Podcast: Kodak Becomes a Pharma Company, AP Switches to Sony, RIP John Lewis, and a Photo Contest

Podcast: Kodak Becomes a Pharma Company, AP Switches to Sony, RIP John Lewis, and a Photo Contest

With a $765 million loan under the U.S. Defense Production Act, Kodak has pivoted from film chemistry to pharmaceutical ingredients. The loan sent Kodak’s stock price soaring from $2.61 to as high as $60 before settling in the low $20s. Eyebrows were also raised when it was revealed that Kodak Executive Chairman Jim Continenza scored a stock option grant the day before the announcement that could net him close to $100 million. 

Also, Judge Nelson Lee stays his own ruling for three weeks to allow Seattle media companies to prepare their appeal to the Seattle Police Department’s subpoena of unpublished photos and video, we remember Civil Rights icon John Lewis through photos at Comic Con, Rite Aid uses facial recognition in their stores, AP announced they’re switching to Sony, the Potato Photographer of the Year, and mesmerizing drone footage of a dog herding sheep! 

We mention the following photographers, articles, and websites in this episode:

Update: Allen incorrectly identified the the recipient of Kodak stock options as the CEO, it was the Chairman. The stock price also peaked at $60, not $46.

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Allen Murabayashi is the Chairman and co-founder of PhotoShelter.

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