(5) “In 1944, more than half of all box-office receipts were claimed by theaters owned by the five major studios (Paramount Pictures, RKO Radio Pictures, Loew’s, Twentieth Century–Fox Film Corporation, and Warner Brothers Pictures)”
(a) RKO Pictures
https://en.wikipedia.org/wiki/RKO_Pictures
(b)
(i) Loews Cineplex Entertainment
https://en.wikipedia.org/wiki/Loews_Cineplex_Entertainment
(originally Loew's; founded in 1904 by Marcus Loew)
(ii) The German/Jewish surname Loew (German: Löw) is a variant of German/Jewish surname Loewe (German: Löwe). The latter is derived from Middle High German lewe, löuwe ‘lion.’
(6) “And yet Hollywood’s very success in converting creative enterprise into discrete tasks performed by different people foretold the decline of the studios’ power. Antitrust suits, one of which resulted in a 1948 Supreme Court decision, forced the studios’ divestiture of their theater chains.”
United States v Paramount Pictures, Inc, 334 US 131 (1948)
(7) “Technological innovations like the Panaflex handheld camera, which enabled studio-quality results in a more authentic setting, had led to an expansion of location shooting. Directors could achieve a more realistic look.”
(a) Panavision (an American motion picture equipment company specializing in cameras and lenses; based in City of Los Angles; Formed by Robert Gottschalk)
(b) "Contemporary cameras such as the Panavision Gold II can weigh as much as 60 lb (27 kg) depending on configuration. The Panaflex Lightweight II (1993)" (quoting Wikipedia) -- "The camera body weighs only 14 pounds, and weighs about 27 pounds with a 21mm Primo lens, 500 foot magazine with film, and clip-on matte box."
http://www.panavision.com/products/panaflex-lightweight-ii
(8) “In 2011, the research firm IBISWorld named postproduction one of America’s ‘dying industries,’ along with DVD, game, and video rental; newspaper publishing; and photofinishing. * * * Digital Domain, another top-end visual-effects studio, had filed for bankruptcy six months earlier. The key assets of that company, which played a major role in films such as Titanic and Apollo 13, were acquired for $30 million by China’s Galloping Horse America[, LLC, a subsidiary of Beijing Galloping Horse Film Co, Ltd 北京小馬奔騰影視策劃有限公司] and India’s Reliance MediaWorks.”
(9) “In 2000, Wanda [Group 万达集团] entered the commercial-property market, building its first Wanda Plaza 万达广场, in the city of Changchun, with Walmart as its anchor tenant. In the ensuing decade, Wang built Wanda Plazas in prime locations in every major city across China, usually incorporating shopping, a high-end hotel, and a cinema.”
(10) “In February 2014, after Wanda had made a public offering of AMC stock, The Hollywood Reporter could not hide its astonishment: ‘Wang Jianlin has seen the value of his controlling stake in AMC Entertainment more than double since he purchased it 18 months ago,’ it reported, a result that was ‘all but unthinkable back in 2012.’ Wanda’s profit was roughly $900 million.”
Patrick Brzeski, China's Second-Richest Man Doubles His Money on AMC Entertainment Acquisition. Hollywood Reporter, Feb 26, 2014.
http://www.hollywoodreporter.com ... -man-doubles-683684
(11) “Wanda’s qingdao oriental movie metropolis was created, in part, to capitalize on the deconstruction of the Hollywood business model, appealing to Hollywood studios with its state-of-the-art facilities and low labor costs. Yet paradoxically, the new studio is very much part of a vertically integrated chain. After Wang announced the studio complex, he outlined his vision in an interview with The Telegraph: ‘There’s no single company in the whole world that has a big-scale production base, and at the same time has screening and distribution channels. Wanda Group is the first one in the world.’ That’s not really true, of course. Hollywood assembled all the same pieces decades ago, before disassembling them [decades later]. Wang is trying to buck a very long trend. What’s more, he’s doing it in a place that does not always appear conducive to creative endeavor. The Chinese government prohibits movies made or released in China from showing nudity, strong violence, ghosts, time travel, or other subjects deemed unsuitable by the State Administration of Press, Publication, Radio, Film, and Television. The Hollywood moviemakers that film at Wanda Studios Qingdao will probably become increasingly adept at negotiating their way around the harshest restrictions, but it is unlikely that R-rated films will be shot in Qingdao anytime soon. * * * Wang truly is trying to create an industry essentially from scratch. One reason Hollywood went vertical back in the 1920s was that at the time, there were no well-developed networks of specialist suppliers or independent contractors to do the work that was arising as the industry grew.”
(12) “In September, for instance, China Media Capital [CMC 华人文化产业投资基金], a private-equity firm led by a former government official, Li Ruigang 董事长 黎瑞刚, announced a new co-production venture with Warner Bros. and other partners. Li was also instrumental in the creation of Oriental DreamWorks 东方梦工厂, a Shanghai-based studio co-owned by the Hollywood company DreamWorks Animation SKG 梦工厂 and three Chinese companies. The company’s Web site explains that it makes films ‘in China for China and for export to the rest of the world.’ To underscore its intentions, the new studio replaced the boy with a fishing pole in the DreamWorks logo with a panda, and changed the color of the moon from white to red.”
Compare logos:
(a) DreamWorks
https://en.wikipedia.org/wiki/DreamWorks
(b) Oriental DreamWorks
http://www.oriental-dreamworks.com/
(13) “For all of Wanda’s recruiting success so far, the creation of that kind of ecosystem is likely to take decades, not years; that’s another lesson from Hollywood. But then, Wang calls Wanda a ‘centennial company,’ meaning ‘we would like to develop our business for over 100 years’ time.’ ”
"万达愿景: 国际万达 百年企业" |