Martin Scorsese's love of old films

According to numerous widely reported wire service articles, Martin Scorcese has launched a new foundation to preserve negelected films. Reuters reported

Director Martin Scorsese launched the World Cinema Foundation on Tuesday in a bid to preserve neglected films for posterity and restore others that have been damaged.

Inspired by a similar venture in the United States that Scorsese launched with George Lucas, Steven Spielberg and Clint Eastwood, the nonprofit foundation was formally unveiled at the 60th Cannes Film Festival.

"This goes back to the founding of the Film Foundation in America," Scorsese told a news conference.

"That was started in 1990 and for the past 16 years that actually has changed and things have gotten different there in terms of restoration of films and preservation of archives." 

Let's hope some of his the foundations' preservation efforts go to restoring silent films.