These days, nearly all of the films from all of the major studios are shot and edited digitally. Like Lubezki, filmmakers have switched to digital because it allows a far greater range of special effects, filming conditions, and editing techniques. Directors no longer have to wait for film stock to be chemically processed in order to view it, and digital can substantially bring down costs compared with traditional film. Distribution of films is likewise entirely digital, feeding not only the digital cinema projectors in movie theaters but also the streaming video services run by the likes of Netflix and Hulu. The industry’s embrace of digital has been astonishingly rapid.
From The Lost Picture Show: Hollywood Archivists Can’t Outpace Obsolescence – IEEE Spectrum