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“It’s a Silent Fire”: Decaying Digital Movie and TV Show Files Are a Hollywood Crisis
(www.hollywoodreporter.com)
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They aren't spending the money to preserve film either. The best case is storing the film in salt mines, and that only slows the degradation. Film isn't being digitally scanned unless there's a uhd release to profit from it, and every week that it isn't scanned, it degrades a little more