• United States
Senior Editor

Kodak to hike film prices

Apr 19, 20061 min
Data Center

From the Not Very Surprising News Department: Kodak is raising the prices of its film due to the digital camera revolution.

Price increases for consumer and professional films will range from 3% to 17%, while increases on selected motion picture films will range from 3% to 5%. The new prices structure will go into effect May 1.

“Over the past year, Kodak has been absorbing unrelenting increases in the costs of raw materials used to manufacture film, including silver and petrochemicals,” the company said in a statement. “These pressures have reached a point where they can no longer be offset by Kodak’s ongoing productivity programs.”

So if Grandma’s still holding onto her old 110 camera and flash cubes, this might goose her into the 21st century.

Via USA Today