This is a commonly told version of the tale, but I don't think it's accurate. Kodak didn't get blindsided by the advent of digital, in fact they were the first

This is a commonly told version of the tale, but I don't think it's accurate. Kodak didn't get blindsided by the advent of digital, in fact they were the first ones there (literally the first commercial DSLR was a Kodak). Their main problem appeared to be both technological and competitive. In the very early stages of digital SLRs Kodak provided sensors to all of the big players, establishing themselves as the go-to OEM for sensor tech. And then Canon decided to not put the most important component of their camera in someone else's hands, and folded sensor tech into their own company as a core component. This was also the age where Canon was eating Nikon for lunch through superior design and marketing, so Kodak lost not only a large customer, but their remaining ones were being pummeled in the market. Nikon followed soon afterward, though in the long run they were unable to sustain their own semiconductor R&D and now run primarily Sony sensors. Kodak went from the go-to OEM for sensor technology to nibbling at the extremely niche sector of scientific equipment photo sensors and rich-surgeon-toy cameras like the Leica M9. It's a sad tale really, and while I'm sure Kodak had many opportunities to avoid their demise, the whole story isn't quite a textbook tale of ridiculously bad management. Nowadays there are few companies actually building digital sensors. Canon is the big one, Sony is the next big one (which also power Panasonic, Olympus, Nikon, Pentax, and Sony's own cameras). Samsung is the straggler - their OEM business has gone kaput in recent years, but they are still building sensors for their own cameras (which are largely failing in the market). Fuji is the standout in the pack, still making their own sensors despite being comparatively a tiny fish in the pond.