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for three weeks to allow Seattle media companies to prepare their appeal to the Seattle Police Department’s subpoena of unpublished photos and video, we remember Civil Rights icon John Lewis through photos at Comic Con, Rite Aid uses facial recognition in their stores, AP announced they’re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:
- City Council members criticize Seattle police subpoena of news media videos and photos from protest (via Seattle Times)
- From the editor: Why we’ve fought the Seattle Police Department’s subpoena for unpublished protest photos and video (via Seattle Times)
- Judge modifies approval of SPD subpoena for news media footage of protests, stays ruling for three weeks (via SCC Insight)
- Kodak Lands Loan to Bolster US-Produced Drug Supply (via NYT)
- Kodak’s stock surge turned executive options into huge potential payday (via Marketwatch)
- Bridget Todd recalls the time John Lewis played himself at ComicCon (via Twitter)
- When John Lewis Cosplayed at Comic-Con as His Younger Self (via NYT)
- Yeah, So It Turns Out Rite Aid Has Been Using Face Recognition at Hundreds of Stores (via Gizmodo)
- The Panopticon Is Already Here (via The Atlantic)
- ‘We’re confident that they can deliver’: We talk to AP’s Director of Photography about switch to Sony (via DPReview)
- 2020 Potato Photographer of the Year (via DPReview)
- Drone footage of a dog herding sheep
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.