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I could be wrong and possibly be misunderstanding you, but I think what Jim means is that when you work with film, you don’t have to worry about losing detail in dark shadowy area or bright hotspots. Video looks bad when the image loses detail in the highlights and shadows. Therefore, video has a limit to the amount of contrast it can record.
Maybe the ISO on the Canon 5D address that, but from my understanding of what ISO is, i dont think it does.