven Mallas owns none of the companies mentioned.