A few months ago didn't we read that Kodak was contractually obligated to provide 35mm stock for cine-camera use until 2014? The tone of the information was that supply after that previously contracted date was in question. It was unclear if print-positive material was included, but can the whole world of cinema's go digital that quickly, given the high capital cost of replacing film-projectors with digital? (And no, I can't find the article which I am busy trying to remember, dohhhh.) So it looks as though the contracts signed by Fuji finish sooner than those signed by Kodak.
The information was from part of the bankruptcy renegotiations. Reported in August 2012 here.
Highlights are basically....
According to a court filing this week, Kodak says it has managed to have its supply agreements with studios rewritten to provide:
Higher 2012 pricing;
Material share commitments, subject to certain exceptions;
Extension of termination dates to 2014 or 2015;
Generally potential annual price increase after 2012 (excluding commodities) versus existing contracts;
Commodities price increase generally with no cap or commodity price indexing; and
A sunset clause allowing Kodak to exit motion picture film manufacturing with 180 days’ notice.
This leaves Kodak as the sole cine-film manufacturer in a few months, but with very reduced obligations going forward.
Last edited by MartinP; 12-23-2012 at 05:15 PM. Click to view previous post history.