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Kodak to Exit the Digital Camera, Pocket Video Business

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Kodak to Exit the Digital Camera, Pocket Video Business
An Eastman Kodak Co. Easyshare digital camera is displayed at the International Consumer Electronics Show in Las Vegas, Nevada in January. Photographer: David Paul Morris/Bloomberg

Feb. 9 (Bloomberg) -- Eastman Kodak Co., the photography pioneer that’s in bankruptcy, said it plans to phase out its unit that makes digital cameras, pocket video cameras and digital picture frames.

The phase-out will take place in the first half of 2012, the Rochester, New York-based company said today in a statement. Kodak will instead expand its brand licensing program, and seek licensees in these categories the company said.

Link to Statement:{NSN LZ4O603V280S <GO>}

Link to Company News:{EKDKQ US <Equity> CN <GO>}

To contact the editor responsible for this story: Will Daley at wdaley2@bloomberg.net

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