CBC are destroying the records regardless.
Case in point, this recent restoration of Morecambe and Wise by BBC R&D: http://www.bbc.co.uk/rd/blog/2017-12-morecambe-wise-video-fi...
They laser cut the film apart, then used X-ray microtomography to scan the film and some very clever software to unwarp layers from the 3D data produced by the X-ray microtomography process. Not exactly something we could've done 5 years ago.
Please post to HN front page and re-post as updates occur!
In the case of the Morecambe and Wise recordings, this was video to film (with an additional step to try to lose information in the first conversion so that the scan lines were less visible) so the interesting technique here was simply in restoring a degraded source. Unlike scans of film negatives, there is no way a new process or technique is going to dig out information that the original low-fidelity recording system was simply unable to capture.
Now if the support is in poor conditions, perhaps the technologies mentioned in the other posts are worth considering. But if it is a tape or film stored in decent condition, it is unlikely that future techniques will add much to current ones.
Magnetic tape is hard to keep. Film is even harder, it is flammable and decays as well. Needs controlled atmosphere to keep well.
Digital data tapes have a nice layer of error correction on top.
Better than film, but still requires some care.
In contrast, I can read anything from the Barbarastollen with a magnifying glass and sunlight, today and in 500 years.
I bet in the very long term it's not. I suspect that error correction on digital tape is only meant to address the problem of magnetic spots flipping or fading over time, but the tapes are throwaways as soon as there's detectable physical degradation or disintegration. Contrast with analog tape (or to speak to your point, film) which can be handled in all kinds of crazy ways (cleaning, baking, coating, etc.) in order to get at least a partial or imperfect copy of the original made.
The cellulise acetate used for 16mm films up through the 80s has to be kept in humidity and temperature controlled environments or it breaks down quickly into acetic acid which accelerates the process further.
Cellulose acetate film was introduced to replace highly unstable nitrate stock in the 30s. With in a decade of its introduction, archives were reporting significant degradation and it was realized that it needed to be stored in climate controlled conditions. It wasn't until the 80s however that serious efforts were put into preservation or development of better archival mediums.
Of course this was touched on in the article. Wikipedia had more information.
On the other hand, it's also clearly an issue of controlling who has access to the material - I highly doubt it will be simply dumped online for free. So once you take it out of the live, high maintenance archive, you will not throw it in the rubbish or donate them to a friendly NGO, since that might limit your ability to control it in the future.