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Direct From Hollywood with Ryan Seacrest: Are Films as We Know Them Going Extinct? · Direct From Hollywood with Ryan Seacrest

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  Speaker 1: Direct from Hollywood with Ryan Seacrest.
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  Speaker 2: The movie industry might be having a bit of a
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  Speaker 2: revival with a healthy box office across the summer, but
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  Speaker 2: could the days of seeing a literal film be numbered?
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  Speaker 2: The dailies reports at Kodak, the one hundred and thirty
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  Speaker 2: three year old company it's been supplying a film to
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  Speaker 2: the entertainment industry since well before Hollywood was even established,
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  Speaker 2: is in severe debt and could be forced to close,
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  Speaker 2: which is particularly significant because they're currently the primary supplier
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  Speaker 2: of film for all movies still shot on it. Fujifilm,
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  Speaker 2: Kodak's former primary competitor, shuttered in twenty thirteen, and if
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  Speaker 2: Kodak were to go out of business, studios may no
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  Speaker 2: longer be able to get their hands on movie film.
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  Speaker 2: While the industry has shifted to digital cameras over the
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  Speaker 2: past two decades, many filmmakers like Christopher Nolaner Tarantino, Ryan
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  Speaker 2: Coogler still prefer real film. Simply put nothing rivals the
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  Speaker 2: texture in the field a thirty five millimeter film, So
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  Speaker 2: if Kodak closes, Hollywood will have to decide if they'll
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  Speaker 2: manufacture films themselves or abandon it. The good news is
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  Speaker 2: that Kodak is fairly confident they can crawl out of debt,
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  Speaker 2: so hopefully film will continue to be projected in movie
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  Speaker 2: theaters for a long time.
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  Speaker 1: That's direct from Hollywood.