Mediaboss Marketing

PORT ST. LUCIE, Fla.--(BUSINESS WIRE)--

John Textor, chairman and CEO of Digital Domain Media Group (NYSE: DDMG - News), will be a guest on The Next Big Thing segment of CNBCs Fast Money today, Wednesday, April 18. Fast Money is shown at 5:00pm EDT.

About Digital Domain Media Group

Digital Domain Media Group (DDMG: NYSE) leverages its expertise in digital visual effects (VFX) and computer-generated (CG) animation across a group of interrelated businesses. At its foundation is Digital Domain Productions (DDPI), an award-winning digital production company founded in 1993. This leading provider of visuals has contributed to more than 90 major motion pictures, including Titanic, the Transformers series, Real Steel and TRON: Legacy, as well hundreds of commercials. DDPI also converts two-dimensional (2D) imagery to three-dimensional (3D) imagery and holds key patents in this area. Mothership, a DDPI subsidiary, focuses on creating advertising, entertainment and branded content from concept to completion, across multiple media platforms. DDMG, its work and its employees have been recognized with numerous awards, including seven from the Academy of Motion Picture Arts and Sciences. The company is building on its success in VFX to participate as a co-producer in major studio productions and is currently in production on the upcoming live-action sci-fi feature film Enders Game. DDMG is also applying its CG expertise to produce original, family-friendly animated feature films at its subsidiary Tradition Studios. The first movie, The Legend of Tembo, is in pre-production and two more features are in development. The companys education subsidiary, the Digital Domain Institute, sets a new standard in digital media education through a pioneering public-private partnership with The Florida State University College of Motion Picture Arts. DDMG is expanding its worldwide footprint of the highest quality visual effects and animation at the lowest possible cost through global partnerships in India and China. The company has studios in Los Angeles, San Francisco, Florida, Vancouver, Mumbai and London, and is currently establishing a studio in Beijing. http://www.ddmg.co

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Digital Domain Media Group CEO John Textor Will Be a Guest on CNBC’s Fast Money on Wednesday, April 18

Shane McGraw of RC General Contractors works on a laptop at the remodeled lobby of the West Virginia State University Economic Development Center on the West Side, home to DigiSo.

CHARLESTON, W.Va. -- David Wohl never got to build his glitzy media center in downtown Charleston. But the next best thing is about to open on the West Side -- a digital arts production studio called DigiSo.

Several years ago Wohl, the former dean of arts and humanities at West Virginia State University, probably sensed the school was never going to raise the $10 million needed to build a four-story home for State's graduate media studies program on Capitol Street.

So Wohl approached Jenny Fertig, who had been running an economic development center for the WVSU extension service in an old storefront on Kanawha Boulevard near Patrick Street. Fertig just happened to have some unused federal grant money lying around.

Meanwhile, Sarah Halstead and other folks involved with Create WV had been kicking around an idea to build a place where creative artists -- photographers, musicians, filmmakers -- could work, collaborate and encourage young people through mentorships.

Create WV, a grass-roots offshoot of the Vision Shared movement, has held statewide conferences each year since 2007. As its name implies, its mission is to build creative communities and encourage artists to work and live in West Virginia.

"While that was going on, Jenny was over here," said Halstead who, with her sister, Becky Kimmons, runs Katalyst, a consulting service. "David Wohl and [filmmaker] Danny Boyd at WVSU had gotten a HUD grant for a commercial kitchen. But that didn't work out.

"Jenny called and said, 'We have a pot of money. What can we do?' Create was asked what is a tangible use for this money. We re-wrote the grant."

HUD officials agreed. Instead of a kitchen, the money could be used for studios, lights, computers, software and other high-tech gear.

That was about two years ago. As of Wednesday, the renovations were nearly complete. The drab maze of offices has been totally transformed, with about $1 million from several grants. The grand reopening is scheduled for April 10.

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Digital arts studio ready to open on West Side

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Digital camera can be lost, found in a snap — poor penny gone for good

LONDON (April 2): Financial traders have a new toy: Bitcoin, a digital currency variously dismissed as a Ponzi scheme or lauded as the greatest invention since the Internet.

Unlike conventional fiat money and other digital currencies, Bitcoin runs through a peer-to-peer network, independent of central control. Bitcoins are currently worth $4.88 each on online currency exchanges, where they can be bought and sold for about 15 world currencies.

Users - an odd assortment of uber-geeks, anarchists, libertarians, scammers and forex traders - sent about $4.3 million worth to each other in the last 24 hours.

Banking and payment expert Simon Lelieveldt believes they are living on borrowed time.

"There is always a power base underlying a currency," he said, speaking at the Digital Money Forum in London in March.

"Bitcoin is not going to fly because there is no central bank or power base. It's doomed to fail."

But its separation from power is precisely what attracts many users.

"Bitcoin is not run by people with hot sexual appetites for hotel maids. It is not run by corporations. It is not governed by people with budgets to meet. It is governed by a mathematical formula," one trader and Bitcoin enthusiast told Reuters over a pint of Guinness in London's financial district.

He also likes that there is an absolute limit of 21 million Bitcoins built into the system.

"If you try to print more than 21 million Bitcoins, you will be rejected by cold, loveless computers whirring away in nerds' garages. It is a better form of money than we have right now, or than anyone has designed so far."

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Bitcoin, the City traders' anarchic new toy

Peter Dinham Monday, 02 April 2012 07:44

Your IT - Entertainment

Australians are increasingly listening to digital radio broadcasts, with 1.2 million people, on average, tuning in to digital broadcasts every week, ahead of the original forecasts for the fledgling industry.

As well as the 1.2 million listeners to digital radio every week, CRA reports that close to 800,000 digital radios have been sold. The CRA report reveals that over the Christmas 2011 and New Year 2012 period, digital radio sales recorded the highest jump to date, with a total of 180,546 devices sold between October 2011 and January 2012.

CRA says these sales figures are outperforming the original forecast and have prompted an update to the PwC Forecast for Digital Radio Adoption, with PwC now showing that household penetration of DAB+ digital radio is forecast to reach 16 percent by December 2013 and 18 percent by June 2014.

According to Commercial Radio Australia CEO, Joan Warner, digital radio sales and listening have increased despite one of the worst retail climates for decades.

The commercial radio industry has invested in the promotion of digital radio and worked very hard with retailers. We've put our money where our mouth is and used our medium to tell our listeners about digital radio. Once again, results highlight just how well radio works.

While the latest market summary information is very pleasing, the overall aim of the industry is to ensure digital radio is available in all areas of Australia. Extensive work is also underway on the planning for digital radio rollout to regional Australia and proposed timelines are being developed for discussions with the Federal Government, Warner commented.

The Digital Radio Industry Report 2012, is the third report compiled by CRA and includes data from the official radio industry audience measurement survey provider, Nielsen, consumer electronics market research company GfK, market research organisations, the Hoop Group and HOED and an update on the household uptake forecast from PwC.

Uptake of, and time spent listening (TSL) to, digital radio has increased according to the report released today by CRA. Major findings of the report, including information from Neilsen, GfK Marketscope and PWC, are:

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Digital radio sales ahead of forecasts