Kodak last month announced it had finalized film supply agreements with 20th Century Fox, Warner Bros. Entertainment, NBC Universal, Sony Pictures, Walt Disney Co., and Paramount Pictures that will see the company continue to supply them motion picture film. Kodak spokesman Chris Veronda said these agreements were insurance enough for Kodak to plan to make motion picture film for years into the future. Due to the transition to digital technology, Kodak’s motion-picture film sales plummeted 96% between 2006 and 2014, making the business unsustainable. However, prominent directors including Christopher Nolan, Quentin Tarantino and J.J. Abrams, played a key role in lobbying the studio chiefs.
Kodak inks six Film deals with Hollywood
18 March 2015