...Wechsler bought IMAX with Wasserstein Perella Partners in 1994 -growth strategy included (a) expanding into more public environments (b) presenting Hollywood films -could IMAX thrive as a niche player that made large format films and systems? -would increasing the number of Hollywood movies in Hollywood format save or dilute the imax brand -should Hollywood movies be released simultaneously in regular and large format? -The idea for imax originated in 1967 when filmmakers Graeme Ferguson Robert Kerr and Roman Kroiter wanted to create a large movie system due to the success of multi-screen theatre systems -started at Montreal Expo -publicly listed in NASDAQ -295 theaters in 40 countries, 60% of theaters in NA, almost 50% of theaters located in museums, aquariums, zoos and other institutions, and about 50% had 3d technology -main source of revenue were long term theater system lease and maintenance agreements, film production and distribution and theater operations -relatively small compared to Disney/Pixar and regal entertainment -competitive advantage- IMAX is branded so it has a competitive advantage over Hollywood ->Gelfond -$5 million for imax film, $10 million for 3d imax film -cheap actors (17/h), low influence on production -30-50% of total cost of production/distribution in marketing -no national advertising/marketing -imax films in theaters for years after release (4-5 years) -coat-tailed on Hollywood marketing campaigns -imax films were often...
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...Upgrading Technologies: Creates a Real-Life Movie Going Experience May 8, 2012 Abstract AMC Theatres began upgrades in their theatre technologies in 2009. Their project objective was to gain status as the number one movie exhibition industry in the world. The scope of the project would upgrade all of their facilities to incorporate 3D technologies, premium viewing, and state-of-the-art sound systems. This project would immerse the movie viewer into a real-life experience, thereby enticing the viewer to return satisfied, and become a steady patron of the company. Their estimated timeline for completion on technology upgrades for its remaining theatres is 2014. AMC Theatres, which stands for American Multi-Cinema was founded in 1920 when a father and his two sons purchased the Regent theatre in Kansas City, Missouri. AMC is second only to Regal Theatres, as a leading global movie theatre chain. The company gives credit to one particular son named Stanley Durwood. He believed that playing a multiple selection of movies in one movie house would in-turn lead to more guests, and more profits. This simple idea revolutionized the movie exhibition industry and became a blueprint for the industry. The concept for the movie theatre was born. It is this kind of inspiration that has encouraged the AMC Corporation to introduce more industry firsts. AMC was looking for a way to bring in new customers and refresh old patron relationships. Movie sales had begun to slump in the...
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...Introduction… IMAX 3D Dhaka, House No. 22, Road No. 39 Gulshan Avenue, Gulshan 2, Dhaka. Co-owners : Ehtiaz Karim, Adel Wahid, Nahian Shahed, Rizvia Hossain Description of IMAX. IMAX is a motion picture film format and projection standard created by the Canadian IMAX Corporation. The Company’s activities include the design, leasing, marketing, maintenance and operation of IMAX film and digital theatre systems as well as the development, production, post production and distribution of IMAX motion pictures. IMAX has the capacity to record and display images of far greater size and resolution than most conventional film systems. A standard IMAX screen is 22 × 16.1 m (72 × 52.8 ft), but can be larger. IMAX theatres are described as either "Classic Design," (Purpose-built structures designed to house an IMAX theatre) or "Multiplex Design." (Existing multiplex auditoriums that have been retrofitted with IMAX technology). The world's largest cinema screen (and IMAX screen) is in the LG IMAX theatre in Sydney, New South Wales. It is approximately 8 stories high, with dimensions of 35.73 × 29.42 m (117.2 × 96.5 ft) and covers an area of more than 1,015 m2 (10,930 sq ft). IMAX is the most widely used system for special-venue film presentations. As of December 2009[update], there were more than 400 IMAX theatres in over 40 countries. IMAX Corporation has released four projector types that use its 15-perforation, 70mm film format: GT (Grand Theatre), GT 3D (dual rotor)...
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...14 Appendix 1: Option Evaluation 14 Appendix 2: Customer Archetype 14 Appendix 3: Theatre Statistics and Growth Rate 15 Appendix 4: Application of Growth Rate to Total Number or Theatres 15 Appendix 5: Number of IMAX Screens added per a year and % of Total Screens 15 Appendix 6: Total Revenues and Revenues Generated by Hollywood Films 2014-2017 16 Introduction to the case and Issue Identification Main Issue As of 2013 IMAX had taken in a total of $288 in revenue. For the first time since its inception roughly 40 years ago, international revenues overtook North American revenues with total revenues for 2013 from countries outside Canada and the US of $151 million. Additionally, while international revenues rose by 10 percent over the previous year, revenues for North America dropped by 6.5 percent. Further, theatres that were once a source of revenue for IMAX have begun retrofitting their own theatres with Premium Large Format (PLF) screens. The main issue for IMAX is that the product lifecycle for large format screens has reached maturity in North America. This phase is characterized by a sales volume peak, decreasing market share, and profits starting to decrease (product life cycle stages, 2016). Subsidiary Issues In addition to the IMAXs main product entering the maturity phase of the product cycle in North America and there are additional...
