Polaroid Corporation it had asked for. In 1977, Land introduced the Polaroid Instant Home Movie camera named Polavision, based on the Dufaycolor process. However, the product arrived on the market when videotape-based systems were rapidly gaining popularity. Thus it failed to sell well in retail stores and has been described as the swan song for Polaroid. After four decades as chairman, Edwin Land was coerced into resigning and leaving the corporation he had founded. He died in 1991. The "Polavision" debacle eventually caused the company to write off $89 million, including most of the manufactured products. The underlying technology of Polavision was
Instant camera in a single compartment, was invented in 1923 by Samuel Shlafrock. During 1977, was the height of the Instant Camera popularity but around 1979, Started the decline of Polaroid cameras. There were newer, smaller, and less expensive cameras and recording devices being introduced which was the start of the digital photography age being born In February 2008, Polaroid filed for Chapter 11 bankruptcy protection for the second time and announced it would discontinue production of its instant films and cameras, shut down three manufacturing facilities, and lay off 450 workers. Sales of the analog film by all makers dropped by