Kodak Emerges From Bankruptcy, Film Division Stable & Profitable

Variety.com reports that Eastman Kodak officially emerged from Chapter 11 bankruptcy Tuesday and is counting the motion picture film business as one of its mainstays going forward.

While exhibition has almost entirely shifted to digital, reducing release prints to a small legacy business, many filmmakers continue to prefer to shoot on film.  Throughout its bankruptcy the company has maintained that professional motion picture film is still a viable business, selling billions of linear feet of film each year.

Read more at http://variety.com/2013/biz/news/kodak-emerges-from-bankruptcy-1200597234/

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