The present and future of post production business and technology | Philip Hodgetts

CAT | Business

We can use Avid’s accounts and their 10K filing to calculate revenue for their professional video editing software (i.e. Media Composer/Symphony and DS). In Avid’s 2011 10K filing they state:

Sales of professional video-editing products accounted for approximately 11%, 13% and 13% of our consolidated net revenues for 2011, 2010 and 2009, respectively.

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There’s been a lot of speculation about Avid’s Financial Position – some of it by me for sure – that I decided to spend a little time examining the most recent accounts I could find to work out what the facts are.

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Terry and I got together at NAB 2013 and recorded our impressions of the show in the Press room.  http://www.theterenceandphilipshow.com/?p=489

According to the Department of Labor Statistics – somewhat more impartial than the RIAA/MPAA block – Jobs in the Movie and music business just hit an all-time high, which is somewhat at odds with the (incredibly biased and largely fabricated) reports from the dinosaurs in the studios and networks.

We don’t buy your lies any more.

It’s the end of the month and, as do most small business folk, I look at how the month has been, and how the year is going. Looking at the end of the March quarter, I noticed that our Sync-N-Link sales had tipped from our Final Cut Pro 7 version to favor Sync-N-Link X (for Final Cut Pro X).

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In this episode Terence and Philip discuss the legal action RED Digital Cinema has taken against Sony Corporation over a patent dispute. http://www.theterenceandphilipshow.com/?p=483

When preparing for this week’s Digital Production BuZZ  (March 21) Larry Jordan emailed a little ahead of the interview on Funding Television production. Larry wanted to expand the subject to funding films, but I argued that I wanted to keep the attention on Television, because I believe that Television is greater than Movies.

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An interesting article at the Hollywood Reporter argues that the Television industry needs a Steve Jobs – like visionary and needs it soon. While Television has been adapting (slowly) to the changes in viewer behavior it’s not particularly “customer friendly”.

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Production is a business but it seems that we only “allow” financing by the distribution channel. I wonder why other forms of capital investment aren’t being used. Well, one example is the recent purchase by Content Partners of a 50% interest in the CSI franchise.

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Over at The Mac Observer, John Martellaro writes what I’ve been wanting to say for a long time: almost everything written about Apple by “analysts” is either completely worthless because they know nothing; or is being written to manipulate the stock price.

Apple is not like other companies, which is why analysts et al get it wrong 90% of the time when they’re writing about Apple.

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