Kodak motion picture film was famously saved from what looked like certain death by a coterie of high-profile filmmakers who lobbied studios in 2014 to place long-term orders with Kodak to keep film alive.
Fast forward to today and while Kodak is very much in the motion picture film business, it’s still difficult for productions to find locations to process said film. Kodak is working to rectify that by slowly building, leasing and partnering with facilities in major production cities to process its motion picture film.
The latest move is new 5-year lease on part of the Ken Adam Building at Pinewood Studios in the UK to establish a new film negative processing lab.
The Pinewood deal follows a similar move in Atlanta, Georgia, where Kodak acquired a processing lab to develop film for The Walking Dead and other film and television productions. Kodak has also built an entirely new film lab in Queens, N.Y.
While a shell of its former self, Kodak posted a modest $7 million profit in its most recent quarter.