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...1905 until 1915. During these times there were approximately 8,000 nickelodeons. As of June 1, 2013 there are 23, 152 screens in over 1,848 sites. The top four leading companies today are Regal Cinemas, Cinemark, AMC, and Carmike Cinemas making up 78% of the market out of the top 10 companies. (Cororan, 2013) To figure out how one industry could change so much in just one century we look towards Adam Smith and his invisible hand metaphor. He states that through the self-regulating behavior of the marketplace, individuals can make profit and maximize their earnings without the need for government interventions. As the technology began to advance through the 20th century the demand for a better product was heard. As the nickelodeons grew larger crowds shop owners started to look at opening venues dedicated to only showing film. As the economic competition grew between these companies longer movies varying in subject and genre emerged while...
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...was the NFB’s creation of a series of films that focused on the ‘Faces of Canada’, shedding light on the plethora of people from different walks of life that inhabited Canada between the 1950’s-1960. At the forefront of this series was Roman Kroitor’s 1953 documentary Paul Tomcowicz: Street-railway Switchman, which will be the focus of this essay. The film is a cinema verite style documentary that focuses on the unsung heroes that keep a community running, in this case the city of Winnipeg. Production of the film took place in 1953, a time where the power of Canadian cinema was beginning to blossom and become noticed across the world. As an NFB colleague, Roman Kroitor set out to make a film that painted an intimate portrait of a Polish-Canadian man and his job as a street-railway switchman in Winnipeg. Fully funded by the NFB, the film became a well recognized and important artifact among Canadian and International filmmakers, theorists, and scholars because of its honest portrayal of a man content with his life and the multiculturalism connotations present throughout the film. After the release of the film and the production of several more films for the NFB, Kroitor went on to truly change cinema with his co-founding of the Imax Corporation and developing of the Imax film format and the techniques used in the production of Imax films. Before this however, Kroitor made important films such as Paul Tomcowicz: Street-railway Switchman that laid the groundwork for the legacy he...
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...<a href="http://altfarm.mediaplex.com/ad/nc/12309-160198-1358-3?mpt=2012.09.19.01.56.12"> <img src="http://altfarm.mediaplex.com/ad/nb/12309-160198-1358-3?mpt=2012.09.19.01.56.12" alt="Click Here" border="0">< /a> State of the Art IPhone 5 Scores Well, With a Quibble Justin Sullivan/Getty Images Apple announced the iPhone 5, the latest version of its smartphone, at an event in San Francisco last week. By DAVID POGUE Published: September 18, 2012 If you were taking a college course called iPhone 101, your professor might identify three factors that have made Apple’s smartphone a mega-success. Enlarge This Image Peter DaSilva for The New York Times The iPhone 5, top, and iPhone 4S. The iPhone 5’s smaller connector does not fit existing accessories, docks or chargers. First, design. A single company, known for its obsession over details, produces both the hardware and the software. The result is a single, coherently designed whole. Second, superior components. As the world’s largest tech company, Apple can call the shots with its part suppliers. It can often incorporate new technologies — scratch-resistant Gorilla glass, say, or the supersharp Retina screen — before its rivals can. Third, compatibility. The iPhone’s ubiquity has led to a universe of accessories that fit it. Walk into a hotel room, and there’s probably an iPhone connector built into the alarm clock. If you had to write a term paper for this course, you might open with this...
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...Participants – May 1, 2011 to October 31, 2011 The Travel Passport Program entitles visitors to free GENERAL ADMISSION. It does not include free admission to special exhibits, planetarium and larger-screen theater presentations nor does it include museum store discounts and other benefits associated with museum membership unless stated otherwise. Acquaint yourself with the family admittance policies (denoted by “F:”) of Passport Program sites before visiting. PROGRAM RESTRICTIONS: 1. Based on your science center’s/museum’s location: Science centers/museums located within 90 miles of each other are excluded from the Travel Passport Program unless that exclusion is lifted by mutual agreement. 90 miles is measured “as the crow flies” and not by driving distance. Science centers/museums may create their own local reciprocal freeadmission program. ASTC does not require or participate in these agreements, or dictate their terms. 2. Based on residence: To receive Travel Passport Program benefits, you must live more than 90 miles away “as the crow flies” from the center/museum you wish to visit. Admissions staff reserve the right to request proof of residence for benefits to apply. Science centers and museums requesting proof of residence are marked by (IDs). Visit www.astc.org/passport for a list in larger type font. CALL BEFORE YOU VISIT TO CONFIRM YOUR TRAVEL PASSPORT PROGRAM BENEFITS. DON’T FORGET TO BRING YOUR MEMBERSHIP CARD! ALABAMA Anniston Museum of Natural History 800 Museum...
