Ade-oh said:
They certainly used to and if Fuji and Kodak pull out of film completely (which I doubt) it might well be profitable for them to do so again.
In any case, the question is, fundamentally, will film survive? My view is that it will, as a niche product for enthusiasts who like to use it and for some 'niche' pros as well. Of course it won't be a mass market product, any more than pro-spec DSLRs are a mass market product, but I predict there will be enough demand to keep film profitably in production for the rest of my lifetime.
I hope it does survive as a niche market. But the available information seems to me to argue against it.
Polaroid was held up as a prime example of a niche market. Now that it's gone, the same people who said it was a nice stable niche market are now saying it was a niche of a niche, and doesn't count. Well, ok. I guess.
My question would be - from whence will come the niche maker? The evidence seems to be that film manufacturers produce until it is no longer profitable to do so, and they they stop. They don't seem to 'throttle down' so much as they just stop. I am told some B&W outfits in the former eastern bloc countries stop and start from time to time - produce a few batches, then shut down again. But that's not color, just B&W. And it is hard to keep people on the payroll for a couple weeks a year.
So my idea of a what a niche market producer would be would be someone who buys some old equipment from Kodak or whomever (Ferrania has a factory in OK, Mitsubishi had one in Rye, NY), and build something on a small scale that would be maintainable.
But I doubt it would work in the USA. Kodak is / was listed as one of the biggest polluters on earth by the EPA - they could keep on doing as they had been only because they had been around so long they were grandfathered past many environmental regulations. I doubt a new plant is going to get EPA certification to make film in the USA. For the same reason, I doubt Kodak, etc, can simply sell a film factory to another company and have it take over operations.
The areas of the world where pollution is not such a concern and the capability exists to make film seem to be centralized in certain regions of China. And in fact, Kodak and Fuji make a lot of film in China.
But if you have been following the news (I do), Kodak, which had previously (and disastrously) invested a billion dollars into the Chinese film manufacturing industry because they thought that emerging market would buy film instead of digital cameras, has demanded (and received) permission to spin off their investment in Lucky. Lucky was forced to issue hundreds of millions in bonds to buy themselves out of Kodak's grip. Lucky now stands alone, and I suspect their luck has run out. Watch for them to quietly cease production shortly.
http://studio-5.financialcontent.com/smalltimes?Page=Quote&Ticker=EK
Kodak bought a huge stake in Lucky in 2003, and ended it Feb 10, 2008. They paid nearly a billion dollars and sold it for 37 million. Wow.
I'm sorry, I don't see a niche manufacturer emerging. I wish I did, I promise.