For Kodak, making film is the cash source to develop digital.
Digital is not profitable for anybody, yet its considered the future. Everybody is fighting to be the last guy standing. Canon ? Kodak ? There will be only one winner.
SO film ( and chems ) will contiune. The film plant is new, efficient, and profitable.
It's likely the paper situation was not.
We all face the same problems. I KNOW I could have a big income from doing some types of photography. But the overhead would be so great, the profit would be tenuous. SO, I opt out of that market. For Kodak, why not abandon the b&w paper market, and put their eggs someplace else ? They had long ago focussed their attention of commercial products rather than 'fine art'.
Making D-76 is easy, so it's VERY profitable.