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Bankrupt Kodak drops name from Oscars theater

The theater that has hosted the US Academy Awards for the last decade will no longer bear the Kodak name as a result of the iconic company’s bankruptcy. A bankruptcy court on Wednesday approved Kodak’s request to cancel its contract with the theater, ruling that it was “in the best…

Bankrupt Kodak asks to pull name from Oscars theater

The century-old photography trailblazer Eastman Kodak has filed a request to pull its name from the Los Angeles theater hosting the Oscars as part of bankruptcy proceedings launched last month. The request filed at a New York bankruptcy court on Wednesday asks for the cancelation of a contract signed in…

US camera pioneer Kodak files for bankruptcy

The century-old US camera pioneer Eastman Kodak, which brought photography to the masses, filed for bankruptcy early Thursday after years of failing to keep pace with the digital age. “The Board of Directors and the entire senior management team unanimously believe that this is a necessary step and the right…

Kodak strikes patent licensing deal with IMAX

Struggling US photo giant Eastman Kodak has announced it has reached a deal to license some of its patents related to its laser projection technology to Canada’s big screen specialist IMAX Corporation. Kodak did not reveal the financial details of the deal announced Sunday, but The Wall Street Journal reported that IMAX would pay “tens of…

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