The San Francisco International Film Festival is under way, and this weekend, we saw a couple of movies there. Of these, one was a 3-hour Bengali film called Calcutta, My Love by Goutam Ghose based on Samaresh Majumdar’s acclaimed novel, Kalbela, which I had read in my teens.
Amidst weak economic conditions, Netflix reported a solid 4Q07 beating the street’s expectations. Revenues in 4Q07 was $302.4 million, up 9% y-o-y. Gross Profit margin was 33.8% compared to 38.9% a year ago. Net profit increased to $15.8 million, up 6% driven mainly by a 9% q-o-q decline in Subscriber Acquisition Cost (SAC) to $34.60,
Business Model Online Movie sites earn money mostly from advertisements, subscriptions and charges for movie rentals and download. Movie download revenues are forecasted to be $60 million in 2007, up from 133.4% in 2006. Movie download revenues are forecasted to cross $100 million in 2008. The online advertising industry is fast realizing the potential of
Overview Watching movies, reading reviews and downloading movies on the Internet are fast becoming a craze in the US and other developed countries. The recent years have seen a consistent surge in downloading movies and buying of DVDs over the Internet. According to NPD there has been a 39% increase in subscription rentals of TV
IMAX is up for sale. As home entertainment becomes increasingly more immersive, with large screen flat panel displays, or even projection systems, the movie-going audience is declining. We routinely make trade-offs such as “Is this a DVD movie, or is it truly worth going to the cinema for?” In recent memory, films that obviously made