International 3D Society merges with 3D@Home
To better serve the growing global theatrical, television, video game, and mobile 3D marketplace and professional community, the International 3D Society (I3DS) and the 3D@Home Consortium today announced plans to merge operations and activities. With members in 20 countries and chapters in China, Japan, Korea, Europe, the UK and North America, the new organization will be known as the International 3D Society & 3D@Home. The Merger was ratified by both organizations’ leadership and is effective immediately.
Cameron Pace Group Opens Office in China
"Avatar" director James Cameron and 3-D photography guru Vince Pace's company Cameron-Pace Group has announced that it will set up a China headquarters in the city of Tianjin, a move to promote stereoscopic 3D technologies among Chinese filmmakers, broadcasters and game designers.
James Cameron, who was in China for the 2nd Beijing International Film Festival that kicked off on April 23, signed a cooperation deal for Cameron Pace Group with representatives from Tianjin Binhai New District and Tianjin North Film Group. Cameron and Pace led the creation of the 2009 stereoscopic 3D sci-fi blockbuster "Avatar", which grossed nearly 2.8 billion U.S. dollars at the global box office.
3D is the future of cinema, but...
... I will never shoot stereoscopic. This was said on June 8, 2012 by Rian Johnson whose greatly expected forthcoming sci-fi film “Looper” is going to be released in 2D. In an essay published last week on his web site, Rian Johnson explained that he believes that:
- 1. 3D is the future of cinema.
- 2. The introduction of stereoscopic photography is analogous to the introduction of color.
and also that the stereoscopy we are shooting today is the equivalent of hand-painting color onto black and white frames in the early stages of color cinema. In order to be sure we all understand, he adds: "I subscribe to Chris Nolan’s recent assertion that calling stereoscopic photography '3D' is a misnomer".
Buying RealD Shares Now a Good Idea?
Today, shares of RealD (NYSE:RLD) have crossed bearishly below their 10-day moving average of $12.65 on a volume of 186K shares at the New York Stock Exchange. Over the past year, RealD has traded in a range of $7.85 to $15.97 and is now at $12.36, 57% above that low.
Potential upside of 41.2% exists for RealD, based on a current level of $12.36 and analysts' average consensus price target of $17.45.
3D Film Mart Call for Projects
If you are a producer of stereoscopic 3D movies or a producer of 2D movies considering making your next movie in stereoscopic 3D, we invite you to submit your 3D movie projects to the 2012 3D Film Mart (3DFM), which is the first co-production market for stereoscopic 3D movies in Europe and beyond.
3DFM is sponsored by the MEDIA Programme of the European Commission. 3DFM will take place in Liège, Belgium, on December 4-5, 2012 during our overall 3D Stereo MEDIA event. In 2011, they received 60 projects, for a total budget of about 250,000,000 €. 3DFM is intended to be both a market for stereoscopic 3D movie projects and a forum for discussion and education about producing and distributing S-3D content.