In article , Bowser
wrote:

There was a story going around about the Kodak CEO making a statement
about the digital threat: "how can we stop this digital thing?"

Or something like that. If true, well...

Kodak's management screwed the pooch. Some of the earliest digital
SLRs were Kodak conversions. Kodak sold the first full frame DSLR!
Granted, it wasn't great, but they had the tech and just let it die.
No excuses, this is a business school case study now.

yep. kodak pioneered digital photography and knew it one day would
replace film, but management didn't want to do anything to impact the
revenue from film. very stupid.