Polaroid ceases instant film production

Sections: Imaging

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This was clearly inevitable with the rise of digital technology in the late 20th century. Polaroid is closing its instant film producing factories in Massachusetts, Mexico and the Netherlands some time next year. If you own a Polaroid, you’d better enjoy it while it lasts as you won’t be able to buy any more instant films.

Polaroid now focuses on generic consumer electronics such as digital cameras, printers and scanners as it tries to survive “for the next 30 to 40 years,” Tom Beaudoin, Polaroid’s president, chief operating officer and chief financial officer, said.

Read [BusinessWeek]

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