Eastman Kodak (EK: 1.16, -0.03, -2.52%) is trying to sell its online photo-sharing business as looks for additional cash to help fund its turnaround, according to the Wall Street Journal, citing people close the matter.

The struggling photo company has approached photo-sharing web sites, competitors and private-equity companies about a possible sale, according to the report.

The disposable unit enables users to store their digital photos online and print them for personal use in cards, calendars and photo books, all free of charge.