-By Scott Rosenberg
This month’s column begins in Hollywood, California. I know, I
know, my beat is Asia, but I have to wish hearty congratulations
and best wishes to our good friend Paul Stambaugh, who on Oct. 3
took over the helm of Prasad Corporation Ltd., a member of the
55-year-old Prasad Group out of Chennai, India.
Paul, who served two tours of duty at Technicolor’s Bangkok
facility as general manager, is senior VP, North America
operations. He is responsible for the day-to-day management of the
Hollywood office, with oversight of the company’s North America
Digital Media Services. He reports to Saiprasad Akkeneni, president
and CEO of the Prasad Corporation.
Prasad is a state-of-the-art, full-service digital facility
offering restoration, 2D-to-3D conversions and visual effects.
Prasad has digitally restored films from around the world including
several Academy Award-winning pictures.
“Paul is an imaginative leader and is extremely knowledgeable about
the state of the international film industry,” said Akkeneni. “Most
importantly, he shares our clients’ passion about film, film
restoration and the tremendous potential that digital media
provides to monetize this asset in today’s world.”
Reliance Explores ‘Smart Content’
Next we swing over to Bombay, where Reliance MediaWorks announced
they are working with Thought Equity Motion, Inc., a provider of
video management and licensing services to offer integrated,
digital “smart content” solutions in India.
Reliance will help its clients increase the accessibility and value
of their content libraries through Thought Equity Motion’s
cloud-based video platform. Reliance will support Indian film
studios, broadcasters and sports bodies as they move to digital
file-based workflows and expand their distribution avenues across
new media such as tablets and HD streaming.
Thought Equity Motion licenses sports, news, entertainment,
editorial and creative content to the world’s leading producers in
advertising, film, television, publishing, and interactive media
and works with more than 400 rights-holders globally to store,
manage and monetize their libraries.
Reliance MediaWorks had initially partnered with Thought Equity
Motion in April 2011 to offer media and content services including
restoration, image enhancement and up-rezzing from SD to HD to
various global film archives and libraries.
Single Screens Fight to Survive in Ludhiana
Remaining in India but moving way up north to the state of Punjab,
in the small town of Ludhiana where the shift from single-screen
theatres to multiplexes is taking place, nearly two dozen
single-screen cinemas are finding it difficult to survive.
Of the 21 single-screen theatres in Ludhiana, ten play Bhojpuri
films due to market demand, while others show old action movies or
dubbed ones, with some playing C-grade films to economize.
Bhojpuri is a language spoken in parts of north-central and eastern
India. Bhojpuri is also spoken in Guyana, Suriname, Fiji, Trinidad
and Tobago, parts of Nepal and the Mauritius Islands.
"The glut of Bhojpuri-language films has been the only surviving
factor for single-screen cinemas. However, single-screen tickets
are still priced between Rs 15 to 30 [31 to 62 U.S. cents],” said
Ranjit Singh, manager of Aarti cinema.
Cinemas in Ludhiana date back all the way to the very beginning of
the 20th century. Raikhey theatre, the oldest existing cinema in
the city, opened in 1933 and the first talkie movie was screened
there.
SF Cinema City Invests in Sony 4K
Could not leave you all hanging without some news from my adopted
home town. Here in Bangkok, SF Cinema City announced plans to
invest US$16 million for 100 digital projectors using the
high-resolution 4K system from Sony Corporation, to be fully
delivered by the end of 2012.
Suvit Thongrompo, managing director of SF Cinema City, said the
first shipment of 25 projectors, costing $4.8 million, would be
delivered by the end of this year. This will increase the number of
digital cinemas handled by SF Cinema City from the current 22
screens to 47. SF Cinema City went online with its first digital
cinema in 2003 with
Finding Nemo, the first blockbuster
shown in digital format.
The company currently operates 112 cinemas in Bangkok and another
80 in major Thai provinces, including Chon Buri, Rayong,
Chanthaburi, Phuket and Khon Kaen.
Thongrompo said the company would open eight cinemas at the
Terminal 21 complex on Sukhumvit Road in the center of Bangkok next
month, and another 11 at CentralPlaza Rama IX, also in November.
Three screens at Terminal 21 and five at CentralPlaza Rama IX will
be digital.
Thongrompo commented, “Digital is becoming the standard projection
format used by Hollywood. Many Thai producers are also launching
their movies in digital format, which is a good sign for the
industry. Many blockbusters such as
The Amazing Spider-Man, The
Dark Knight Rises and
Men in Black III are in digital
and will be shown locally in 4K digital format.”
He added that SF Cinema City is expected to grow its box-office
sales by 20 percent to about $48 million this year. "We achieved 15
percent year-on-year growth in ticket sales in the first two
quarters of this year. We are also counting on a strong lineup of
blockbusters in the fourth quarter, including
Mission:
Impossible—Ghost Protocol, Sherlock Holmes: A Game of Shadows
and
The Twilight Saga: Breaking Dawn—Part 1."
Thongrompo also reported that the overall cinema market in Thailand
is expected to grow at least 10 percent this year to about $128
million in ticket sales.
Contact Scott Rosenberg with relevant news stories at
prdivision@gmail.com. You may also follow him on Twitter @scott_cos or on
Facebook: D Scott Rosenberg.
