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Sad picture time: Kodak prepping for Chapter 11

VentureBeat: "After 131 years of innovating the photography industry, Eastman Kodak is reportedly preparing for a Chapter 11 bankruptcy protection.

Kodak has been on unsteady ground ever since digital photography began decimating the print photo business in the mid-2000s. The company had an especially bad year in 2011, and the company admitted Tuesday that it would be de-listed from the New York Stock Exchange unless is improves its financials in the next six months."

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