📺 Stream EntrepreneurTV for Free 📺

128-Year-Old Kodak Looks to the Future With Launch of Instagram Competitor The company's new app aims to take the noise out of social media and photo sharing.

By Nina Zipkin

entrepreneur daily
Kodak Moments

With its sights set on Facebook and Instagram, 128-year-old Kodak will roll out its new photo sharing and storytelling app, Kodak Moments, at SXSW.

Not to be confused with Twitter Moments or Facebook Moments, the new app, from Kodak Alaris, is hoping to parlay positive feelings about the brand and the "Kodak Moment" into a user base for the new app. Up to this point, the Kodak Moments platform has only been used to make prints of users' digital images.

The troubled company was famously a bit late to the party regarding innovations in digital photography -- the first digital camera was invented by a Kodak engineer in 1975, but the company clung to film and nothing ever came of it. In 2013, a restructured Kodak exited its Chapter 11 protection after filing in 2012, moving away from cameras and more towards mobile technology.

Related: 3 Signs Your Social Strategy Needs Help -- and the Solutions

With the ad-free Kodak Moments app, users can edit photos and share images and text with their followers within the app, or on other social-media platforms. Although Kodak Moments looks to be following in the footsteps of photo-sharing sites such as Facebook and Instagram, the company is banking on it to uphold its traditional business: selling prints, ordered directly through the app.

"We're not interested in showing you ads or selling your data ... we're not in that business," says David Newhoff, Kodak Alaris' vice president of Product Mobile Imaging -- Consumer.

Related: 15 Tips to Grow a Social-Media Audience for Your Startup

While the Kodak Moments platform was initially more geared toward young families, Newhoff believes that the app would appeal to anyone who is frustrated with the content they find on Facebook, Twitter and Instagram.

Newhoff called SXSW a "perfect platform" for the app's debut, citing the successful launches of Twitter, Instagram (which is now owned by Facebook) and photo-sharing app Path, which was bought by Korean internet company Daum Kakao.

Related: How Shutterstock Is Training Its System to Help You Find Better Photos

Kodak may be positioning Moments as a different kind of service than Facebook or Instagram, but it's still leveraging those more established sites as a way to build up its app's user base from its already established customers. Right now, Kodak suggests people for you to follow, and you can invite people through your contacts, but soon there will be a way to send invites through Facebook.

You can get started on the app by pulling in photos from not only your photo roll on your phone, but Dropbox, Facebook and Instagram. Kodak Moments will be available in the U.S. first on iOS, with an Android version to come in late May to early June.

Nina Zipkin

Entrepreneur Staff

Staff Writer. Covers leadership, media, technology and culture.

Nina Zipkin is a staff writer at Entrepreneur.com. She frequently covers leadership, media, tech, startups, culture and workplace trends.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Thought Leaders

It's the End of the Entrepreneurial Era As We Know It

With the rise of advanced technologies and AI, are we losing all sense of the independent business person and entrepreneur?

Business News

These 4 Words Make It Obvious You Used AI to Write a Paper, According to New Research

Scientists are increasingly using ChatGPT and other AI bots to write studies.

Science & Technology

Exploring How Virtual Reality is Changing Startups

Virtual reality's immersive environment is where startup marketing is headed, and early adopters will be the ones who profit.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Side Hustle

He Started a Luxury Side Hustle at Age 13 — Now the Business Earns More Than $10 Million a Year: 'People Want to Help You When You're Young'

Michael Morgan, now the owner of Iconic Watch Company, always had a passion for "old things" — and he turned it into a lucrative venture.

Business News

'They're Scared': PNC Arena Bans New York Residents From Purchasing Tickets Ahead of Rangers, Hurricanes NHL Playoff Matchup

The two teams will face off in Game 1 of the second round of the Eastern Conference fight for the Stanley Cup.