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 at least 25% per year in the first decade of the 21st century. In 2009, Polaroid was acquired by PLR IP Holdings, LLC make which uses the Polaroid brand to market various products often relating to instant cameras. Among the products it markets are a Polaroid branded Fuji Instax instant camera, and various digital cameras and portable printers. , film continues to be made by the Polaroid Originals (previously the Impossible Project) for several models of Polaroid camera, and for the 8×10 inch format. Other brands such as Lomography, Leica, Fuji-Film, and etc. have innovated new models and features to