Paramount Pictures Launching First Virtual Reality Movie Theater
EXCLUSIVE: Paramount Pictures has just created another platform — or maybe even a new distribution window — to display its feature content.
The studio, in partnership with Bigscreen, is collaborating with several tech companies leading efforts in the virtual reality space — Oculus, Samsung, HTC and Microsoft, among others — to launch a first VR movie theater. A viewer puts on a VR headset and sits in a “theater” in front of a huge screen watching a movie as you would in… Read
Legendary Entertainment Selling Majority Stake In Its Applied Analytics Unit
Legendary Entertainment is exploring the sale of a majority stake in its Applied Analytics division, a data-driven arm of the company whose research has driven greenlight, casting and marketing decisions around the company’s film and TV slate.
The company founded by Thomas Tull and sold to China’s Dalian Wanda Group in 2016 has hired investment bank AGC Partners to help facilitate the sale of about 70% of the unit, which is led by Matthew Marolda. In addition to crunching… Read
Apple’s Tim Cook Says Augmented Reality Will “Change Everything”
Add Apple CEO Tim Cook to the list of Silicon Valley technologists who believe in the transformative power of augmented reality, saying it’s going to “change everything.”
Augmented reality — that technology that overlays virtual images and information onto the real world, like a magical television chyron — long has seemed the stuff of science fiction. But since incorporating AR into Apple’s iOS 11 mobile operating system in September, developers have released more than… Read
Amazon Tops Q3 Estimates; Execs Don’t Address Roy Price Scandal But Say They’re Still Bullish On Video
UPDATED with details from analyst call: Amazon reported healthy revenue numbers for the third quarter, up 34% to $43.7 billion from the year-earlier period, and CEO Jeff Bezos said Alexa voice services hold the key to continued growth. The revenue results exceeded Wall Street projections of $41.6 billion and shares started to rise in after-market trading.
Although many in the media and entertainment business were eager to see whether Bezos & Co. address the scandal… Read
Mobile Advertising Growth Keys Alphabet’s 24% Quarterly Revenue Rise
Google’s parent company, Alphabet, said mobile advertising growth powered its 24% year-over-year rise in quarterly revenue in the period that ended September 30.
Total revenue reached $27.77, up from $22.45 billion. Net income increased to $6.73 billion, or $9.57 per share, from $5.06 billion, or $7.25 per share. Operating margins went up 2%, from 26% to 28%.
During a 50-minute conference call to discuss the results with Wall Street analysts, Alphabet and Google CFO Ruth… Read
Paramount Flirts With Kino’s Interactive Film ‘Late Shift’; Gives A Lesson In Movie Logic
The Internet is cluttered with running jokes about "movie logic" — things that always happen in movies, never in real life. The meme website Funsterz.com best illustrates the idea of movie logic with funny, but accurate examples such as "It is always possible to park directly outside the building you are visiting" and "Dying characters always have just enough time to say exactly the right words."
But on Wednesday morning, while almost everybody else worried about Harvey… Read
Four Major Studios Join U.S. Launch Of Disney’s Movies Anywhere Digital Service
After pursuing a solo quest for a digital movie download alternative to the movie industry consortium-backed UltraViolet, Disney has been joined by four other major studios — Fox, Sony, Universal and Warner Bros — in launching the Movies Anywhere service in the U.S. today.
While the service — which is wholly separate from Disney’s planned OTT streaming services — is owned by Disney, it has an advisory committee with representatives of the other studios. Paramount and… Read
AOL Instant Messenger Will Log Off For Good On Dec. 15
AOL Instant Messenger, the chat feature introduced by the then-dial-up ISP in the mid-1990s, is set to end its once-pioneering run on Dec. 15.
Verizon acquired AOL for $4.4 billion in 2015. Its Oath media subsidiary now oversees AOL it and confirmed the move, saying the service “will always have a special place in our hearts.” The unwinding of AIM follows similar fade-outs for messenger apps from once-mighty internet gateways Yahoo and MSN. With the ubiquity of unlimited… Read
Titan Platform Launches ‘Beyond OTT’ Set-Top Device In U.S. And Asia
Titan Platform, a 5-year-old Korea-based company, is entering the crowded U.S. streaming video market today with what it calls a “beyond-OTT” set-top device, which will also be available in China, Singapore and South Korea.
Essentially a souped-up version of streaming boxes and dongles offered by Roku, Apple, Google and Amazon, the Titan Core is designed to combine video viewing with smart-home controls (climate control, security, appliances, etc.), enhanced encryption… Read
Motion Picture Academy Science & Tech Council Adds Seven Members
The Academy of Motion Pictures Arts and Science’s Science and Technology Council has added seven new members to its roster, including Deadpool make-up artist and designer Bill Corso, Star Wars: The Force Awakens film editor Maryann Brandon, and cinematographer Steve Yedlin.
The newcomers bring the Council's 2017–2018 membership roster to 25.
The new members are:
Nafees Bin Zafar, a technology development supervisor at Digital Domain who has worked in live-action visual… Read
Andrew House, Who Restored PlayStation’s Mojo, Leaving Sony After 27 Years
Andrew House, the head of Sony Interactive Entertainment who put the PlayStation gaming console back on a winning track, is leaving the company after a 27-year run.
According to a press release, House’s No. 2, John (Tsuyoshi) Kodera, has been named his successor. House will segue out of managing SIE, but will stay on as chairman through the end of 2017 in order to ensure a smooth transition.
House started in the corporate communications department at Sony in 1990. In… Read
Google To Offer Security Upgrades To High-Profile Executives
Google plans on offering a new security program that will offer high-profile executives an upgrade from the standard protections on Gmail and Google Drive. The new service, called the Advanced Protection Program, will use physical USB security keys that add protection beyond two-part email authentication. It will also restrict the third-party apps and services that can connect to a Google account.
While not fool-proof and, as of now, limited to Google services, the… Read