This is from AGFA UK:

Dear Mr. B,

Thank you for your e-mail.

Medium format films are currently under review by many manufacturers including Agfa but we have made no decision to discontinue it. The vast
majority of 120 film has traditionally been bought by professionals but it is also this market that is turning most rapidly to digital technology.
There is no denying that 120 sales are declining.

Taking these market trends into account we will be examining the situation very closely to determine future manufacturing capacity. Should we take
a decision to discontinue 120 format, a proper announcement will be made in the Photographic press.

I hope this information is of help.

Regards,
Philip Miller
Corporate Communications Manager
Agfa UK