A new report from content protection specialist Nagra, entitled Piracy Has No Boundaries, claims that thieves steal tens of billions of dollars of content value annually and that more than 80 percent of content theft is attributable to streaming. In addition, the report says, eight percent of U.S. households subscribe to illicit internet protocol services for an estimated $1 billion in illegal subscription revenue every year. The report uses Disney and Marvel Studio’s Black Widow as an example of how things can go wrong when feature films are streamed and estimates that the film lost between $50-$70 million because the movie lacked an exclusive theatrical window over its first ten days of release.
Adobe has completed its acquisition of Frame.io, the cloud-based video collaboration platform. The combination of Adobe’s video editing offerings—including Adobe Photoshop, Adobe Premiere Pro and Adobe After Effects—with Frame.io’s cloud-based review and approval functionality will radically accelerate the creative process and deliver an end-to-end video platform, the companies said.
MTI Film has released DRS Nova v5, the latest version of its digital restoration software. The company says V5 has new features to perform common restoration tasks more easily and manage projects more efficiently, especially those delivering in 4K high dynamic range. MTI Film also introduced Shine, a utility for DRS Nova that automates the filtering of dirt and fleeting scratches, reducing the time to make those repairs by as much as 70 percent.
Adobe has entered into a definitive agreement to acquire Frame.io’s cloud-based video collaboration platform. With more than a million users across media and entertainment companies, agencies, and global brands, Frame.io streamlines the video production process by enabling video editors and key project stakeholders to seamlessly collaborate using cloud-first workflows.
Assimilate has announced the immediate availability of its new Digital Imaging Technician Pack+, a bundle of three tightly integrated applications that greatly simplifies the DIT’s day-to-day operations with the most efficient and streamlined workflow to date. The bundle includes Assimilate's Live Looks for live grading, Hedge for camera-media offload and back-up, and Assimilate’s Scratch.
MTI Film has released an updated version of Cortex, its line of software for managing media from the set to the screen. Cortex v5.4 includes dozens of new and enhanced features designed to improve the handling of camera media, dailies production, post-production processing and deliverables packaging. User experience has also been significantly improved, making it even easier to manage projects through successive stages of production and post.
PixitMedia has qualified as an Amazon Web Services Partner in the AWS Partner Network, the global community of Partners who leverage AWS to build trusted solutions and services for customers.
Seagate Technology and Axel ai have joined forces to manage and provide instant user access to many terabytes or petabytes of video content. The new collaboration is centered around the Seagate Lyve edge-to-cloud mass storage platform, designed to offer a coherent data storage architecture extending from on premise removable media through cloud storage-as-a-service, all from a single trusted vendor. Axle ai’s software is a browser-based front end that can be used across multiple storage devices and services, making it easy for media teams to remotely search and manage their content from anywhere. Together, axle ai and Seagate are broadening access to cost effective smart media solutions for real world applications.
The upcoming indie film release Boon, which was filmed in a remote location in Washington State is a modern Western starring Neal McDonough is a spiritual sequel to Red Stone and was shot using virtual production techniques. This ensured the number of on-site production staff were kept to a minimum.
Traditional workflows are making way for transformative digital workflows that enable greater efficiency, flexibility, and cost-effectiveness. This is very true of digital cinema. Now, the Society of Motion Picture and Television Engineers is offering a virtual course entitled Understanding the Digital Cinema Package for members and non-members. With this course, professionals working in media production, distribution, or mastering can learn how to leverage the SMPTE Digital Cinema Package to enable innovation, automation, and cost savings.