StudioDaily.com has an
article by
Bryant Frazer about the end of film:
It's been a year of feel-good stories for fans of motion picture film. Quentin Tarantino converted the New Beverly revival house in Los Angeles, California to a 35mm-only screening venue. Christopher Nolan's Interstellar became the latest title to get a fifteen-perf IMAX release, and theaters showing IMAX, 70mm, or 35mm film prints will be allowed to premiere it two days before digital-only venues. Most importantly, a small group of directors, including Tarantino and Nolan, was said to have convinced several studios to make purchasing commitments that would keep Kodak manufacturing film stock in the years to come.
But, earlier this month, news broke that Kodak was set to eliminate jobs, including seventy at its headquarters in Rochester, New York, where motion-picture film manufacturing takes place. According to George Conboy, chair of Rochester financial-services firm Brighton Securities, Kodak's film production is running about ninety percent below plan for the year. That's right: Conboy believes the company has produced only about ten percent of the film stock that it had budgeted for in 2014.
What about that campaign to keep Kodak's film production lines running for several years, reportedly underwritten by purchase commitments from Warner Bros., Universal, Paramount, Disney, and The Weinstein Company? Conboy thinks its value has been exaggerated, citing a source inside Kodak's film manufacturing operations, who he says told him that only Disney has signed such an agreement. "My opinion is that the studios are giving lip service to the availability of film for their more sensitive auteurs," Conboy tells StudioDaily.
Rico says it's been a long time coming, and they're gonna go, kicking and screaming...
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