Posts Tagged ‘going’
What’s Really Going On With The Zach Braff Kickstarter Firestorm?
Author: Jesus Sargent
The amiable Scrubs actor’s crowdfunding project has resulted in both major fan support and some serious criticism. So, what’s the truth?
Via: Alberto E. Rodriguez / Getty Images
How did the smiley doctor from a cult favorite sitcom become the biggest lightning rod in Hollywood and on the internet?
Last month, Zach Braff launched a Kickstarter drive to finance a new feature film, Wish I Was Here; he had already written the script, about a struggling actor trying to balance fatherhood and his artistic ambition, and he would serve as director and star as well.
The film hit its $ 2 million goal in just a few days (it’s now at $ 2.6 million), but it also earned him scorn. Bloggers and industry members snarked over Twitter — Tim Heidecker wrote out a particularly cruel fake scene for the film — and independent filmmakers debated whether the influx of celebrity-driven projects would bring more attention to Kickstarter (as Braff had promised) or deplete the pool of money for those that truly needed it.
“We've been living both under the microscope and in the spotlight at the same time,” Stacey Sher, the producer on his film, told BuzzFeed, noting her surprise at the attention the campaign has garnered.
Braff took to Twitter and media appearances to quiet the storm, but it began anew on Wednesday with The Hollywood Reporter's report from Cannes that the movie had secured “traditional” financing from Worldview Media. The reaction was swift; bloggers called for the over 38,000 people that have backed Braff's film to pull back their pledges, since it seemed that he didn't really need their cash at all.
Once again, Braff had to put out a fire. The money from Worldview, as he wrote in a note on Kickstarter and Sher told BuzzFeed on Thursday, is not so much financing as it is a loan, meant to help him start production while he awaits the funds he earned on Kickstarter and from selling the rights to distribute the film to foreign countries, a process happening at Cannes right now. Worldview isn't giving him money to make the movie so much as giving him a bit of cash now in exchange for repayment — with interest — in the future.
“Normally, when you pre-sell a film in foreign, you end up going to secure a bank loan because you cannot get that money until you deliver the film,” Sher said. “So that's what is referred to as gap financing. A bank takes a service charge for that. It usually takes 10 weeks to secure a bank loan. Because of our schedule for making the film, which is, we begin principal photography in the first week of August, we don't have the time to get at traditional bank loan against our foreign pre-sale agreements… Worldview will provide that right away for us in exchange for the same kind of fees a bank would get and other things a bank wouldn't get because we don't have enough time to get a bank loan.”
This particular project has been about a year in the making, though Braff had been working on scripts since Garden State proved a surprise hit in 2004. In 2011, free of his commitment to the hit sitcom Scrubs, the New Jersey native mounted his theatrical writing debut, the Off-Broadway play All New People.
“He did his play that summer in New York, which also grew out of the frustration of him being a personal iconoclastic filmmaking voice, but it didn't really translate readily to what's going on right at this moment in mainstream Hollywood,” Sher says. He also began writing with his brother Adam the script that would become Wish I Was Here, which he finished last summer.
Braff has explained that the project, a follow-up to his sole previous directorial effort, 2004's Garden State, was too personal for him to subject it to the creative interference — or meddling — of the financiers that usually back independent films.
Sher read it this past winter and signed on to produce along with her business partner, Michael Shamberg. She was surprised, she says, that they weren't finding the money to mount what was not a sequel to Garden State but at least, as she calls it, “an emotional kindred spirit.” Today, Hollywood places a much higher value on tentpole action movies, the big summer blockbusters like Iron Man and Transformers that can return megabucks around the world if successful; they swing for the fences, hoping for a grand slam instead of stringing together solid singles and doubles.
And so, Braff and Sher took stock of what they thought producing the film would require, financially, and saw an uncertain road ahead.
“Foreign sales is a very quirky market, and what is valued and what isn't valued explains the kind of packages we get in the multiplex sometimes, where people go, 'How did that cast come together?'” she says. “Well, it's a function of how you pre-sell foreign and the eccentricities and complications of independent film finance. And basically we just decided to take a risk.”
