TOKYO — Fuji Film has revealed that it will stop production of film stock for theatrical pics by the spring of 2013.
Fuji, which has been making film stock since its founding in 1934, is now taking last orders for its only plant making the product in Minami Ashigara, Kanagawa Prefecture.
Fuji will continue to produce its Eterna-RDS archive film for film preservation work, however, while halting production of film stock used for shooting, editing and screening pics.
The three biggest makers of film stock globally are Eastman Kodak with a 55% share, followed by Fuji with 35% and Agfa with 10%. From 2007 to 2011, however, worldwide demand fell 70%.
on Twitter for breaking news, reviews and more