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arsclist Kodak
hope this story is of some help.
PDSC is now in turn being acquired by Technicolor, for
what that's worth.
more news available at http://www.medialinenews.com
terence
Kodak Quits CD-R Biz, Sells Interest in Plants to PDSC
by Terence P. Keegan
ROCHESTER, NY-- Eastman Kodak Co., one of the original
suppliers of consumer and professional CD-R and CD-RW
discs, discontinued its blank product lines at the
close of last year, as a result of CD-R?s degeneration
to a commodity product.
The recordable imaging technology pioneer also sold
its 49 percent stake in Matsushita Manufacturing LLC
of America to its partner Panasonic Disc Services
Corp., which had owned the remaining 51 percent. The
joint venture was formed in December 1999, essentially
consisting Kodak?s two plants in Guadalajara, Mexico
and Youghal, Ireland.
Throughout the life of the joint venture, the plants
replicated DVD, CD-R and -RW, and applications of
Kodak?s part-prerecorded, part-recordable Programmable
CD-ROM (CD-PROM) technology, which lay at the core of
its Picture CDs.
A PDSC spokesman stated the replicator would now
expand Matsushita Media Manufacturing?s DVD production
operations, including the conversion of some of the
plants? existing CD-R manufacturing lines.
A spokesman for Kodak commented that the decision was
"difficult for us to make, but it was prompted by
financial performance. The commodity CD-R business did
not meet Kodak?s financial expectations, and the
market shows little sign of improving in the future."
The spokesman noted that Kodak?s exit from the CD-R
business has no effect on its Photo CD/Picture CD
business, other CD-PROM applications, or R&D
initiatives in optical media. He declined to reveal
Kodak?s supply arrangements for Photo CD, Picture CD
and CD-PROM moving forward from the joint venture's
dissolution, only stating that the supply would
continue to be steady.
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