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Paramount first Hollywood studio to abandon film prints | Paramount first Hollywood studio to abandon film prints |
(about 2 hours later) | |
Paramount has become the first major Hollywood studio to abandon showing its films on print, and commit itself to entirely digital distribution. | Paramount has become the first major Hollywood studio to abandon showing its films on print, and commit itself to entirely digital distribution. |
According to a report in the LA Times, the studio has quietly made Martin Scorsese's stockbroker-excess fable The Wolf of Wall Street the first Hollywood film to be released entirely on digital formats in the US – ironically as Scorsese has spearheaded attempts to preserve decaying film prints in national archives around the world. | According to a report in the LA Times, the studio has quietly made Martin Scorsese's stockbroker-excess fable The Wolf of Wall Street the first Hollywood film to be released entirely on digital formats in the US – ironically as Scorsese has spearheaded attempts to preserve decaying film prints in national archives around the world. |
According to the Times, the decision was taken behind closed doors, with Anchorman 2: The Legend Returns the final offering the studio made with showprints available. | According to the Times, the decision was taken behind closed doors, with Anchorman 2: The Legend Returns the final offering the studio made with showprints available. |
This development comes on the back of a concerted charge by major film industry players to convert cinemas to digital projection systems. Now only 8% of US cinemas can screen a 35mm print. The commercial advantages are clear, with each print costing distributors around $2,000 (£1,200), and each digital copy under $100 (£60). The digital systems also make it possible for cinemas to show 3D films, for which they charge higher ticket prices. | |
Film prints have not been entirely abandoned, however, as Paramount will make them for overseas cinemas in Latin America and Asia, where digital take-up has been slower. Nor does it mean the end of shooting on film, with directors such as Christopher Nolan still committed to the format. Interstellar, Nolan's upcoming sci-fi film, is being shot on a combination of 35mm and Imax. | |
• Don't keep it reel: why there's life after 35mm• Save celluloid, for art's sake | • Don't keep it reel: why there's life after 35mm• Save celluloid, for art's sake |
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