James Langley

ROCHESTER, NY—Eastman Kodak moved to gain sole possession of Kodak Polychrome Graphics (KPG) on January 12 with a proposal to purchase Sun Chemical's 50 percent interest in the joint venture for $817 million, then shocked the industry later in the month with the news that it was acquiring Creo for about $980 million. Kodak will redeem all of Sun Chemical's shares in KPG for $317 million in cash at closing, $200 million in cash in the third quarter of 2006, and $50 million in cash annually from 2008 through 2013. The transaction is expected to close in April. The pending Creo acquisition, at a

On Demand Closes Doors on Its New York City Run NEW YORK—Two surprises awaited exhibitors and attendees at the recent 2004 On Demand Conference & Exposition. Unfortunately, they both related to the event itself. On the first day, word spread of a change in location and timing for the next installment of the industry forum, which is scheduled to be held May 17-19, 2005, at the Pennsylvania Convention Center in the heart of Philadelphia. There was no formal announcement, so most exhibitors first learned of the move when they were approached about reserving a booth for the 2005 show. The second surprise awaited attendees