Archive for the ‘Digital Money’ Category

Historic movie houses go digital

 

Published Sunday, February 26, 2012 7:40 AM By CAROLYN THOMPSON
Associated Press

BUFFALO, N.Y. -- The license plate on movie projectionist Arnie Herdendorf's Buick is 35MM MAN, a nod to his work in the booth at the 1925 Palace Theatre, with its velvet-draped stage and chandeliered mezzanine.

When he drove recently to a multiplex to watch as its film projectors were swapped out for new digital ones, the sight of old 35 mm workhorses "stacked up like wounded soldiers" had him wondering how long his title -- or job -- would be around.

The questions are even bigger for historic movie houses themselves.

With the future of motion pictures headed quickly toward an all-digital format played only on pricey new equipment, will the theaters be around? Or will they be done in by the digital revolution that will soon render inadequate the projectors that have flickered and ticked with a little-changed technology for more than 120 years?

"Our guess is by the end of 2013 there won't be any film distributed anymore," said John Fithian, president and chief executive of the National Association of Theater Owners.

The Hollywood studios' industry-wide conversion from 35 mm film to digital satisfies modern-day demands for crisp clarity, cost savings and special effects like 3-D. And for big-budget theaters where new releases occupy multiple screens, installing digital projectors is a no-brainer. Already, about 60 percent have converted in the United States, at a price of $70,000 to $80,000 a screen, Fithian said.

But for the community-owned Palace and other small and historic movie houses, the merging of nostalgia with high-tech is a dauntingly expensive proposition. Yet one, most agree, that is critical if they are to keep attracting audiences to their light bulb-studded marquees. The cost is more than double the price of a top-of-the-line film projector.

"The Riviera Theatre is listed on the historic register, but we are not a museum," Executive Director Frank Cannata said from the 1927 theater north of Buffalo, "so it's important that we stay current ... and staying current isn't always affordable, as we're all finding out."

An estimated 500 to 750 historic theaters currently show movies, according to the Theatre Historical Society of America, though it adds no one has formally researched the number and the estimate is conservative.

"This is another major threat to these theaters which were largely rescued and restored by grass-roots local efforts," said Karen Colizzi Noonan, president of the THS, which records and preserves theaters' architectural and cultural history. "It is so sad that after all that hard work and dedication these groups now face another huge challenge just to survive."

And survival means doing whatever they can to raise the cash to convert.

Supporters of the privately owned Davis Theatre in Higginsville, Mo., are vying for a $50,000 prize in a Reader's Digest contest that would help pay for digital equipment for the 500-seat main auditorium. They were in second place at the start of February, with a month of voting to go.

"It's a long haul but it's encouraging to see a town come together," said Fran Schwarzer, who, with her husband, George, was nearing retirement age and sunk their savings into buying the 1934 theater to keep it from closing in 1998.

The couple added three screens in 2005 so they could show more first-run movies, always viewing the venture as more community service than money-maker in the small town east of Kansas City.

"If we had known then what we know now" about the swift onset of digital, "we would never have gone into debt more to put in three more auditoriums," Schwarzer said.

The Riviera will show movies with its two carbon arc lamphouses and projectors for as long as it can, Cannata said, while exploring funding for the digital replacements. If it can't, it will have to do away with the popular second-run movies offered at discount rates.

While live shows and other programming would keep the Riviera going, other theaters are trying to stave off closing with fundraisers, like the taco supper planned to raise money for the Onarga Theater in eastern Illinois. The 1937 theater that boasts being the first south of Chicago to show movies with sound has invested in its seating, concessions and sound systems in recent years, but can't afford the switch to digital projection.

North of Buffalo, the nonprofit, community-owned Palace is looking into loans and grants for a $75,000 digital setup, but it's also going to have to upgrade its electrical system to accommodate the new equipment, said Phil Czarnecki, vice president of the board. He can't help but think of all the restoration of the building -- a replica of the Paramount Theater in New York City that mixes Art Deco and Italian Renaissance style -- that could be accomplished with such an outlay.

The small theaters already are feeling pressure from the digital conversions taking place all around them. Instead of waiting three weeks for a modern multiplex to make a movie print available, it now often takes six or seven weeks because there are fewer 35 mm copies in circulation. That's more than enough time for the pool of potential ticket-buyers to lose interest or see the movie somewhere else.

