Kodak, one of the oldest staples in the consumer electronics industry, is preparing to seek bankruptcy protection. Unless Kodak can sell off some of its patents for cash, the 131-year-old company may have to file for bankruptcy. Despite inventing the digital camera in 1975, the company has had a hard time competing. Read the full article at WSJ.com
Kodak Seeking Bankruptcy Protection
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).