From what I read on APUG, Kodak has an issue with scaling down certain of its paper production processes, which is why b&w production has stopped. On the other hand, they have just announced some new film products, including an 800 ISO colour negative film, and a new line of movie film including Super 8. Amazing - who would have thought there were still enough Super 8 users out there? The end of the world is not nigh...
Then you have new products from Rollei (re-badged Maco films), Fuji continue to release new films, Ilford have new products including the re-release of postcard paper. I can count at least 15 film manufacturers and several paper makers, so don't worry, just get out and take photos and keep buying the products.
Thomsk