http://www.deadline.com/2012/09/marvel-studios-heading-to-walt-disney-company-backyard-the-avengers-thor-captain-america/
After three years that Disney had announced that they were buying Marvel Studios, they are finally moving over to be closer to Disney. Next year, Marvel will be moving from Manhattan Beach to Glendale just to be closer to Disney because "Proximity can only help when it comes to collaboration," which is what a studio insider said about Marvel's move to be closer to the Walt Disney Studios in Burbank. Due to more favorable tax incentives, Marvel was shooting sequels out of the state, stopping the need for MBS Media Sound Stages. This was a reason for the move, but not the only reason.
What caught my eye was Disney and Marvel in the same title. I had not known that Disney had owned Marvel. Is a bit shocking to know that I'm barely finding out three years later. I looked into this further, and found that Disney had a problem when it came to attracting a teenage male audience. Now owning Marvel, they don't have that problem anymore.
As a student and a filmmaker, this impacts me because sometimes one has to make sacrifices. I'm sure it might have taken Marvel some time to decide whether or not to sell, but they were going into the hands of a prosperous company, so they knew they wouldn't be making a mistake by selling to Disney. This article also shows me that while you can work from a distance, being closer, allows you to work more efficiently.
This article makes me wonder why it took them three years to decide to move closer to Disney. Did they not want to move, and tried to work from a distance but realized it was easier if they were nearby?
Thursday, September 20, 2012
Friday, September 14, 2012
Digital Domain Takes a Breather
http://www.deadline.com/2012/09/digital-domain-says-studios-freaking-out-gets-ok-on-september-21-auction/
Digital Domain is a troubled special effects company that is fighting bankruptcy. The company will be allowed immediate access to $12 million from a debtor-in-possession order. Brenden Shannon, the judge that approved that order also approved a fast-tracked auction. Unless their financial status clears up, six Hollywood studios that are thinking of pulling projects from the company. if this were to happen, Digital Domain would be loosing 80% of their revenues.
This caught my eye because the title of the article said that studios are freaking out and i wanted to know what they were freaking out about. After reading the article, this impacted me as a student because it made me realize that many jobs are liked together. If one of them is having troubles, it will affect the others. For example, if a grocery store buys their merchandise from a farmer, and the farmers crops are not as prosperous as they used to, the farm will be closed down and eventually the grocery store will be too since they have no other place to buy their merchandise.
Over 100 Hollywood films' special effects and computer-generated characters were made by Digital Domain. They had made the special effects of Titanic, which is an Academy Award winning film. Despite their glory, they are still fighting through the economy and this would impact me as a filmmaker because no matter how successful one can be at something, it doesn't necessarily mean they will prosper forever. Because of this, as a filmmaker, one would have to make smart choices about what companies to work with.
I'd like to know if Digital Domain will be able to overcome bankruptcy, and if they don't, what will they do after loosing 80% of their business makers? Would the 6 companies actually pull their projects if Digital Domain's financial status does not get better?
Digital Domain is a troubled special effects company that is fighting bankruptcy. The company will be allowed immediate access to $12 million from a debtor-in-possession order. Brenden Shannon, the judge that approved that order also approved a fast-tracked auction. Unless their financial status clears up, six Hollywood studios that are thinking of pulling projects from the company. if this were to happen, Digital Domain would be loosing 80% of their revenues.
This caught my eye because the title of the article said that studios are freaking out and i wanted to know what they were freaking out about. After reading the article, this impacted me as a student because it made me realize that many jobs are liked together. If one of them is having troubles, it will affect the others. For example, if a grocery store buys their merchandise from a farmer, and the farmers crops are not as prosperous as they used to, the farm will be closed down and eventually the grocery store will be too since they have no other place to buy their merchandise.
Over 100 Hollywood films' special effects and computer-generated characters were made by Digital Domain. They had made the special effects of Titanic, which is an Academy Award winning film. Despite their glory, they are still fighting through the economy and this would impact me as a filmmaker because no matter how successful one can be at something, it doesn't necessarily mean they will prosper forever. Because of this, as a filmmaker, one would have to make smart choices about what companies to work with.
I'd like to know if Digital Domain will be able to overcome bankruptcy, and if they don't, what will they do after loosing 80% of their business makers? Would the 6 companies actually pull their projects if Digital Domain's financial status does not get better?
Friday, September 7, 2012
Box Office Decrease
http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-summer-box-office-20120904,0,3835496.story
Even though there were hit movies, such as "The Avengers," "The Amazing Spider-Man," "The Dark Night Rises," and "Ted", during the summer, this summer's box office was not match to last summer's. In the time period from May to the labor day weekend, box office deceased 3% to 4.3 billion from last year, and according to Hollywood.com, attendance was 4% to 533million; the lowest number in almost 20 years. Some reasons people thought the cause of the decrease was the Olympics telecast. Another reason is the massacre during a "Dark Night" screening, leaving 12 people dead, 58 wounded, and the rest of the population scared of going to a theater. The executive vice president of distribution for Warner Bros., Jeff Goldstein, explains that is is not right to blame things for the decrease in box office and that there were disappointments that they simply did not deliver to.
This article caught my attention because in the title it states that they are comparing numbers from this year and last year. This is significant because by comparing both years, one could find what people what to see and what they don't. It makes room for improvement.
As a student, this article shows how important it is to keep records of certain things. By keeping a record of each year's box office, one can compare which movies were shone and which movies were the ones that attracted the audience more. As a consumer, this article is pretty much telling me that this summer there were a lot of hit movies, but that didn't stop the box office to have decreased from the previous year. This article impacts one as a future film maker by giving one the ability to compare numbers and types of movies that either caused box office to decrease, or increase. It also shows that there might be things apart from the actual movie that might stop one from going to watch it.
Will the film industry use this information as a basis to upcoming movies, or will they continue releasing movies and seeing how they will compare to this year's? \
Even though there were hit movies, such as "The Avengers," "The Amazing Spider-Man," "The Dark Night Rises," and "Ted", during the summer, this summer's box office was not match to last summer's. In the time period from May to the labor day weekend, box office deceased 3% to 4.3 billion from last year, and according to Hollywood.com, attendance was 4% to 533million; the lowest number in almost 20 years. Some reasons people thought the cause of the decrease was the Olympics telecast. Another reason is the massacre during a "Dark Night" screening, leaving 12 people dead, 58 wounded, and the rest of the population scared of going to a theater. The executive vice president of distribution for Warner Bros., Jeff Goldstein, explains that is is not right to blame things for the decrease in box office and that there were disappointments that they simply did not deliver to.
This article caught my attention because in the title it states that they are comparing numbers from this year and last year. This is significant because by comparing both years, one could find what people what to see and what they don't. It makes room for improvement.
As a student, this article shows how important it is to keep records of certain things. By keeping a record of each year's box office, one can compare which movies were shone and which movies were the ones that attracted the audience more. As a consumer, this article is pretty much telling me that this summer there were a lot of hit movies, but that didn't stop the box office to have decreased from the previous year. This article impacts one as a future film maker by giving one the ability to compare numbers and types of movies that either caused box office to decrease, or increase. It also shows that there might be things apart from the actual movie that might stop one from going to watch it.
Will the film industry use this information as a basis to upcoming movies, or will they continue releasing movies and seeing how they will compare to this year's? \
Subscribe to:
Posts (Atom)