I still hope they are, but facing some (predictable) difficulties.
They are definitely working with full energy on their R&D research for color negative film. But developing new color film is extremely difficult.
I highly recommend to read R. Shanebrook's excellent book "Making Kodak Film". And in addition to watch the 3-part series about Kodak film manufacturing on the "Smarter every day" youtube channel.
Harman - or anyone else - cannot do with a much smaller team what Kodak, Fujifilm, Agfa, Ferrania, Sakura / Konica have done for many decades with much much bigger teams and much much higher funding.
Harman had started a very long lasting "travel": A travel for many years and decades.
We certainly will not see a new, improved emulsion "every year". That is an unrealistic expectation, which will only result in disappointment.
This excellent project needs time and patience.
Not being transparent about the next incarnation of Phoenix is not a good sign especially considering that we the consumers are funding this development, at least partially.
Concerning the "funding" Harman has choosen the best and most fair approach for their customers:
- those who want to support their efforts can buy their Phoenix 200 and Red films
- no one is forced to buy anything from them
- if you are not interested in their color film, just use their BW film - all is fine.
I think Harman is doing the right approach here with this new Harman Red film:
- they are using the existing Phoenix film, therefore no additional film R&D costs
- only a new cardboard box and the red lid for the plastic canister are used, so very low additional costs for the product
- an additional niche of customers can be served, a completely new niche for Harman, so this film creates additional demand for Phoenix
- therefore additional income for further color film R&D.
It is a win-win situation for Harman and their customers. Including those customers who are not interested in this film.