Fujifilm sees which way wind is blowing, ends production of cinema film

Fujifilm sees which way the wind is blowing, ends cinema film production

Since your average talkie is now recorded onto SD card and SSDs, companies that produce old-timey film are feeling the squeeze. As such, and despite its own efforts, Fujifilm is shuttering a large part of its cinema business by March 2013. While it’ll continue to produce stills film (for the time being, at least) and archival material similar to Kodak’s Asset Protection film, moves are under way to redirect its focus toward digital tools that won’t be left behind as people start to make movies on their smartphones.

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Fujifilm sees which way wind is blowing, ends production of cinema film originally appeared on Engadget on Thu, 13 Sep 2012 16:59:00 EDT. Please see our terms for use of feeds.

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Kodak to sell the film business that made it so famous

Kodak selling film business

Kodak is selling off its renowned film arm in order to revive its moribund fortunes. It’ll join sales of the company’s patent portfolio, online gallery, commercial scanning, photo kiosk and theme park businesses so it can concentrate on a not-yet successful printer enterprise. It needs to raise more than $660 million to pay back creditors before it can emerge from Chapter 11, which it aims to do early next year — but not in any form that we’re likely to recognize.

[Image Credit: MercerFilm]

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Kodak to sell the film business that made it so famous originally appeared on Engadget on Fri, 24 Aug 2012 05:29:00 EDT. Please see our terms for use of feeds.

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