Video post production on life support

[Blade_Jones]

Video post production is one of Yahoo's 5 industries on life support....
http://finance.yahoo.com/career-work/article/112438/5-industries-on-life-support
Video postproduction is another industry done in by the do-it-yourself opportunities presented by new technology. Once requiring specialized expertise, many of these tasks can be done on even an average home computer.

Companies such as Technicolor have suffered as a result. Industrywide, revenues have fallen 25% in the past decade to just north of $4 billion, with another 11% decrease predicted by 2016.

 

[Tinalera]

Video post production is one of Yahoo's 5 industries on life support....
http://finance.yahoo.com/career-work/article/112438/5-industries-on-life-support
Video postproduction is another industry done in by the do-it-yourself opportunities presented by new technology. Once requiring specialized expertise, many of these tasks can be done on even an average home computer.

Companies such as Technicolor have suffered as a result. Industrywide, revenues have fallen 25% in the past decade to just north of $4 billion, with another 11% decrease predicted by 2016.

Funny, I alluded to this sort of thing in another thread, about everyone having a camera and video editing on their computer now.

The world we knew is disappearing. I remember saying to my better half a long time ago how interesting it would be to watch a "generation shift" in culture through technologies, ect-but I find myself rather sad at the disappearance of the places the article mentioned-yet if it weren't for home editing software, there's no way I could do my film projects-so it really is a double edged sword.

 

[TheOpusFuller]

I've put some thought into this whole cultural shift and was actually talking to a good friend about it (media, film, music, etc.)

Movies. Music. Etc. Everything is moving towards the digital format.

Is this a bad thing? Absolutely not in my opinion. I actually welcome it with open arms. It's exciting.

This is the way I look at it.

DVDs, Blurays, CDs, Records, etc. All of these things are so easy to get. They are produced in mass bulk and they have very little resale value.

Go buy a newly released DVD, wait a week and then try and sell it online. It's hard to make even a fraction of what you paid for it back. Not only that but the cost for movies these days is ridiculously low. 10 to 12 for new release dvd. 14-25 for a bluray... pffft.

But what I find interesting is when artists are going to release exclusively to a digital format. Let's say an artist like Sam Raimi for example makes a movie. It hits theaters and then after a few months time you can stream it via netflix, itunes, etc. You can also purchase it instantly through those same avenues as well. Then we find out that Sam Raimi is releasing a limited quantity of the physical movie in a special edition, limited edition box set. Hopefully he will charge 200, 300 or even 400 dollars for this ultimate, ultra rare limited set. I'll be fine with that, because that will weed out all the people who just impulse buy for the hell of it. More than likely only those true fans of his will make the purchase on that box set....

Hopefully there will be a cultural shift and the whole system will pull a 180.

Where we once had an over abundance of dvds, cds and blurays now becomes a rare, limited release quantity that is premium content 100%.

Like I said, I'm excited for this!

Hope my post made sense.

 

[Tinalera]

I've put some thought into this whole cultural shift and was actually talking to a good friend about it (media, film, music, etc.)

Movies. Music. Etc. Everything is moving towards the digital format.

Is this a bad thing? Absolutely not in my opinion. I actually welcome it with open arms. It's exciting.

This is the way I look at it.

DVDs, Blurays, CDs, Records, etc. All of these things are so easy to get. They are produced in mass bulk and they have very little resale value.

Go buy a newly released DVD, wait a week and then try and sell it online. It's hard to make even a fraction of what you paid for it back. Not only that but the cost for movies these days is ridiculously low. 10 to 12 for new release dvd. 14-25 for a bluray... pffft.

But what I find interesting is when artists are going to release exclusively to a digital format. Let's say an artist like Sam Raimi for example makes a movie. It hits theaters and then after a few months time you can stream it via netflix, itunes, etc. You can also purchase it instantly through those same avenues as well. Then we find out that Sam Raimi is releasing a limited quantity of the physical movie in a special edition, limited edition box set. Hopefully he will charge 200, 300 or even 400 dollars for this ultimate, ultra rare limited set. I'll be fine with that, because that will weed out all the people who just impulse buy for the hell of it. More than likely only those true fans of his will make the purchase on that box set....

Hopefully there will be a cultural shift and the whole system will pull a 180.

Where we once had an over abundance of dvds, cds and blurays now becomes a rare, limited release quantity that is premium content 100%.

Like I said, I'm excited for this!

Hope my post made sense.

Now admittedly I haven't bought digital movies yet, so they may have these things-but the reason I like the DVD's is all the extras, commenatries, all the extras that I'm not sure how much the digital copies come with. I mean I spent $$$$ on the Looney Toons Gold Collections-why? While the animated shorts were great, it was the MASSIVE amount of features, behind the scenes, commentaries, ect. So I can hear where you are coming from. It surprises me that Lucas for example (unless he has and I don't know it) hasn't released a MASSIVE Single box set of the Star Wars saga, complete with original versions, Clone Wars Shorts, Clone Wars Feature Film, commentaries, behind the scenes and tons of features for like 2-300 dollars in a Darth Vader/Stormtrooper replica helmet prop cast from the original molds.

So I think there may be something like that in future, rare sets with really rare/unique additives to get that "core collector". If people want just the film, that's fine, but for "goodies"-that format is the way to go IMO too.

 

[donroy]

I fear that the signal to noise ratio will plummet in this portion of the arts, as it has in every other segment thast has been "liberated" by home computers. Doubtless, there is going to be some fantastic new material to emerge as a result of this, but over time it will get harder and harder to find.

 

[Zensteve]

I fear that the signal to noise ratio will plummet in this portion of the arts, as it has in every other segment thast has been "liberated" by home computers. Doubtless, there is going to be some fantastic new material to emerge as a result of this, but over time it will get harder and harder to find.

It's already like that, imo.

It was only 6 years ago that the only way to have one's film seen online was to get it accepted by Atom Films (which reviewed & accepted only a portion of submissions) or their competitor (forgot their name), or by paying for your own webhost.

Ever since YouTube exploded onto the scene, it's been like sifting through that proverbial haystack to find original quality material. Of course, referals from friends and "authorities" on the web help somewhat but it's still a terrible S/N right now and it will only get worse.