The Academy of Motion Picture Arts and Sciences announced that it has expanded its film preservation efforts under the banner of its Film-to-Film initiative – a $2 million effort to acquire and create new archival film masters and prints from at-risk elements. As the rise of digital technology drastically reduces the availability of film stock, the project accelerates the work of the Academy Film Archive. The project focuses largely on past Academy Award-winning and nominated films, including works made as recently as the 1990s.
“This is a moment of great transition for our industry, and we are responding to the urgency of that moment,” said Dawn Hudson, Academy CEO. “By increasing our preservation efforts now, we are building a vital pipeline of films and film elements that we will not only safeguard, but also make available for audiences well into the future.”
Source: Below the Line