In its heyday, Kodak controlled more than 90% of the US film market, and 85% of all camera sales. But a lot can change in 35 years, and unfortunately, time has not been kind to the Rochester, New York company.
Kodak is currently in the process of filing for Chapter 11 bankruptcy protection, and looking to sell off its patent portfolio in hopes to restructure its business. But as it turns out, those patents may not be worth as much as it thinks they are...