« Larry Clark: How'd you find me? | Main | Edwardsville, Illinois: many weekends with friends attending movies and sipping sodas »
March 30, 2005
Cuban, libre
In Wired's profile of billionaire Landmark Theatres/Dallas Mavericks/Magnolia Pictures/HDNet owner Mark Cuban, the writer gets at one of the key financial maneuvers yet to be hatched for the future of "digital cinema." "'One model that seems very attractive is for studios to divert the money they would otherwise expect to spend on prints,' says Charles Swartz, executive director of the Entertainment Technology Center at USC. They could then use this money to pay for equipment and installation in theaters that commit to showing digital fare. If the studios balk, another funding scenario gathering acceptance splits the financial burden among many parties. 'Money from investment banks or Wall Street could find its way to entities that will purchase the equipment and install it in theaters,' Swartz says. These new third-party entities could provide an array of services, from encoding and encrypting movies to packaging and delivery—essentially becoming a new middleman."
Posted by at March 30, 2005 02:52 PM
Trackback Pings
TrackBack URL for this entry:
http://www.mcnblogs.com/movabletype/mt-tb.cgi/22
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)