posted
AByteDoc, yep, you're right. He did say that his amazement was with the percentage decline in box office in the US as far as I could tell. I don't know the real answer. I would like to think that perhaps somehow, he has seen some potential with the Eurotainment site in Europe, and feels that there is another channel to explore. Who knows? Cheers
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As far as the Europe thing is considered, I'm not sure, but it very well could be a tactical decision based on cost (or maybe an outright way of trying to skirt copyright infringement lawsuits--i don't know). While Wi fi internet capability is here, we do not yet have the infrastructure in the United States to have it on a large scale. A few cities (las vegas being one of them) have made big steps to improve the so-called "hotspots" but it is still in its infancy and any type of mobile devices are minimal at best--think cell phones in the eighties. I can check my e-mail or a quick stock quote on my blackberry but I have a lot of problems and we are nowhere near watching full length movies yet.
XM and Sirius have satellite radio, similar to wifi, but not the same (more like satellite television). The problem is cost, it is not exactly cheap to get the next NASA launch to float a WFTV satellite out there for us.
In some cities in the far-east they already have "cable" television on their cell phones, but that is because they have the infrastrucure to do so (similar to cell towers but with much higher capacity for bandwidth, etc.) There are talks that the USA will move to get this technology and carry it across the the old UHF bandwidth--taht would be an important first step.
posted
So I guess this thing will just keep tanking for a while eh? I'm down nearly 50% already.... Might dump and throw my other 50% into HISC. Its doing rather nicely.
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere....
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I think Alex is going to Europe for 1 of 2 reasons.
1. During his conference his said that he was looking into turning Cinimapop into a seperately traded company on the london stock exchange (I think that was the exchange) He is partnered with Andy Brown, the founder/director of Active Media Limited and the former Chief Executive Officer of BT Rich Media (the digital media business unit of British Telecommunications plc, ``BT') So London seems to be the likely base for the launch. And continued promotions through Europe will help this.
or number 2.
He is going on a nice shareholder paid vacation for the summer.
hopefully it's number 1.
well back to work... I will add my 2 cents whenever I can...
ps... is there anything to bid size on these pinks? Sure Etrd has a 2,000,000 bid size but doms will have a 5000 sell and 100,000,000 will go through?
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"...we've been developing for ten years a film library and a film delivery technology and we're still fine tuning how that is going to launch on a global basis, but we're excited about the brand, CinemaPop and we are excited about a relationship with the development of that brand and the idea is to literally throw the need for the video store, the video tapes and eventually the DVD's away." AK - 3-20-2005 - www . wi-fitv . com/afk_interview.html
Those are exciting words -- but, my programmers would have had a film delivery technology developed and working nine years ago.
This is what bothers me most -- he's been doing this Wi-FiTV.com for 10 years now, and they're still "fine-tuning". What we see on this side of the keyboard ain't at all pretty.
[ July 12, 2005, 14:17: Message edited by: AByteDoc ]
-------------------- "The mob has many heads but no brains..."
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quote:Originally posted by cvrockies: ...During his conference his said that he was looking into turning Cinimapop into a seperately traded company on the london stock exchange...
If that happens, he is spinning off what could be perceived as one of Wi-FiTV.com's best assets. What would make keeping the WFTV stock worthwhile at that point? Is Eurotainment.com even part of WFTV? If it is -- why haven't there ever been financials released on that company? It could be that WFTV stock is just for Wi-FiTV.com -- period.
-------------------- "The mob has many heads but no brains..."
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I think he said that Cinemapop would still be owned by WFTV with additional shares being issued for only Cinemapop. That would probably mean that there would be a stock divy for WFTV holders I imagine.
quote:Originally posted by cvrockies: no mm at .0007 and 40 millions shares were just traded at .0007. whats up with that?
Good question -- I've been watching this hound do that kind of trading on a regular basis. Bids at .0002 less than the ask are constantly being filled.
-------------------- "The mob has many heads but no brains..."
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quote:Originally posted by cvrockies: no mm at .0007 and 40 millions shares were just traded at .0007. whats up with that?
Good question -- I've been watching this hound do that kind of trading on a regular basis. Bids at .0002 less than the ask are constantly being filled.
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The people bashing this stock like pens are so friggin stupid it kills me. First he says its going to .002 then .0003. That would be wonderful as thats a 300% from these levels. Face it guys every company in the OCTBB and Pinks can be bashed. They are all start-ups and unproven companies with debt and little revenue. Everything is a pump and dump and the thing is the pump hasnt even started yet on WFTV. Dilution is a part of the game learn to live with it.