It's not just the cost of digital projection that concerns Edward Summer, president of the Buffalo Niagara Film Festival. He worries that once older movie houses make the switch, they'll do away with their 35 mm projectors, something he says would be "a hideous mistake."

Summer sees a potential tourism niche in historic theaters showing classic movies -- and he worries that existing films that won't be digitized will be forever lost to audiences if the equipment isn't there to show them.

"Every motion picture made between 1894 and right this minute is on 35 mm film and those films not only still exist, but those film prints are the only way to see them," Summer said.

"It's not either/or," Summer said of the two projection technologies, "it's both/and."

The Palace's Herdendorf doesn't own a computer and isn't sure if his 17 years of splicing and dicing reels of film and threading them through a platter projection system will translate to the new technology with its pocket-size hard drives. He knows what to do if film breaks, but not if a computer freezes.

The Riviera eventually plans to display one of its 35 mm carbon arc projectors in the lobby, Cannata said, "so people can take a look at how films were shown at one time."

The Davis Theatre's Schwarzer jokes that her place's four projectors will become boat anchors. What's important, she said, is that the theater's doors stay open.

"We have such wonderful memories of this theater as children," she said. "You kind of like to think that kids that come now will have some of those memories, too."



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Historic movie houses go digital

Do digital leaders need both client-side and agency-side experience?

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Posted 27 February 2012 10:30am by Andrew Warren-Payne with 0 comments

In our digital marketing and e-commerce careers guide, published at the beginning of the month, we put together some of the industry’s best advice on how senior digital professionals can improve their career.

As so much great advice was contributed that we couldn't include in the report itself, we've been publishing blog posts featuring the commentary we received.

Last week we asked whether it was better to be a generalist or specialist in digital marketing, and the week beforehand we asked what attributes were most sought after in senior digital professionals. 

This week our contributors answer the question: do digital leaders need both client-side and agency-side experience?

Though the answer may appear obvious for some, this question provoked a variety of responses with some interesting points on the merits of having such a background. We've compiled some of the most valuable insights below.

Rosalie Kurton, head of new business, LBi:

Not necessarily. It helps to be able to understand a client’s challenges operationally, as well as from a marketing and technology viewpoint, but this is often the result of forging strong partnerships and relationships with clients, including periods of co-location to create a blended client/agency team."

Claire Higgins, head of digital marketing, Selfridges:

I think having both is an advantage, as well as having a variety of experience across different sectors.

The benefits range from the consultative approach and strategic insight that an agency background can bring to the table, to understanding the pressurised dynamic of agency life that can help the team perform well under tight deadlines."

David Paice, e-commerce director, Merlin Entertainments:

If you can speak an agency’s language it will generally help speed certain processes up and you will have a better appreciation of whether you are getting value for money, but this is not essential."

Chris Ketley, head of digital and e-commerce, Bupa:

No, but I have, and it helps in two ways from a client perspective: first, to appreciate how an agency might add value and also its limitations; second, because in many companies the digital function operates and acts like a central agency resource. Business capability assessment, internal specialist digital skills and relationship management and are all important elements shared by clients and agencies."

Allison Wightman, head of ebusiness, Virgin Atlantic:

Not necessarily. Both client side and agency side are exciting jobs but it's often considered much cooler to work in an agency with different accounts, varying projects and new opportunities, particularly when you are getting a grounding in all things digital. If you work for a brand you have the challenge of growing a profitable digital business and also enjoy the perks of whatever company you work for, but you may not stay put as long as to grow in your career, as there is often only one website in most companies."

Matt Simpson, head of digital for EMEA, OmnicomMediaGroup:

Absolutely not, although it has some advantages. The benefit of having a background which includes both client and agency experience is a generally better understanding of what people want out of a situation, a better ability to read between the lines. There are many issues which affect a client’s ability to implement certain recommendations which are often not explained, having some knowledge of these is of course very helpful."

Alison Lancaster, CMO, Kiddicare, and marketing director, Morrison’s Non-Food:

I'd say yes, because I do - and you get very different perspectives depending on which side of the fence you're sitting. Having worked on the agency and consulting side, and then become a client, I think you are able to get closer to the commercial priorities, trading issues, available data and wider business needs.

