The movie industry is committed to working with the technology sector to find innovative new ways to deliver entertainment to consumers.
Technology has not only changed the way people are able to view movies it has changed the way our industry produces and advertises movies.
Well in our industry it's that the movies cost so much money to make they have to appeal to a broad audience. And I think that's part of what will loosen up in the future as technology makes it cheaper you'll be able to make films for a more selective audience. I think people will be able to make more personal movies.
The history of the music industry is inevitably also the story of the development of technology. From the player piano to the vinyl disc from reel-to-reel tape to the cassette from the CD to the digital download these formats and devices changed not only the way music was consumed but the very way artists created it.
Today the forces of competition technology and globalization have converged to spur innovation and to transform the way business is done in the securities industry.
Everything's changed. The technology is the big thing changing now the way movies like 'Alice' or 'Avatar' are made. And technology on the other side the audience side. Word spreads so fast now on a movie with the Internet and piracy is something coming down the line like in the music industry.
There's evidence of a social decline in direct proportion to technology and the industrialization of the motion picture industry.
Certainly the advent of technology and electronic commerce has had an immense impact on the real estate industry.
There was a study done in the early 20th century of all the entrepreneurs who entered the automobile industry around the same time as Henry Ford there were something like 500 automotive companies that got funded had the internal combustion engine had the technology and had the vision. Sixty percent of them folded within a couple of years.
Our industry has invested so much money in technology that perhaps it's time to invest in talent in people.