p2pnet view Movies:- Hollywood, rolling in money and reporting eye-popping revenue increases year after year, says it’s being ravaged by file sharers who post new releases, cams and DVD rips.
It never mentions the fact that significant numbers of the films which show up on the P2P networks are work prints and screeners, posted by Hollywood insiders.
The economics still hugely favour 3-D, it says, going on, “It costs little more to make a 3-D film than a 2-D one. The add-on is about 10% to 15% “below the line”—that is, to the cost of production, not to the talent—and that figure may well come down as technicians become more familiar with 3-D. Cinemas could charge a lot less than $3.50 a ticket extra and everybody would still make money.”
Not only but also, “The 3-D film experience is extremely difficult to obtain illegally”, the story observes. “Following the release of ‘Avatar’ late last year, 2-D copies of the film quickly appeared on file-sharing networks”, it says, adding:
“Such free competition didn’t seem to hurt the film’s box-office sales at all. In part because of piracy, in part because people have so many other entertainment choices, Hollywood is moving towards a business model based on must-see spectaculars — ‘event movies’ in the jargon. And 3-D will be an important way of differentiating big films from the run-of-the-mill.
“Sure, there will be some clumsily-converted 3-D films that offer no improvement over 2-D. That is why we have film critics and RottenTomatoes.com. Certainly, some 3-D films will fail at the box office and on DVD. But so will a goodly number of 2-D films. The studios can cope: failure is hardly an uncommon experience in Hollywood.”
And, the 3-D rush will continue, The Economist reckons.
… and identi.ca
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