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"Kodak is reportedly considering selling off its camera film and photo paper divisions. The bankrupt photography firm is introducing further cost-cutting measures as it continues its search for a buyer, according to BBC News.  Kodak was expected to announce new ownership last week, but the deal with its unnamed buyer appears to have run into delays and could yet fall through. The firm also reported a $665 million (\u00A3420m) net loss for the first six months of 2012, and has been selling off its portfolio of more than 1,100 digital imaging patents to help stem the decline. Google and Apple were said to have placed rival bids for the patent library, but The Wall Street Journal now claims that they have joined forces to form a consortium with Samsung, HTC and LG to reach a mutually beneficial agreement. Sources state that the consortium is planning to make an offer of around $500m (\u00A3315m) for Kodak&amp;#039;s portfolio, some way short of the $2.6 billion (\u00A31.6bn) the photography firm values it at. Kodak bowed out of the digital camera market back in February. It will focus solely on cinema film stock and chemicals should plans to offload its camera film and photo paper divisions go ahead.  "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/tech/news/a401673/kodak-to-offload-camera-film-photo-paper-divisions/>