Color management has always existed, but it was just a different process with film photography. It all boils down to getting the same color in the print, on the screen or in a production that the photographer or imager sees on the computer. It really starts in the camera. All cameras introduce some color shift. In the days of film, each film had a profile that shifted towards a particular color. Kodak film tended to be on the magenta side and Fuji film leaned towards the green. Photographers would choose a film based on the particular way the film rendered color. Other corrections were done in the darkroom. Color hues and tints could be manipulated and removed. Photographers used white balancing and gray cards to set reference points to use in the darkroom. Most of the color management depended heavily upon the photographer and how they saw color, but there was a certain amount of profiling with film and development chemicals. So color management is not a new term or process, it is evolving along with the other areas of photography.