Fresh off the announcement of the discontinuation of their Professional Ektachrome E100VS, Ektachrome E100G, and Elite Chrome Extra Color 100 slide films, Eastman Kodak has reportedly revealed plans to increase the price of their remaining films by as much as 15%. The price hike is a result of, what Kodak is calling, “further increases in energy and raw material costs, and higher costs associated with lower volumes.”
Amateur Photographer, who first broke the story, quotes Kodak’s rational thinking behind the increase as a necessary measure to “remain sustainable” and a “a viable business.” The 15% increase, Kodak believes, will allow the company to prolong its existence and maintain its workable nature, especially in the field of consumer and professional film.
A set date in which price-surges will begin to take hold has yet to be announced. However, all analog shooters who utilize Kodak film should stock up now while the getting is good.
Image Credit: ABC News