The emulsion is on the wall, so to speak.
Film is finished as a mainstream exhibition format after more than a century. Roger Ebert, a long-time video projection skeptic, proclaimed as much a little over a week ago.
One can see where he’s coming from. High-end digital projectors have overtaken 35mm in the multiplexes. Kodak shares briefly flirted with penny stock status. The only good news coming from the company lately was, ironically, the leasing of laser projection patents to IMAX, which will shortly replace its last remaining 70mm installations with digital machines.
As film’s share of the market shrinks, there will be increasing pressure to discontinue the format altogether. The studios would rather it had been discontinued yesterday.
At first glance, digital represents a clear cost-saving. No more laboratories, no more prints, no more warehouses, no more trucks—a frictionless distribution infrastructure without the grease and rust. The future is shiny: hard drives, servers, eventually satellite transmission without any physical medium whatsoever. The next time some fussy filmmaker is haggling over final cut a week before release, there won’t be any rush orders at Technicolor—4,000 prints by Wednesday. The newly conformed digital intermediate can be uploaded by supper.