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Kodak and AOL have announced that they are parting ways over their partnership, 'You've Got Pictures'.
'America Online and Eastman Kodak Co. on Thursday said they will end their partnership on a service for posting and printing photos online, citing declining film sales and a need to focus on their own digital strategies.
Kodak, the world biggest maker of photographic film, said the companies agreed to part ways on the "You've Got Pictures" partnership at the end of June, although the service will continue.
The service was launched in 1998, when digital camera sales were still tiny, as a way for subscribers to AOL's Internet service to drop off rolls of film for development at a local retailer, and get digital copies sent to an AOL account, where they could store, share or order more prints....
"We are devoting our energy to Ofoto and other online partners," said Kodak spokesman Gerard Meuchner. "(AOL) was just one of a number of relationships that Kodak established with its retail partners including CVS and Target ... to allow people to store, share and print pictures."' - Source
Speaking of Ofoto - Yahoo News also has a story reporting the rising trend for people to store and share images online using tools such as the Kodak's Ofoto.
'Millions of consumers have started to store their photos on Web sites offering unlimited free storage capacity, and the providers are racing to capture the booming demand. But unlike the excitement caused by Google's offer of one free gigabyte of email storage, the even more generous offers by photo sites such as www.ofoto.com and www.photos.fotango.com have hardly caused a ripple.
Yet Kodak-owned (NYSE:EK - news) Ofoto has over 13 million members and 450 million images stored on its Internet computers.
Every week, it adds five terabytes of memory to keep up with a further five million new images.'
Posted by Darren in our News category on June 19, 2004