The Kodak bankruptcy has almost nothing to do with film.
The world-wide film and related products market is now far smaller than what Kodak needed to fulfil its obligations to its shareholders.
We can complain about how Kodak has dealt with it's film and related products operations, and we certainly can decry the apparently bone-headed decisions Kodak has made to attempt to replace the profits that film and related products used to be able to supply, but ...
The bankruptcy has almost nothing to do with film.
“Photography is a complex and fluid medium, and its many factors are not applied in simple sequence. Rather, the process may be likened to the art of the juggler in keeping many balls in the air at one time!”
Ansel Adams, from the introduction to The Negative - The New Ansel Adams Photography Series / Book 2