Congratulations to Paul Stambaugh!
Oct 14, 2011
-By Scott Rosenberg
This month’s column begins in Hollywood, California. I know, I know, my beat is Asia, but I have to wish hearty congratulations and best wishes to our good friend Paul Stambaugh, who on Oct. 3 took over the helm of Prasad Corporation Ltd., a member of the 55-year-old Prasad Group out of Chennai, India.
Paul, who served two tours of duty at Technicolor’s Bangkok facility as general manager, is senior VP, North America operations. He is responsible for the day-to-day management of the Hollywood office, with oversight of the company’s North America Digital Media Services. He reports to Saiprasad Akkeneni, president and CEO of the Prasad Corporation.
Prasad is a state-of-the-art, full-service digital facility offering restoration, 2D-to-3D conversions and visual effects. Prasad has digitally restored films from around the world including several Academy Award-winning pictures.
“Paul is an imaginative leader and is extremely knowledgeable about the state of the international film industry,” said Akkeneni. “Most importantly, he shares our clients’ passion about film, film restoration and the tremendous potential that digital media provides to monetize this asset in today’s world.”
Reliance Explores ‘Smart Content’
Next we swing over to Bombay, where Reliance MediaWorks announced they are working with Thought Equity Motion, Inc., a provider of video management and licensing services to offer integrated, digital “smart content” solutions in India.
Reliance will help its clients increase the accessibility and value of their content libraries through Thought Equity Motion’s cloud-based video platform. Reliance will support Indian film studios, broadcasters and sports bodies as they move to digital file-based workflows and expand their distribution avenues across new media such as tablets and HD streaming.
Thought Equity Motion licenses sports, news, entertainment, editorial and creative content to the world’s leading producers in advertising, film, television, publishing, and interactive media and works with more than 400 rights-holders globally to store, manage and monetize their libraries.
Reliance MediaWorks had initially partnered with Thought Equity Motion in April 2011 to offer media and content services including restoration, image enhancement and up-rezzing from SD to HD to various global film archives and libraries.
Single Screens Fight to Survive in Ludhiana
Remaining in India but moving way up north to the state of Punjab, in the small town of Ludhiana where the shift from single-screen theatres to multiplexes is taking place, nearly two dozen single-screen cinemas are finding it difficult to survive.
Of the 21 single-screen theatres in Ludhiana, ten play Bhojpuri films due to market demand, while others show old action movies or dubbed ones, with some playing C-grade films to economize.
Bhojpuri is a language spoken in parts of north-central and eastern India. Bhojpuri is also spoken in Guyana, Suriname, Fiji, Trinidad and Tobago, parts of Nepal and the Mauritius Islands.
"The glut of Bhojpuri-language films has been the only surviving factor for single-screen cinemas. However, single-screen tickets are still priced between Rs 15 to 30 [31 to 62 U.S. cents],” said Ranjit Singh, manager of Aarti cinema.
Cinemas in Ludhiana date back all the way to the very beginning of the 20th century. Raikhey theatre, the oldest existing cinema in the city, opened in 1933 and the first talkie movie was screened there.
SF Cinema City Invests in Sony 4K
Could not leave you all hanging without some news from my adopted home town. Here in Bangkok, SF Cinema City announced plans to invest US$16 million for 100 digital projectors using the high-resolution 4K system from Sony Corporation, to be fully delivered by the end of 2012.
Suvit Thongrompo, managing director of SF Cinema City, said the first shipment of 25 projectors, costing $4.8 million, would be delivered by the end of this year. This will increase the number of digital cinemas handled by SF Cinema City from the current 22 screens to 47. SF Cinema City went online with its first digital cinema in 2003 with
Finding Nemo, the first blockbuster shown in digital format.
The company currently operates 112 cinemas in Bangkok and another 80 in major Thai provinces, including Chon Buri, Rayong, Chanthaburi, Phuket and Khon Kaen.
Thongrompo said the company would open eight cinemas at the Terminal 21 complex on Sukhumvit Road in the center of Bangkok next month, and another 11 at CentralPlaza Rama IX, also in November. Three screens at Terminal 21 and five at CentralPlaza Rama IX will be digital.
Thongrompo commented, “Digital is becoming the standard projection format used by Hollywood. Many Thai producers are also launching their movies in digital format, which is a good sign for the industry. Many blockbusters such as
The Amazing Spider-Man, The Dark Knight Rises and
Men in Black III are in digital and will be shown locally in 4K digital format.”
He added that SF Cinema City is expected to grow its box-office sales by 20 percent to about $48 million this year. "We achieved 15 percent year-on-year growth in ticket sales in the first two quarters of this year. We are also counting on a strong lineup of blockbusters in the fourth quarter, including
Mission: Impossible—Ghost Protocol, Sherlock Holmes: A Game of Shadows and
The Twilight Saga: Breaking Dawn—Part 1."
Thongrompo also reported that the overall cinema market in Thailand is expected to grow at least 10 percent this year to about $128 million in ticket sales.
Contact Scott Rosenberg with relevant news stories at prdivision@gmail.com. You may also follow him on Twitter @scott_cos or on Facebook: D Scott Rosenberg.