Kodak Exec Unveils Plans to Keep Film Product in Hollywood

Kodak emerged from Chapter 11 bankruptcy this week and has a plan to keep its product in Hollywood, despite a market that favors digital imaging. While more than 75 percent of the world’s cinema screens currently support digital projection, Kodak has commitments to provide film to the major studios for production needs and distribution, deals that run through 2014 or 2015 (depending on the studio). Filmmakers such as J.J. Abrams and Christopher Nolan are using celluloid for their movie projects. Continue reading Kodak Exec Unveils Plans to Keep Film Product in Hollywood

Distribution of Film Prints May Soon End in North America

The end of celluloid film distribution in North America may come as soon as the end of this year, as the transition from film to digital continues. Michael Karagosian, president of MKPE Consulting, said that by the end of last year, 75 percent of worldwide cinema screens had already made the digital transition. This is expected to be an important topic this week at the annual CinemaCon convention in Las Vegas. Continue reading Distribution of Film Prints May Soon End in North America

Hollywood Digital Push Brings Together Technicolor and Deluxe

  • Technicolor Inc. and Deluxe Entertainment Services announced a new partnership for film print production and distribution, as the demand for film prints continues to wane.
  • According to the Los Angeles Times: “Technicolor will subcontract its 35mm film print business in North America to Deluxe,” while “Deluxe will farm out its 35mm print distribution business to Technicolor.”
  • Technicolor closed its North Hollywood plant earlier this year, and will soon close a plant outside of Montreal.
  • Technicolor will open a smaller facility in Glendale focused on producing prints for IMAX and other big screen theaters.
  • Plummeting demand for prints stems from theaters converting to digital projection; the transition has taken place in nearly half of the 42,000 screens in the U.S.

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