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Paramount reportedly abandons film for digital-only movie releases

19
Jan
2014

Hollywoods digital-only future is quickly approaching. Though the studio hasnt made an official announcement, the Los Angeles Times is reporting that Paramount Pictures has become the first major Hollywood studio to phase out 35-millimeter film for its big theatrical releases in the US. Though Paramount has reportedly abandoned traditional film in America, it will still ship movies using the format to other regions, including Latin America. While the majority of movie theaters in the country have made the switch to digital — an estimated 92 percent of American movie screens support the format — there are still some holdouts due to the high price of digital projectors, which can cost in the neighborhood of $70,000.

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