In March, Rob Thomas launched the Veronica Mars movie Kickstarter campaign, breaking crowdsourcing records with a nearly $ 6 million haul. It became clear that Kickstarter could be used to finance a multimillion-dollar movie, though without the built-in fan base of the cult CW hit, there was some uncertainty whether Wish I Was Here could be one of them. There has also been an element of critical derision of Garden State, a sort of backlash to what was seen as a defining indie film that is now both loved and tweaked for its quirks, which made things even more uncertain.
They decided to take the leap, anyway, and made the crowdfunding site one of three avenues they'd take to reaching the $ 5-6 million budget. The other two would be whatever they could earn in foreign distributor fees, and then Braff's own money, which Sher calls “a very large contribution.”
“I'm not taking a fee on the film, people aren't taking fees, and those that have to take fees are working for scale,” Sher says, defending her star against charges that, as a millionaire making a continuous income via Scrubs syndication, he's lining his pockets' with fan money. “That's one of the things that has been odd about some of the stuff that's been written.”
In his note last night, Braff explained the financing situation and then offered fans a chance to take back their money.
“Let's be frank. There are people out there who don't want this to work. There are people out there rooting for me and you (if you're a backer) to fail,” he wrote. “There are bloggers writing hateful things about me. I can take it. I'm kind of used to it. I hope you can. But if you feel misinformed or you no longer like this, you can cancel your support anytime in the next 8 days.”
Before he wrote that note, it was announced earlier Wednesday that Mandy Patinkin and Josh Gad had been cast in the film, something that Sher says was a product of the unique approach they have taken to making the project.
“Worldview has no creative control over the film. None of our partners have creative control over the film,” she says. “When people say Zach found full financing, that's just not true. If we wanted to give everything away, the fact that his film could be taken away from him, that he wouldn't have control over who he cast, then we would have taken the traditional model… Because of our 38,000 backers to date, we can cast Josh Gad for a part that somebody would have wanted a much larger star for based on foreign value.”
Most stories based on the THR report have been updated with the clarification Braff provided last night, with criticism at least slightly muted for now.
The SEC is currently evaluating Slated, an online exchange with which investors can put money into a film project and receive financial returns, not just the prizes — T-shirts, digital downloads, set visits — that can be offered to Kickstarter contributors. That could quiet the criticism that projects like Braff's receive, though Slate's launch date is still in question.
There remains a debate to be had over whether it's helpful or right for mainstream filmmakers to be using what was initially meant to be a platform for truly independent artists to make their projects outside the mainstream system. Perhaps more importantly, whether the enthusiasm for these seemingly unlikely projects will change traditional financiers' minds about funding them also remains to be seen.
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Boldy Going: Radio-Controlled Flying USS Enterprise
Author: Brian McKinnell
This is a video of Youtuber TheMiro59 building and test-flying his custom built radio managed USS Enterprise. It has light results and everything. Unfortunately, it’s not the best flyer, however hey– neither am I.
PILOT: Attention all passengers, this is your captain speaking.
ME: HOLY SPUNK, WE ‘RE ALL GONNA DIE. Mayday, Mayday! \* downs plane bottle, braces for effect \* Struck the jump for the video, however skip around after the 3:00 mark to see the examination air travels.
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Dollar collapse question. When are countries going to realize we dont produce anything other than green paper?
Author: Angela Chin
Question by LolWhoGivesA5hitAboutGlobalWarming: Dollar collapse question. When are countries going to realize we dont produce anything other than green paper?
We consume all the worlds resources in the states and produce nothing because of strict regulation on business and outsourcing. When are countries going to catch on the the fraud the federal reserve does? When are the people going to realizes the quantitative easing (printing money out of thin air) is just a way to keep the scam going longer?
Third might sound good, until you see how much we consume. Then you realize we need to be far ahead of even number one to keep a healthy economy.
Most of the worlds resources.
Best answer:
Answer by Top Source
Duh,
The US is the world’s third largest exporter.
————-
Edit:
http://ec.europa.eu/trade/creating-opportunities/bilateral-relations/countries/united-states/
“The EU [European Union] and the US economies account together for about half the entire world GDP and for nearly a third of world trade flows…
“EU goods imports from the US in 2010: €169.5 billion.
