Comment by mark-r

Kodak gets picked on unfairly. They weren't completely blind to the digital camera revolution, they produced the first digital camera prototype but it was laughably incapable. Their problem was building a business model that took a cut from every picture snapped, from film to processing to printing. There was nothing in the digital camera model that could duplicate that revenue stream; even if they had sold every digital camera ever made, it would not have saved them. Their final undoing was overestimating the importance of printed pictures, in the end it turned out people would rather see their pictures on their screens.