Sounds like they only told part of the story. Kodak will no longer be manufacturing APS cameras (that's understandable). They will no longer be selling 35mm reloadable film cameras in the US, Canada and Western Europe. They will, however, sell them in countries in Latin America, Eastern Europe, Asia, etc. And they will keep selling their disposable film cameras everywhere.

With these new markets (they say their is double digit growth in them for film cameras) and current markets, Kodak film isn't about to go anywhere (in fact, they're introducing some new films in February or March.