“EU services imports from the US in 2010: €131.0 billion.
“EU investment flows to the US in 2009: €79.2 billion.”
————-
http://daniel-workman.suite101.com/americas-top-imports-exports-2008-a156268
“As the world’s 3rd biggest exporting nation, America shipped $ 1.291 trillion worth of exports in 2008.
“Principal American exports were capital goods including aircraft, industrial supplies like organic chemicals, consumer goods including automobiles and agricultural products led by soybeans and corn.
“Based on 2008 statistics, America’s largest export clients were Canada (20.1%), Mexico (11.7%), China (5.5%), Japan (5.1%), Germany (4.2%) and the United Kingdom (4.1%).”
============
These ignorant, hysterical questions are typical of those who rant against “The Fed!”
And of those who try to scapegoat “Regulations!” as the cause of President Cheney’s Great Recession,
when ,in fact, it was the GOP’s ideology of De-Regulation that allowed the Global Plutocratic Cabal’s Big Banks to loot working Americans’ net worth:
International Monetary Fund’s former Chief Economist:
“Our leading bankers looted [the United States], plunged the world into deep recession, [starting Dec, 2007] and cost the United States eight million jobs.
“Now many of them stand by with sharpened knives and enhanced bonuses – willing to suggest how the salaries and jobs of others can be further cut.
“Consider the morality of that.
“Will no one think hard about what this means for our budget and our political system until it is too late?”
By Simon Johnson, former Chief Economist @ the International Monetary Fund.
http://economix.blogs.nytimes.com/2010/12/30/fresh-crises-loom-in-europe-and-the-u-s/
http://economix.blogs.nytimes.com/2011/02/10/ship-of-knaves/
—————–
Paul Krugman, Nobel Laureate in Econ: The 2000s, the “Decade of Zero”: Zero gains for home prices, home equity, workers’ median income, employment, & stockmarket.
http://www.nytimes.com/2009/12/28/opinion/28krugman.html?em
——————–
From 2001 to 2009, for the first time since WW2, the average American’s net worth fell, and by a huge 13%.
The 1990s had the largest increase, 44%.
http://articles.latimes.com/2010/jan/02/opinion/la-oe-rutten2-2010jan02
————————————–
Robert Reich, Sec of Labor under Clinton:
“What’s happened in the last 30 years is that worker [in the private sector] has taken a shellacking.
“The US economies’ problems lie w/ “fraud, deregulation and vast concentration of wealth.
“For three decades we’ve cut taxes on the wealthy while real wages stood still.”
. .
http://www.nytimes.com/2011/01/08/business/economy/08reich.html?pagewanted=2&ref=business&src=me
——————————————–
The median American male worker earns less today [in 2010] adjusted for inflation, than he did 30 years ago.
http://www.nytimes.com/2010/09/03/opinion/03reich.html?_r=1&
Know better? Leave your own answer in the comments!
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Is it true that LG is going to launch its first oled TV at around $10,000?
Author: Mark Jeffries
Question by Bruce: Is it true that LG is going to launch its first oled TV at around ,000?
I read an article about LG oled TV and it said their oled tv is more expensive than Samsung’s, is it true? And I wonder why oled TVs are so expensive.
Best answer:
Answer by splash
No definite price has been set for the LG 55″ 55EM9600 but some have estimated that it will go on sale later for around $ 8000
What do you think? Answer below!
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If You Don’t Have Cable TV, Sports-Streaming Apps May Be Going, Going, Gone
Author: Brittany Turner
The NCAA abandoned its pay-once-and-watch-anywhere app for one that requires a cable-TV subscription — and it's been a huge success.
Image by Tim Sharp / Reuters
Last season, watching March Madness was a breeze: you could drop a few bucks and have streaming goodness across your computer and every mobile device. This year? No such luck. You get free streaming on your mobile device and computer… but the app you use to do so only works if you’re a registered cable user and sign up for an arcane, cumbersome service called Watch TV Everywhere. The worst news: for CBS, Turner, and the NCAA, this plan has been a success. For the first four days of games, live streaming was actually up 200 percent over last year in terms of the number of hours streamed. What does that mean? Well, if you're part of the growing movement of cord-cutters — people eschewing paid cable-TV service for an aggregated collection of services like Netflix and Hulu Plus — and you also happen to be a sports fan, you're going to face some tough choices. And soon.
