I didn't know there was a difference between film markets and film festivals - thanks for the education, CI. 🙂
There is a HUGE difference.
The film markets are filled with sellers and buyers from all over
the world. A film festival is a period of time (a few days - a couple
of weeks) where movies are screened to the paying public.
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The aim of an argument or discussion should not be victory, but progress.
Joseph Joubert, essayist (1754-1824)
The New York Times has an article on how some websites are trying to be like internet TV channels. One such website is blip.tv, and some of its top shows make $1 million a year, according to a producer with the website - but that has to be confirmed independently.
That said, internet is risky, but the rewards are there. The major studios will not do this, as yet, because they're risk averse, but the small fry can and will.
?url? http://www.nytimes.com/2011/06/06/business/media/06blip.html?ref=business?/url?
The number of viewers of internet TV is still small, but they are growing. As I said a few years earlier in this forum, within a decade, the internet will become a prominent part of the film industry. That said, TV did not do away with radio, and video recorders did not do away with cinemas, so there's still a lot to be done in the older media.
But I think that the internet may offer opportunities not available elsewhere, because it is new and untried, which means there are risks and opportunities.
The LA Times has said that producers are hoping the internet can compensate for the decline in DVD sales, but there are issues with that, because the selection from downloadable movies are not as wide as the selection from DVD's, and, of course, the difficulty in downloading an entire movie.
?url? http://www.latimes.com/business/la-fi-cover-dvd-future-20110925-1,0,6516807.story?/url?
So if the internet is not taking off, as of now, then it is not the reason why home entertainment sales have fallen 40% - I think the poor economy is to blame.
But the internet will eventually be the means where consumers get their movies, not places like Blockbuster.
About half of Canadians are watching shows online and are thinking of cancelling their TV and cable services. And this survey is from the Cable and Telecommunications Association for Marketing, which has no incentive to say that.
So my prediction is becoming ever more true. The rural areas of North America, however, still have slow internet speeds, and that will continue to be a hindrance.
20th Century Fox is moving to online entertainment, part of the rush by others. I have been saying the internet will become ever more important, but I wonder if this is going to create an investment bubble like the sub-prime mortgage one.
?url? http://www.latimes.com/business/la-fi-0218-ct-fox-digital-20120217,0,3884946.story?/url?
Hollywood is going sell more content to the Web, including Netflix. There is some talk as to whether this is a fad, but the internet will not go away, so this will not go away.
Hulu has been around since 2007 - a long time in the technological world - and it's the perfect example of how the internet is disrupting home entertainment. And Leap Year, one of its series, has been renewed for a second season.
?url? http://www.hollywoodreporter.com/live-feed/leap-year-web-series-renewed-295950?/url?
Netflix is eyeing Spielberg's "Terra Nova", which was cancelled by Fox. Even if the online streaming service doesn't buy it, it, like Hulu, has become an alternative outlet for studios, which only proves what I've been saying.
In the future, series will not be limited to TV or cable - the internet will provide literally an infinite number of channels.
?url? http://www.deadline.com/2012/03/netflix-eyes-cancelled-terra-nova/?/url?
Youtube is trying to eat the advertising lunch of the TV and cable networks, and I'm not sure if it has done that to any great degree. In fact,?URL="http://adage.com/article/digital/youtube-preps-big-round-content-investments/238248/"? its attempt to get celebrities to boost its entertainment presence with celebrities has failed.?/URL? That said, I've been saying that the internet will disrupt the entertainment business, though how is not known yet.
Does anyone have any channels on Youtube?
Not much participation here lately.
Traditional broadcast television has been challenged since the 1970's and
cable TV. I do not believe the entertainment business is being disrupted by
the internet - I believe the entertainment business is being enhanced by the
internet. As YouTube finds ways to make money from content it becomes
another venue for content providers to make money. To me that isn't disruption.
=============================================
The aim of an argument or discussion should not be victory, but progress.
Joseph Joubert, essayist (1754-1824)
Whether you say, "disruption" or "enhancement" doesn't really matter, and, as I said earlier in this thread, the point is the change brought about by the internet.
I have posted in this thread earlier that Canadians are cancelling their cable subscriptions and watching shows online, so that is one piece of evidence to show that the internet has influence, though how, I don't know yet.
This is still the early days of entertainment from the cloud.
quote:
Originally posted by Aspiring mogul
Whether you say, "disruption" or "enhancement" doesn't really matter,
Words matter.
?disrupt? means to prevent something from continuing by creating
a problem. The internet is not preventing the entertainment industry
from continuing.
?enhance? means to improve something, to make it more valuable.
The content available on the internet is improving home entertainment.
YouTube figuring out how to make money from this content is enhancing
the options for content providers.
Sometime a point is lost. Traditional methods of distribution are not
being disrupted. Home entertainment isn't being disrupted. The
entertainment business isn't being disrupted. Distribution (how we
get content) is changing and both the entertainment business and
home entertainment are thriving.
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The aim of an argument or discussion should not be victory, but progress.
Joseph Joubert, essayist (1754-1824)
Blockbuster may have been disrupted by the internet. And the DVD manufacturers may also suffer the same fate if everyone goes to streaming videos from Netflix and its successors.
Cable subscribers in Canada, as I said, are losing subscribers.
While many watch TV, they're also accessing info on the show via their laptops or ipads, known as the second screen. ?URL="http://www.businessinsider.com/bii-report-why-the-second-screen-industry-is-set-to-explode-2013-2#ixzz2KF0rkSAf"?So the tech industry is moving to provide apps or social-networking sites to capitalize on this,?/URL?, which is further evidence of how the internet is changing the business.
I wonder if they will eventually allow ipads in movie theatres for that reason.
