Well, I was going to comment on the how AOL was spun off from AOL Time Warner and then segue into Comcast buying out NBC Universal from GE. I was going to discuss how NBC Universal came to be, how they're a media and entertainment conglomerate powerhouse that was formed in May of 2004 when GE and Vivendi merged them. Then, I was going to get into my thoughts on what this could mean and how it's a bit of a game changer...Very quickly, I do want to say that the idea that a huge cable and internet provider now has a huge entertainment studio is pretty crazy. I don't think it'll effect Universal and film that much, but it will really effect TV. It'll effect how TV is delivered, how it's consumed and what TV can do. Think about it, this merger could very will be the catalyst that pushes online entertainment past the tipping point. Comcast's "TV anywhere" and NBC Universal's "Hulu" are now, in effect, one. I think this is going to open a lot of doors for indie content makers... and I'm going to have to discuss my thoughts on that later, as I just read something that stopped me dead in my tracks. So, hold the presses...
I just read on Variety that Paramount, the studio that picked up and distributed the micro-cinema smash, "Paranormal Activity", is launching an initiative that will spend around $1Million annually to develop between 10 and 20 micro-cinema films a year... and no individual project will have a budget over $100,000. Here's a link to the article on Variety. Is this it? Is this the point in time when micro-cinema makes the jump to prime time? I only have one question - how do I get in on this?
I'm definitely going to be looking deeper into this and I hope to have more news for you soon!
1 comment:
you know, this is why this blog is on my daily read list. Your views on micro-cinema have been exactly what I have been saying to anyone that will listen.
and that last paragraph is exciting.
Very exciting...
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