This strategy originated with NBC's summer-of-2012 Olympics coverage. NBC streamed the London games live online through its website, but only if you could authenticate with the aforementioned service. If you're a subscriber of one of the larger cable companies, it was a relatively easy process. Not so much if your cable provider is smaller and locally-owned. Regardless, the Watch TV Everywhere signup experience is so bare-bones and lacking — there's no support system, neither by email nor phone, should you run into technical issues — that its very existence is off-putting from the get-go.
Still, people want their sports. Actually, they need their sports, as these growth numbers indicate. And CBS and Turner (and the NCAA, by extension) are willing to tie their apps to cable TV because cable TV is their gravy train. Go to that link and look at how much you — and everyone else who subscribes to cable, even if they think sports are silly childish distractions for meatheads — are giving to sports leagues through cable. As pseudo-monopolies, cable providers make a lot of money from fans who have no other way to see games and leagues/networks who have no other way to reach an audience. That might change in the future if a la carte cable subscription plans enter the marketplace, but for now, sadly, the NCAA's decision not to circumvent Big Cable is a very defensible one.
Which is too bad, because the other major sporting event of the week — MLB Opening Day — reminds us what good can come of a league developing its own direct channel to fans. If the March Madness cable TV/authentication vortex-of-dumb is one end of the spectrum, the MLB At Bat app lies at the other far end. It’s won all kinds of awards and is the top-selling sports app in mobile history. It's also easy to use, helpfully intuitive and customizable, and continually getting better. (Among this year's newest features? More than 60 classic games available for unlimited streaming.) And MLB has still managed to make money from it. All-platform access to the basic service costs $ 20. Pony up for the full $ 130 Premium package and you get near-complete video and audio across every device you own. It's an amazing offering and customers (including this writer) are more than happy to hand over their money every year. And while the auto-renew terms are obtuse and MLB's blackout rules continue to defy all kinds of logic — primarily that in-market fans can't watch their home teams on the app — it's the standard-bearer for what sports apps could (and should) be: everything you want for one upfront cost and no confusion.
CBS, Turner, and the NCAA decided not to play that way. And the year-on-year jump in viewership they earned for this decision, sadly, may usher in some kind of chilling effect on apps that veer toward the At Bat model. MLB could decide it's more valuable to protect TV ratings than to continue promoting At Bat, or sell only a bastardized version of the app tied to cable authentication. They might even only offer it to the 71 million cable subscribers that get MLB Network.
The March Madness situation isn't going to get any better. The Madness app — the one you need a cable-TV subscription to use — is released not through CBS or the NCAA itself, but through Turner Sports. And where will the tournament championship game most likely air next season? Not on CBS but either TBS or TNT, a.k.a. Turner Sports cable networks. The college basketball world is headed toward making cable an even more-critical component of their online strategy. We can only hope that other sports don't follow.
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9 People Who Got Fired For Going Viral
Author: JohnnyBells
A group of miners in Australia were recently fired for recording themselves doing the Harlem Shake while on the job. They're the latest in a long line of people who were fired, justly or unjustly, for not thinking before they posted something on the Internet.
A group of miners doing the Harlem Shake in Australia:
The eight men in this video, as well as seven other bystanders who were looking on, were all fired from the Agnew Gold Mine in Australia because of safety violations and for breaching “core values of safety, integrity and excellence.”
Source: youtube.com / via: thedailybeast.com
An Applebee's waitress who posted a bad tip online:
A waitress in St. Louis, MO was fired from the Applebee's she worked at after she posted a receipt from a bad tipper on Reddit. The receipt was from a local pastor named Alois Bell who decided she didn't need to tip the waitress the required 18% for large groups because she only tithes 10%.
Source: reddit.com / via: huffingtonpost.com
A group of lifeguards in California who recorded their own version of Gangnam Style:
A group of lifeguards and their manager were fired from a city swimming pool in El Monte, California, after they recorded their own version of the song Gangnam Style. They were rehired shortly afterwards but all of them promptly resigned.
