Posts by Jeremy Eade
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Warner Brothers- "What the fuck are we going to do when we run out of hobbit books."
Thanks to The Silmarillion that won't happen for about 200 years.
That's a hard book to read. It's as boring as the bible.No hobbit either, at least in the first ten pages.
I hope I'm wrong and these industries go incredibly well and i would support any legislation that would concentrate on New Zealand getting our art on.
I'm always like, "what would Warren Buffett do with his film shares?".
But more money to artistic pursuits, i'm all for.and Tin Tin books are movies already, I'm not feeling the same love as i did for Bilbo, unimagined on screen until P.J
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When an industry dumps half its revenue in one decade the Boston Consulting Group types like to tell you (for a big fee) that you better start making some last big cash until it collapses.
C.D prices were outrageous a few years ago, couple with online downloading and the rise of newer forms of entetainment the market has shed jobs like you wouldn't believe.
The Movie Industry has all the same attributes.
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the music industry has never been healthier.
and that is just ignorance.
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the industry has had bumper years for the last 3. Likewise the movie industry.Planning is good, but don't base it on false assumptions.
- lemming
Jonathan King- The 'movie industry' may be having bumper years, but generally the film business is in deep, deep shit.
Warner Brothers- "What the fuck are we going to do when we run out of hobbit books."
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I'm with Mark, you don't know what you're talking about. And when was a time in history when "revenues were secure in the future
These industries have matured commercially. Jesus,I didn't make this up, it's common knowledge. We are in a strange economic time.
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Plenty of films are made on budgets of under $100k.
Everyone works for free.
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and downloading is a free concept for a lot of twentysomethings, they watch and consume films like single television episodes.
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Where the film industry is troubled, as Jonathan King and others will be able to tell you, is in the current treatment of anything that is not a blockbuster having difficulty getting seen. That's not due to downloading, but to lack of time in the theatres and scheduling against the big ones.
Films are very expensive. Arthouse films are great but they just don't bring in the revenue. If you have a plan to get arthouse or smaller films better receptions I'd love to hear it, but it's all about those bums on seats. Of course that would involve planning , something you told me off about.
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All respect N.Z lemming you really are making no sense.
You should consider that all business is about revenue. These are industy facts, revenues are insecure in the future. Economics is not something I googled yesterday.The immediate good news is that we don't destroy our techies and their families lives for two years, the bad news is that the blockbuster wont last forever. Revenues slip, more concessions on production, etc.
This episode is cartoonish. All labour really have at the end of the day as a negotiation is the withdrawal of their services, as do employers.
But Warner bros executives and Peter Jackson will never starve even if the film bombs.
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the music industry has never been healthier.
Learn something about the entertainment industries.
Music's lost decade: Sales cut in half .CNN
By David Goldman, staff writerFebruary 3, 2010: 9:52 AM ET
NEW YORK (CNNMoney.com) -- If you watched the Grammy Awards Sunday night, it would appear all is well in the recording industry. But at the end of last year, the music business was worth half of what it was ten years ago and the decline doesn't look like it will be slowing anytime soon.Total revenue from U.S. music sales and licensing plunged to $6.3 billion in 2009, according to Forrester Research. In 1999, that revenue figure topped $14.6 billion.
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Although the Recording Industry Association of America will report its official figures in the early spring, the trend has been very clear: RIAA has reported declining revenue in nine of the past 10 years, with album sales falling an average of 8% each year. Last decade was the first ever in which sales were lower going out than coming in.
"There have been a lot of changes over the past 10 years," said Joshua Friedlander, vice president of research at RIAA. "The industry is adapting to consumer's demands of how they listen to music, when and where, and we've had some growing pains in terms of monetizing those changes."
The two recessions during the decade certainly didn't help music sales. It's also a bit unfair to compare the 2000s with the 1990s, since the '90s enjoyed an unnatural sales boost when consumers replaced their cassette tapes and vinyl records en masse with CDs.
But industry insiders and experts argue that the main culprit for the industry's massive decline was the growing popularity of digital music.
"The digital music business has been a war of attrition that nobody seems to be winning," said David Goldberg, the former head of Yahoo music. "The CD is still disappearing, and nothing is replacing it in entirety as a revenue generator."