Telecom Headlines

Gary Handman (ghandman@library.berkeley.edu)
Fri, 18 May 2001 17:04:37 -0700 (PDT)

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MOVIES
STUDIOS DISCUSS PLAN TO SPUR THE SPREAD OF DIGITAL CINEMA
Issue: Movies
Four major film studios, and maybe more, are considering founding a
nonprofit organization that would help bring digital technology to the film
industry. A nonprofit organization, in the view of the studios, would
provide the means to settle long-standing differences over who in the
cash-strapped industry would pay for digital movie systems and equipment,
and would set quality standards for consistent color and picture resolution.
Walt Disney Co. is heading up the effort, with Sony Corp.'s Sony Pictures
Entertainment, AOL Time Warner Inc.'s Warner Bros. and Viacom Inc.'s
Paramount Pictures. Theater owners are fearful that new high-tech
distribution of digital technology would allow one company to monopolize as
gatekeeper over the technology, have too much control over their operations,
and might threaten security of the films themselves by beaming them over
cable or by satellite. Those studios participating in the deal would bear
the cost of the new digital equipment by contributing to a money pool in
return for stakes in the profits. Skeptics such as Michael Bennet, vice
president of Anschutz Investment Co., says the firm has no "master plan"
related to digital cinema and adds, "Like other exhibitors, we still need to
be convinced that digital projection is not simply a technological solution
in search of a problem, but that it in fact can enhance the cash flow of the
theaters."
[SOURCE: Wall Street Journal, AUTHORS: Anna Wilde Mathews And Bruce Orwall]
(http://interactive.wsj.com/articles/SB990045232145661795.htm)

Gary Handman
Director
Media Resources Center
Moffitt Library
UC Berkeley, CA 94720-6000
510-643-8566
ghandman@library.berkeley.edu

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MOVIES
STUDIOS DISCUSS PLAN TO SPUR THE SPREAD OF DIGITAL CINEMA
Issue: Movies
Four major film studios, and maybe more, are considering founding a
nonprofit organization that would help bring digital technology to the film
industry. A nonprofit organization, in the view of the studios, would
provide the means to settle long-standing differences over who in the
cash-strapped industry would pay for digital movie systems and equipment,
and would set quality standards for consistent color and picture resolution.
Walt Disney Co. is heading up the effort, with Sony Corp.'s Sony Pictures
Entertainment, AOL Time Warner Inc.'s Warner Bros. and Viacom Inc.'s
Paramount Pictures. Theater owners are fearful that new high-tech
distribution of digital technology would allow one company to monopolize as
gatekeeper over the technology, have too much control over their operations,
and might threaten security of the films themselves by beaming them over
cable or by satellite. Those studios participating in the deal would bear
the cost of the new digital equipment by contributing to a money pool in
return for stakes in the profits. Skeptics such as Michael Bennet, vice
president of Anschutz Investment Co., says the firm has no "master plan"
related to digital cinema and adds, "Like other exhibitors, we still need to
be convinced that digital projection is not simply a technological solution
in search of a problem, but that it in fact can enhance the cash flow of the
theaters."
[SOURCE: Wall Street Journal, AUTHORS: Anna Wilde Mathews And Bruce Orwall]
(http://interactive.wsj.com/articles/SB990045232145661795.htm)

Gary Handman
Director
Media Resources Center
Moffitt Library
UC Berkeley, CA 94720-6000
510-643-8566
ghandman@library.berkeley.edu

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