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...Contents Preface Acknowledgments ix xiii PART ONE OVERVIEW OF STRATEGIC MANAGEMENT 1. Strategic Management The Nature and Value of Strategic Management Dimensions of Strategic Decisions 4 Formality in Strategic Management 9 Benefits of Strategic Management 11 Risks of Strategic Management 11 The Strategic Management Process 11 Strategic Management as a Process 16 Summary 18 Key Terms 19 Questions for Discussion 19 2 3 PART TWO STRATEGY FORMULATION 2. SM_Prelims.indd 17 Company Mission What is a Company Mission? 23 The Need for an Explicit Mission 24 Formulating a Mission 24 Basic Product or Service; Primary Market; Principal Technology Company Goals: Survival; Growth; Profitability 26 Company Philosophy 28 Public Image 29 Company Self-Concept 33 Newest Trends in Mission Components 33 An Exemplary Mission Statement 35 Boards of Directors 37 Agency Theory 38 22 25 2/8/2012 10:17:09 AM Contents How Agency Problems Occur 39 Problems That Can Result from Agency 39 Solutions to the Agency Problem 40 Summary 41 Key Terms 41 Questions for Discussion 41 Appendix A: Company Vision 43 Appendix B: BB&T Vision, Mission, and Purpose 3. 4. SM_Prelims.indd 18 44 Corporate Social Responsibility and Business Ethics The Stakeholder Approach to Social Responsibility 52 The Dynamics of Social Responsibility 54 Types of Social Responsibility 57 Corporate Social Responsibility and Profitability 60 Sarbanes-Oxley...
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...Third Pass Value CHAPTER 7 PART 2 5 The Time Value of Money 6 Valuing Bonds 7 Valuing Stocks 7.1 Stocks and Stock Markets 7.2 Market Values, Book Values, and Liquidation Values 7.3 Valuing Common Stocks 7.4 Simplifying the Dividend Discount Model 7.5 Growth Stocks and Income Stocks 7.6 There Are No Free Lunches on Bay Street 7.7 Market Anomalies and Behavioural Finance 7.8 Summary 8 Net Present Value and Other Investment Criteria 9 Using Discounted Cash Flow Analysis to Make Investment Decisions 10 Project Analysis Valuing Stocks LEARNING OBJECTIVES After studying this chapter, you should be able to: LO1 LO2 LO3 LO4 LO5 Interpret stock trading information found on financial Web sites. Calculate the present value of a stock given forecasts of future dividends and future stock price. Use stock valuation formulas to infer the expected rate of return on a common stock. Interpret price-earnings ratios. Explain what professionals mean when they say that “there are no free lunches on Bay Street.” bre0089X_ch07_219-261.indd 219 31/01/12 11:32 AM Third Pass At the Toronto Stock Exchange and many other stock exchanges, all of the stock trading is done electronically, using computers. © James Leynse/Corbis. A corporation can raise cash to fund its investments by borrowing or by selling new shares of common stock to investors. If it borrows, it has a fixed obligation to repay the lender. If it issues shares, there is no fixed obligation, but the new...
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...Movie Production and Distribution Industry Industry Overview A major influencing factor in the general environment of the movie production industry is the implementation of new technology. The improvement of technology has always been a driving force behind the filmmaking industry. There are various kinds of technology forthcoming. A major one is the development and use of 3D, IMAX and digital film. These new developments have changed the way that movies are made and affect the cost and method of film production. New cameras and recording methods are required in production and this is forcing the directors, actors and other staff to adapt their techniques. Due to the vast array of technologies that can be utilized for movie production there are low barriers of entry for suppliers. The production industry has been able to maintain leverage over these new corporations through their economies of scale and their ability to influence the end user of the product. Another important technological development is the digital streaming and downloading of videos. This new technology is having both positive and negative effects for the filmmakers. The ease of digital proliferation has allowed production companies to widen their brands and make more films and television programs. This has created greater revenue for the industry. Digital streaming has made way for a new kind of company focused on this delivery method. The improvement of digital animation has also increased...
