Salon wrote Sad fact: America’s silent films are disappearing "According to a study conducted by the Library of Congress, 70 percent of American silent films are lost–and a good portion of the remaining ones aren’t exactly in great shape, either. Of the 11,000 films made before ‘talkies’ came into the picture, only about 3,300 are left. Of those, 17 percent are incomplete, and some, like the only missing Greta Garbo feature, The Divine Woman, are down to a single remaining reel. What happened?"
The Library of Congress report is here in pdf form.
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