I just saw a story on the AMIA listserv on preserving archival footage from WQED, a local broadcasting company in Pittsburgh, PA. The preservation action was performed by Preservation Technologies (a cool place to tour if you get the chance!) in Cranberry, PA, about an hour north of Pittsburgh. If you're familiar with WQED, you know they produced such amazing shows as Mister Rogers' Neighborhood (which are being preserved), along with many other PBS productions.
This grant-funded project is a rare opportunity for a public station because these types of stations cannot afford a project on this scale using their typical operating budget.
I can't wait to see the result of this mass digitization project!