Kodak Digital Cinema Restructures

http://www.digitalcinemareport.com/   November 6, 2009

 

Digital Cinema Report has learned that although no formal announcement will be made, Kodak's Digital Cinema division is being significantly restructured and, according to a spokesman, "dozens of employees" initially, possibly more in the future, will lose their jobs. As part of its changing strategy, Kodak Digital Cinema will discontinue the manufacture of pre-show technology and theatre managements systems. The company will also discontinue its systems integration operation. Kodak will continue to provide service and support to its existing customers, some 300 exhibitors worldwide. Among other opportunities in digital cinema, the company is currently exploring the idea of licensing its technology to hopefully capitalize on its long legacy in motion picture imaging.