In a bid to raise money to fund its turnaround, Eastman Kodak Co. is trying to sell its online photo-sharing business, Kodak Gallery, people familiar with the matter said.

The people said the onetime film giant has approached photo-sharing websites, competitors, private-equity firms and retailers about buying the unit, which enables users to store their digital photos and print them out into scrapbooks, cards and calendars for a fee.

The Rochester, N.Y.-based company is seeking 'hundreds of millions of dollars' for Kodak Gallery, according to a person who has been approached to buy the business. But the site has been losing users in recent years, and the drop in traffic is a big deterrent to potential buyers, people who were approached say.

The efforts to sell Kodak Gallery come as the photography icon is scrambling to raise the cash required to fund an expensiveconversion into a company that sells printers. Kodak has been shedding assets at a greater pace in the last few months as part of that effort.

Kodak spokesman Gerard Meuchner declined to comment on whether the company was selling the online business. Kodak Gallery has 75 million members world-wide, he said.

DANA MATTIOLI

• gallery [´gæləri] n.画廊；美术馆；长廊 (初中英语单词)
• traffic [´træfik] n.交通，运输 (初中英语单词)
• expensive [ik´spensiv] a.费钱的，昂贵的 (初中英语单词)
• comment [´kɔment] n.&v.评论；评注；注意 (初中英语单词)
• potential [pə´tenʃəl] n.&a.潜在的；可能的 (高中英语单词)
• trying [´traiiŋ] a.难堪的；费劲的 (英语四级单词)
• conversion [kən´və:ʃən] n.转化；变换；皈依 (英语四级单词)
• spokesman [´spəuksmən] n.发言人 (英语六级单词)