The Day They Took the Kodachrome Away
Eastman Kodak, once one of the world's most innovative companies, filed for Chapter 11 bankruptcy protection this week. Founded at the tail end of the 19th century, Kodak brought portable cameras and color photography to the masses. By the 1970s, it owned 90% of the U.S. color film market. In the 1ate 1990s, it was worth over $90 a share. Today, the company's stock sells for under 40 cents.
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