Terrell
Senior HTF Member
- Joined
- Dec 11, 2001
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TF.N has an interesting article on digital projection. One major hurdle is funding, as they are rather expensive. Here's and excerpt followed by a link. Interesting read.
In what could prove to be a milestone for digital moviemaking, Hollywood's seven major film studios on Tuesday said they will form a venture to set open technology standards for Digital Cinema.
The venture's name and management will be announced in coming weeks, but a spokeswoman said the effort will be funded with equal contributions by each of the studios: Disney, 20th Century Fox, Metro-Goldwyn-Mayer, Paramount Pictures, Sony Pictures Entertainment, Universal Studios and Warner Bros.
Digital Cinema experts outside the studios called the effort a positive move in the still undeveloped arena for Digital Cinema, which can offer consumers better quality movies and reduce operating costs for studios and theaters.
"We must have a global standard for digital filmmaking that is as useful as 35mm film," said Charles S. Swartz, executive director and chief executive of the Entertainment Technology Center (ETC) at the University of Southern California.
"The only way to do that is to jumpstart the marketplace and have the industry agree on open standards," Swartz said. The ETC was established to analyze the impact of digital technology on the entertainment industry.
Executives from large companies like Eastman Kodak Co. and Texas Instruments Inc. to small digital production houses like Los Angeles-based The Orphanage said the move should allay the fears of movie makers and theater owners worried that they might spend hundreds of thousands of dollars to buy digital equipment only to find it obsolete in just a few months.
"It's definitely a large step forward for digital systems," said Bob Mayson, general manager at Kodak Digital Cinema. Early last month, Kodak showed its first entry into the Digital Cinema marketplace at the theater exhibition industry's ShoWest convention in Las Vegas.
But many large companies including Boeing Co., Texas Instruments, Qualcomm Inc. have been pushing competing digital distribution systems, projection technologies and business models for as long as five years, in some cases.
Here's a link to the story. http://story.news.yahoo.com/news?tmp...talcinema_dc_1
Thoughts?