Eastman Kodak Co has asked the US bankruptcy court to void an estimated $US4 million-a-year contract to have its name on the Hollywood theatre that hosts the Oscars. Kodak said in court documents that it was filing a motion to reject the contract and that the theatre should take all steps necessary to remove the company's naming rights and signage associated with it. About 10 years ago, Kodak agreed to pay $US74 million to developers to see its name on the 3,400-plus seat theatre. The building is owned by CIM Group. A spokesperson for CIM was not immediately available to comment. "Kodak is proud of its important role in the entertainment industry, and our long-standing relationship with filmmakers. Our motion today reflects our commitment to ensure that we are maximizing value for our entertainment customers, creditors and other stakeholders," the company said. Kodak's bankruptcy on January 19 has been reverberating through Hollywood in several ways.