Source: youtube.com / via: usatoday.com
A Gamestop employee who was fired for planking:
A Long Island Gamestop employee was fired for “gross negligence” after tweeting two pictures of himself planking one the job. The employee, John Mazzocchi, had worked at the location for four years, but Gamestop felt his actions put him in danger while he was on company property.
Via: kotaku.com
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Yota Tools Becomes Qualcomm Licensee, Which Ought to Help Its Chances Of Going Global
Author: Jack Schmidt
Yota Gadgets, the Russian business that has nerds like me excited with its combo e-ink/LCD display smartphone designs, today revealed at MWC that it has become part of a software licensing arrangement with Qualcomm to help it bring LTE-capable smartphones, modems and routers to market. Yota becomes the first Qualcomm software licensee in Russia with the offer, and for Qualcomm, it indicates securing a partner in a crucial target location in terms of future mobile market growth.
“ Russia is tactically essential to us as we anticipate sturdy development in the lot of 3G smartphones over the next two years, ” Qualcomme Europe President and Elder VP of QTI Enrico Salvatori is estimated as stating in a release revealing the information. As a hardware company, Yota Gadgets already has a great deal of knowledge under its belt from constructing modems and routers, including its very own self-branded designs starting in 2010. The arrangement with Qualcomm will help them work straight with QTI at every phase of the design process of brand-new devices, which will help the Russian company better compete on a worldwide scale with established OEM handset and mobile device manufacturers.
Yota revealed previously this month that it will start mass producing its ingenious e-ink phone in Signapore, with commercial launch planned first for Russia by the 2nd half of this year, then expanding to Asian markets. The YotaPhone includes an e-ink display on the back of the handset, which can reveal reasonably static and alerts information while sipping power, allowing a user to only switch on the many more power-hungry LCD display on the front when they should view video, for example, or search the web. The YotaPhone is powered by a 28nm Qualcomm Snapdragon S4 processor.
With Qualcomm ’ s backing, Yota improves its chances of becoming a global contender in the smartphone market. The company has actually made waves with its first smartphone design, but now it has to ship the gadget prior to we get a better concept of simply the amount of demand there is out there for a dual-splay mobile.
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What’s going to happen when robots replace the dumb illegal aliens in the work force in the near future?
Author: JohnnyBells
Question by W J: What’s going to happen when robots replace the dumb illegal aliens in the work force in the near future?
With robots doing most of the menial labor, there would be no need for illegal mexicans.
Best answer:
Answer by YB Logical
And the robots won’t kidnap people.
http://www.latina.com/lifestyle/news-politics/phoenix-arizona-kidnapping-capital-usa
What do you think? Answer below!
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Why Pinterest marketers are going rogue
Author: Laura Clark
Last week, Pinterest unveiled a new push for revenue, rolling out business account services and hinting at analytics and advertised “pointers” in the coming months. Not coincidentally, the move came as the company was in talks for a new round of fundraising, trying for a gargantuan evaluation of over $ 2 billion. If any investors were skittish over the lack of profits, they & rsquo; d have great deals of strategies to assure them– even if none of those services was ready for a launch date.
But that was last week, and this week the company is dealing with an uncomfortable surprise: a brand-new crop of companies could have beaten it to the punch.
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Dell debates going private, Microsoft to pay billions to help make it happen?
Author:
The rumor mill’s been going for full bore for about a week now, with unnamed sources clarifying that Dell wishes to come to be a private company, maybe since of its recent uninspired monetary efficiency. Today, the volume of those reports has gotten louder. Both Bloomberg and the Commercial Journal report that Microsoft is aiming to help buy out the COMPUTER maker, paying a grand chunk– in between $ 1 and $ 3 billion– of the rate to buy out Dell’s publicly-owned shares. According to Bloomberg’s sources, Michael Dell and pals have actually formed a committee to evaluate any such deals or offers, but naturally, any various other details about Microsoft’s (or anybody else’s) involvement are rare. We have actually connected to both Dell and Microsoft for comment, and we’ll update our post right here as we discover more.
Submitted under: Desktops, Laptops, Microsoft, DellCommentsSource: Bloomberg
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