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I found this article on MSN. Its long, but interesting that its about what wifi is pointing at. The Vanishing Box Office A terminal condition. By Edward Jay Epstein Posted Tuesday, July 5, 2005, at 10:01 AM PT
Listen to this story on NPR's Day to Day.
Despite the weekly chorus of doom about the decline of the Hollywood box office, the six major studios—Paramount, Warner Bros., 20th Century Fox, Disney, Universal, and Sony—actually took in more money from their movies in the first half of 2005 than they did in the same period in 2004. These studios (and their subsidiaries) earned $3.2 billion at the box office from Jan. 1 to June 30 in 2005 as opposed to $2.7 billion the previous year (click here for a table). To be sure, there was a 7 percent decline in overall U.S. ticket receipts, but the loss came mainly at the expense of independent distributors and studioless studios, which account for more than half of the films released in the United States. So, even though fewer Americans went to the movies in 2005, the big studios did not lose out.
Now the bad news: Whatever the box-office blips, the regular movie audience has been so decimated over the past 56 years that the habitual weekly adult moviegoer will soon qualify as an endangered species. In 1948, 90 million Americans—65 percent of the population—went to a movie house in an average week; in 2004, 30 million Americans—roughly 10 percent of the population—went to see a movie in an average week. What changed in the interval was that virtually every American family bought a TV set, and home entertainment largely replaced theater entertainment.
More important than mere numbers, the nature of the audience changed in this secular decline. When talkie movies arrived, weekly moviegoing became the true national pastime. In 1929, the year of the Great Depression, 95 million people a week went to the movies. Most of these people didn't arrive at the neighborhood theater to see one particular film. They went to see a three-hour program that included newsreels; short comedy films, such as The Three Stooges; cliffhanger serials, such as Flash Gordon; a "B" feature, such as a Western; and finally, the main attraction. Best of all, this huge regular audience needed no advertising to prod it. The new film's title on the marquee, the lobby posters of the stars, and the listings for it in the local newspapers constituted all the advertising necessary to sell most movies.
In 1948, when home TV was still a rarity, theaters sold 4.6 billion tickets. By 1958, TV had penetrated most American homes, and theaters sold only 2 billion tickets. The Hollywood studios tried to counter television with widescreen (CinemaScope), noisier (surround sound), and more visually exciting (special effects) movies, but technology did nothing to stem the mass defections. They also tried epic, three-hour movies, such as Ben Hur, Lawrence of Arabia, and Dr. Zhivago, that, although they succeeded individually, had little effect on the weekly movie audience. Even the much-heralded fantasy bonanzas of Spielberg and Lucas could not halt the decline. By 1988, ticket sales hovered at 1 billion.
The studios, realizing that they could no longer count on habitual moviegoers to fill theaters, devised a new strategy: creating audiences de novo for each movie via paid advertising. Audience-creation is a very expensive enterprise—in 2004 the studios' average cost for advertising a film was $30 million. Studios justified this expenditure on the grounds that huge opening-weekend audiences would help turn a movie into an "event," generating word-of-mouth and other free advertising that would continue to bring moviegoers into theaters, and, later, into video stores. Titanic, for example, took in only a modest $28 million over its opening weekend. Two weeks later, after it had become a word-of-mouth event, the movie had earned $149 million. It wound up grossing a phenomenal $600 million at American theaters. While no other film has equaled the success of Titanic, such "event" films are what studios depend upon to pay the bills.
What terrifies top studio executives this year is not the 7 percent decline in the overall box-office receipts, but the dearth of word-of-mouth event movies. Even George Lucas' heavily advertised Star Wars—Episode III: Revenge of the Sith, which debuted on more than 3,600 screens in America, fell to $25 million in just two weekends (after a $108 million opening). The studios' marketing chiefs look at these numbers and see that they can still drive teens to the multiplexes with ads, but these manufactured audiences, while they may produce pseudo-events in the entertainment media, no longer create the event movies that the studios need.
Meanwhile, with home entertainment poised to make a quantum leap in quality with high-definition television, TiVo-type digital recorders, and high-definition DVDs, the studios recognize they have as much of a chance at stopping the secular shift of audiences from the theater to the home as King Canute had in commanding the tide.
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Highlander are you here?Idid look at bhwk and im staying away dont like,Hang in there i got that new stock pic but waiting word on last bit of info,Id but back into wftv these prices are a bargain ihave been accumalating everyday so if it wants to drop cause hes issuing shares well no problem ill keep on buying to avg down,But anyway,How was fishing?
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?
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