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Originally Posted by N2IXK
Sounds like the same combination of shortsightedness and hubris that killed Eastman Kodak.
They essentially invented digital photography, back in the 1970s, but the management didn't want it to cannibalize their bread and butter film sales. So they sat on the patents and basically did nothing with them. Once the patents expired, it was too late for Kodak to dominate the industry, and the technology took off and killed the film market anyway. A great video presentation by former Kodak engineer Steve Sasson is available here:
http://vimeo.com/31404047
, which goes into the technical details of the invention, and touches on the piss-poor business decisions that eventually killed the company.
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Another reason for the digital 'replacement' of film would be the quality of the laboratory work on the 35mm film went to pot. Towards the end of film in my theatre, I could see the image on the screen bouncing up and down like crazy, and I knew for a fact that it was not a defect in my machines. The film printers were being run so fast that there was no way for the image to stablize as the transfer was being made to the film stock.
Kodak Vision Premier film is probably the best color stock they ever made.
But no, Hollywood spread the word about the flicker free image on digital and acted like film was so old school, even though they had made quality prints for 100 years that won technical awards for the industry.
I'm still watching Kodak die. I truly hate seeing this.