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...Project Report On “POWER FACTOR IMPROVEMENT USING BOOST CONVERTER” Submitted by BABLOO KUMAR (U06EE508) RAJ RAKESH (U06EE542) SUBHASH REDDY (U06EE569) VIKAS KUMAR (U06EE579) B. Tech (IV) ELECTRICAL ENGINEERING Year 2009 -2010 Under the Guidance of Mr. M. A. MULLA Department of Electrical Engineering Sardar Vallabhbhai National Institute of Technology, Surat. 1 CERTIFICATE This is to certify that the project report titled “Power Factor Improvement USING ”submitted by Babloo Kumar (U06EE508), Raj Rakesh (U06EE542), Subhash Reddy (U06EE569) and Vikas Kumar (U06EE579) is a record of bonafide work carried out by them, in fulfillment of the requirement for the award of the Degree of Bachelor of Technology. Date: 14-05-2010 Examiner 1: ____________ Examiner 2: ____________ Examiner 3: ____________ Examiner 4: ____________ GUIDE (Mr. M. A. Mulla) HOD (Prof. Mrs. V. A. Shah) ACKNOWLEDGMENT 1 We would like to express our deep sense of gratitude to our guide Mr. M. A. Mulla (Lecturer, EED, SVNIT, SURAT) for his valuable guidance and motivation and for his extreme cooperation to complete the project work successfully. We would like to express our sincere respect and profound gratitude to Prof. V. A. Shah, Head of Electrical Engineering Department for supporting us and providing the facilities for the project work. We appreciate all our colleagues whose direct and indirect contribution helped a lot to accomplish this project work. We would also...
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...Professor Roger Palmer, Head of the School of Management, Henley Business School, UK The globalization of companies is the involvement of customers, producers, suppliers, and other stakeholders in the global marketing process. Global marketing therefore reflects the trend of firms selling products and services across many countries. Drawing on an incomparable breadth of international examples, Svend Hollensen not only demonstrates how global marketing works, but also how it relates to real decisions around the world. This book offers a truly global approach with cases and exhibits from all parts of the world, including Europe, the Middle East, Africa, the Far East, North and South America. It provides a complete and concentrated overview of the total international marketing planning process, along with many new, up-to-date exhibits and cases, which illustrate the theory by showing practical applications. • Extensive coverage of hot topics such as glocalization, born globals, value creation, value net, celebrity branding, brand piracy, and viral marketing, as well as a comprehensive new section on integrated marketing communication through social networking. • Brand new case studies focus on globally recognized brands and companies operating in a number of countries, including Build-A-Bear Workshop, Hello Kitty, Ralph Lauren and Sony Music Entertainment. • Global Marketing ‘Svend Hollensen writes with real authority and insight having been...
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...Marketing Plan Erik Wohler, Adnan Otovic, and Joshua Adamson MKT/421 – Marketing March 28, 2013 R. Scott Bluemel Marketing Plan: Phase I Overview of the Organization The entertainment industry is a vastly changing business, although the ideology has stayed the same throughout history. Since the earliest documented cases started appearing, stories and music were used to overcome and surpass dark times in cultures throughout the world. In more recent historical examples, during the great depression, the largest break through for the entertainment industry began to show by way of movies, musicals, radio and early television. Movies really began to dawn as a way to escape the realities of everyday life and live vicariously in a world of wonder and enchantment, or love and drama, for those who had more serious worries in the real world. With the progression of technology, movies have become a literal escape, with millions of followers across the globe. The movie industry has made such dramatic leaps in technology that the demand for movies and theaters has grown largely over the past 20 years. At Regal Cinemas, being one of the largest franchises across the globe, business has been remarkable. “Regal Entertainment Group (NYSE: RGC) operates the largest and most geographically diverse theatre circuit in the United States, consisting of 6,862 screens in 538 theatres in 38 states and the District of Columbia as of February 21, 2013, with over 211 million attendees for the...
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... | |Complete set of the four books | |of the Twilight series and the spin-off novella, The Short Second Life of Bree| |Tanner. | |Twilight | |New Moon | |Eclipse | |Breaking Dawn | |Author |Stephenie Meyer | |Country |United States | |Language |English | |Genre |Romance, fantasy, young-adult fiction | |Publisher |Little, Brown and Company | |Published |2005–2008 | |Media type |Print | Twilight is a series of four vampire-themed fantasy romance novels by American author Stephenie Meyer. It charts a period in the life of Isabella "Bella" Swan, a teenage girl who moves to Forks, Washington, and falls in love with a 104-year-old vampire named Edward Cullen. The series is told primarily from Bella's point...
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