However, when the chemistry is right, great agencies really listen and invest the time to get to know their clients inside out as if they are part of the client team. Great clients really appreciate and understand how to get the most out of their agencies - sharing information and insights as if they were an extension of their own team, and knowing what motivates them.  So if you don't have experience on both sides, take the time and trouble to really engage, listen, question and view things from both dimensions - and, of course, always view from the customer perspective."

Tessa Cook, e-commerce MD, Dyson:

No, not at all. Agency side people are often great at prioritising, project management and strategy. Client side people tend to be more grounded in reality, and great at getting stuff done."

Paul Wishman, group e-commerce director, LV:

This isn’t mandatory, as experience gained is usually sufficient to understand how to manage and work with respective agencies. This said there is value in having someone who is able to better empathise when dealing with their agency counterparts, and often people with this background do have greater technical depth."   

Russell Gould, former MD, e-StrategyConsultancy.com:

This is nice to have but I don't really see any great value here. The key is to understand both sides."

Fiona Spooner, head of acquisition and optimisation, Financial Times:

I'm sure it's helpful but not necessary. I would say that though as I have always been client-side, but I make a point to spend constructive time with agencies, learning how they work and think."  

What are your thoughts? Do you need both client-side and agency-side experience to succeed in digital marketing? How useful is it to have? Have you made the transition from one side to the other?  Join the debate and share your thoughts in the comments below.

For further information, download our free digital marketing and e-commerce careers guide (registration required) or find out more about the other free reports offered by Econsultancy. 

Andrew Warren-Payne is a Research Analyst at Econsultancy. 

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Do digital leaders need both client-side and agency-side experience?

Black Money Laundering Thailand – Video

24-02-2012 23:02 Thailand black money laundering gang has expanded its operation. It is amazing that people can be so stupid to fall for this scam but thousands of people are now investing in black money fraud - In Thailand the main gangs are now operating in Bangkok, Samut Prakarn, Chonburi, Udorn Thani, Khon Kaen, Phuket and Hat Yai. The scammers work as a team with one group distributing black paper and performing a magic trick to make victims believe that it is real money, the other team then sells cleaning liquids, services or machines to the greedy victims so that they can clean their black money which is either just black paper or photocopied money printed using a digital printer then dyed black. Many people think no-one is stupid enough to fall for it but due to greed there are in fact tens of thousands of people that have fallen for it with many people from all over the world flying to Bangkok to buy the magic liquids. The victims of this scam are greedy people looking for a short cut in life rather than doing hard honest work. Many victims of this scam are amazingly enough scammers themselves. Other victims are drug dealers and corrupt government officials. The scammers use terms like anti-breeze, CCC, currency cleaning, vectrol paste, activating salt along with chemical tricks and slight of hand to perform magic to hypnotize their greedy victims. The head scammer calls himself Patimaporn Paul and is also known as Paul Felix - the end of the video reveals the Siam Commercial ...

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Black Money Laundering Thailand - Video

Electronic Deception and Perception Management – Video

25-02-2012 18:19 Researchers at the University of Warwick have found that fake video evidence can dramatically alter people's perceptions of events, even convincing them to testify as an eyewitness to an event that never happened. Associate Professor Dr Kimberley Wade from the Department of Psychology led an experiment to see whether exposure to fabricated footage of an event could induce individuals to accuse another person of doing something they never did. In the study, published in Applied Cognitive Psychology, Dr Wade found that almost 50% of people shown fake footage of an event they witnessed first hand were prepared to believe the video version rather than what they actually saw. Dr Wade's research team filmed 60 subjects as they took part in a computerised gambling task. The subjects were unknowingly seated next to a member of the research team as they both separately answered a series of multiple-choice general knowledge questions. All subjects were given a pile of fake money to gamble with and they shared a pile of money that represented the bank. Their task was to earn as much money as possible by typing in an amount of money to gamble on the chances of them answering each question correctly. They were told the person who made the highest profit would win a prize. When they answered each question, subjects saw either a green tick on their computer monitor to show their answer was correct, or a red cross to show it was incorrect. If the answer was wrong, they would be told to ...

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Electronic Deception and Perception Management - Video

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