>>4218540You're correct on everything except when you wrote that film captures a bigger color space. It's not the entire color space, it's more tones per color. One example would be taking a helicopter shot of a forest or blue seawater. Don't ask me about the exact detail, because I don't know the answer but it goes something along the lines of a camera sensor and an image processor giving you +/-1.5 million tones of green color, while medium format film gives you +/- 2.5 million tones of green color - or something along those lines. Same with blue, same with red - and everything in between. The only downside is that some film can have XYZ color cast over the whole print/image, just like seen in your example image in
>>4218540, the magenta/red tint is all over the place and in these cases, whichever color tone cast flows over the image, other colors will lose a huge portion of their tones/values because of it. That's why it heavily depends on which film you're using - but if you're using proper large format sheets with no color cast for example, all colors will have way more tones compared to, let's say, medium format digital or 35mm digital, like seen in the image I posted here as one example.
