A new study on digital film storage prices is stunning the new Hollywood crowd and not in a great way! The NY Times article (see link here: the potential costs of digitally archiving movies). recaps a recent study by the Academy of Motion Picture Arts and Sciences: the figures noted include:
storage for a digital master record of a movie costs about $12,514 a year,
versus the $1,059 it costs to keep a conventional film master.
Digital Film storage could cost $208, 569 per film according to NY TIMES story based on new study.
TECHcrunch.com recaps this by saying that : Much worse, to keep the enormous swarm of data produced when a picture is “born digital” — that is, produced using all-electronic processes, rather than relying wholly or partially on film — pushes the cost of preservation to $208,569 a year, vastly higher than the $486 it costs to toss the equivalent camera negatives, audio recordings, on-set photographs and annotated scripts of an all-film production into the cold-storage vault. Here's the link to the complete techcrunch.com post: Digital Fear-Mongering And Hollywood Accounting
TechCrunch, CA -
As movies go digital, they are presenting new archival challenges for the film industry. Film cannisters stored in a salt mine last a lot longer than a hard ...
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If, instead, Hollywood focused on storing (and making many, many copies) of the content in more open, easily accessible formats, this wouldn't be a problem ...