New models for movies Henry H. Perritt, Jr.

 Faster processors  Increased storage capacity  Expanding network bandwidth

 Recorded music  Same wake-up calls  Reduced capital costs  Marginal cost, and therefore, price approaching zero  Studios’ heads in the sand  Movies  Same wake-up calls  Much higher capital costs for human capital  Large sunk costs still likely  Innovative efforts to explore new channels: Hulu, Netflix

 Digital exhibition in movie theaters  Internet browsers—fixed and mobile-- as a TV sets  Videogames as platforms for narrative movies

New opportunitiesLegal issues Collaboration through crowd- sourcing and Open Source code Who owns what? Serialization to reduce the capital costsCopyright and trademark protection for characters and long-phase story lines Getting the money to the tableMitigating transaction costs of offering investment opportunities

 Too much on  Narrative principles?  Stages of production?  “Facts” in consumption section  Enough on  New possibilities?  New opportunities for revenue?  IP discussion at the end, as now, or as part of serialization section?