Content Creators Address the Transformative Potential of VR

The Stanley Kubrick of VR content has not yet been born, suggested Jaunt Studios co-head of studio Tom Vance during a CES 2018 panel. STXsurreal co-president of VR/immersive entertainment Andy Vick added that he believes we have to wait until today’s 12-year-olds get old enough to direct. “Today, we’re leaning on traditional filmmakers,” he said. “And they have to try to not think about a large screen and throw out a lot of production techniques or reshape and augment them to really craft something that makes sense for this medium.” Continue reading Content Creators Address the Transformative Potential of VR

Entertainment Companies Join Forces to Battle Online Piracy

A group of media and entertainment companies — including Amazon, AMC Networks, CBS, Disney, HBO, Hulu, Lionsgate, MGM, NBCUniversal, Netflix, Paramount Pictures, Sony Pictures Entertainment, Twentieth Century Fox and Warner Bros. — has formed a new coalition, the Alliance for Creativity and Entertainment (ACE), to combat online piracy. “ACE will draw on the anti-piracy resources of the MPAA,” reports Variety. “The group plans to conduct research, work with law enforcement to curtail illegal pirate enterprises and ‘pursue voluntary agreements with responsible parties across the Internet ecosystem.’” The coalition also plans “to file civil litigation in their fight against copyright infringement.” Continue reading Entertainment Companies Join Forces to Battle Online Piracy

STX Entertainment Acquires Surreal, Launches New Division

STX Entertainment is making a move into virtual reality with its purchase of Surreal Inc., producer and distributor of immersive media content. “Under terms of the deal, Surreal will operate as a division of STX, led by co-founders Rick Rey and Andy Vick, who now will serve as co-presidents of VR and Immersive Entertainment under the new STX Surreal label,” reports Deadline. “Rey and Vick are among those at the forefront of VR, including live-action 360-degree video and interactive VR content.” STX president Sophie Watts will oversee the new division. STX recently became strategic equity partners with China’s Tencent Holdings Limited and Hong Kong telecom PCCW. Continue reading STX Entertainment Acquires Surreal, Launches New Division

Hollywood Studios Weigh Impact of Rotten Tomatoes Scores

To understand why some movies bomb, Hollywood studio executives are increasingly focused on Rotten Tomatoes and other platforms that aggregate hundreds of views into a single score. This switch is a marked difference from past decades when high-profile movie critics at big newspapers were the most important judges of a movie’s merit. Those critics still exist, but primarily seem to hold sway with a small group of older viewers. Rotten Tomatoes and Metacritic scores, meanwhile, show up in today’s search results and social media conversations. Continue reading Hollywood Studios Weigh Impact of Rotten Tomatoes Scores