I think that Kodak would have trimmed their film production capacity much sooner except the management was using that revenue to fuel the fire for digital products.
Certainly the worldwide recession and US near-depression over the past several years played a serious role.
Now, unshackled b y the digital albatross, Kodak can concentrate on coated products and get themselves righted.
I look forward to the return of Ektachrome and Plus-X in the near future. Maybe in special order quantities but I think it will come back.
I will be deeply saddened if we lose Kodak gold in 35mm. When that's gone the game is over for good.