Polaroid

Zombie

1937–2001

The instant camera died. The brand got slapped on flat-screen TVs.

Industry Technology
Headquarters Waltham, MA
Founded 1937
Died 2001
Peak employees 21,000
Peak revenue $2.0B (1991)
Cause of death Disruption

Edwin Land founded Polaroid and invented instant photography, a technology so magical it felt like a magic trick every single time. Andy Warhol was obsessed with it. Ansel Adams consulted for the company. The SX-70, introduced in 1972, was one of the most elegant consumer products ever made.

Digital cameras killed instant film's reason to exist. Polaroid filed for bankruptcy in 2001 and again in 2008. The brand was sold to a holding company that licenses the name to whoever will pay for it. Today, 'Polaroid' appears on action cameras, portable printers, TVs, and tablets made by third-party manufacturers in China. None of them have anything to do with Edwin Land's vision.

The Impossible Project (now Polaroid Originals, now confusingly also called Polaroid) bought Polaroid's last film factory and produces new instant film for vintage cameras. It's the closest thing to a real continuation of the original company, but it's a niche product sustained by nostalgia, not the dominant consumer technology Polaroid once was.

Timeline

1937

Edwin Land founds Polaroid Corporation

1948

Introduces the Land Camera Model 95; instant photography is born

1972

Launches the SX-70, an engineering and design masterpiece

1991

Peak revenue of ~$2 billion

2001

Files first bankruptcy as digital cameras rise

2008

Files second bankruptcy; announces end of instant film production

2009

Brand sold; licensed to various manufacturers

2017

The Impossible Project rebrands as Polaroid Originals

disruptiontechnologyphotographyzombie2000s