Paramount becomes the first big Hollywood studio to embrace digital-only U.S. releases. Others are expected to quickly follow suit.

Paramount stops releasing major movies on film - latimes.com

Roll credits.  For more than a century, Hollywood has relied on 35-millimeter film to capture its fleeting images and deliver them to the silver screen. Now, in a historic move, Paramount Pictures has become the first big studio to stop releasing its major movies on film in the United States.  The studio's Oscar-nominated film "The Wolf of Wall Street" is the studio's first movie in wide release to be distributed entirely in digital format, according to theater industry executives briefed on the plans who were not authorized to speak publicly.