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Kodak in Talks to Save Film Factory

July 30, 2014 07:54 | By

LR-Kodak Logo-emailLR-Kodak LogoAccording to a report in The Wall Street Journal, Kodak is currently negotiating with the big studios in an attempt to save the last Kodak factory that still manufactures film stock. With the advent of digital cameras, the company has seen film sales drop by 96% since 2006.

The Journal reported that several directors, including Quentin Tarantino, JJ Abrams, Christopher Nolan and Judd Apatow have been lobbying the studios to commit to placing long-term orders for film stock.

Fujifilm exited the business last year, leaving Kodak’s Rochester, New York facility as the last remaining supplier of film.

Kodak emerged from Chapter 11 bankruptcy protection last September, pledging that “… The motion picture film business will continue to be part of the company’s future.”