WROC TV in Rochester is reporting that Kodak is shutting down the plant that makes acetate base. Most film gets put on an acetate base, so this is a rather serious issue, if true. (Update: some films use a polyester base.)
While Kodak apparently has a large stockpile of acetate already produced, once they shut down the acetate-making machines, they won't likely be turned on again, ever. Kodak would eventually be dependent upon another manufacturer for acetate some time in the future (remember, the group selling film is in the process of being transferred to the Kodak UK Pension Plan).