Motion Picture Films are Driving Kodak’s Consumer and Film Division

Kodak’s First Quarter 2018 Financial Report revealed that while the film division isn’t among the strong performers, motion picture films saw increased revenues.

According to Kodak’s First Quarter 2018 Financial Report, the company had a net loss of $25 million over $357 million in revenue for the quarter that ended on March 31, 2018. Continued growth was seen for the KODAK SONORA Process-Free Plates, KODAK FLEXCEL NX Packaging, and KODAK PROSPER Inkjet imaging solutions. However, the Consumer and Film Division didn’t do so well with revenue of $48 million – a $1 million decline compared to the same quarter last year.

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Where and How to Develop Kodak Vision 3 Motion Picture Film

Screenshot image from the video on Kodak Vision 3

So, you want to get your hands on some Kodak Vision 3 Film and try it out for still photography. But, first things first — where or how do you get it developed? To the rescue comes the Michael Raso of the Film Photography Podcast with some developing tips for what he considers one of the most spectacular color film on the planet.

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Kodak Motion Picture Film Will Continue to be Purchased by Studios

Kodak Vision3 50D Super 8mm Motion Picture Negative Film

A couple of months ago, much of the movie industry decided to make a move towards digital formats and away from film. Some like JJ Abrams (in the case of the next Star Wars movie) though decided to stick it out with film. Indeed, Kodak even came out with a new Super 8 film emulsion two years ago. This is despite the company’s film sales taking a 96% dive since 2006.

The latest in this story though comes from the Wall St. Journal, who is reporting that directors have banded together to help save the format–and have come to an agreement where studios will continue to purchase a set amount of film for the next couple of years despite mostly converting over to the digital world and workflow. Amongst these directors are Quentin Tarantino, Christopher Nolan, Judd Apatow, and J.J. Abrams.

According to the Wall St Journal, “Among the studios in talks with Kodak are Time Warner Inc.TWX -0.64% ‘s Warner Bros., ComcastCorp.’s CMCSA -1.95% Universal Pictures, Viacom Inc. VIAB -1.15% ‘s Paramount Pictures and Walt Disney Co.DIS -1.11% ‘s Walt Disney Studios, as well as Weinstein.”

In the world of professional cinematography, this is going to be a very interesting move since most companies shoot all digital and their workflow has switched to this format too. While it could also be considered a step backwards, it is also seen as a slow in the progression towards a fully digital world.