A group of students from Chicago’s Tribeca Flashpoint Media Arts Academy, a two-year digital media vocational school in the Loop, will be showing off 3D short films at the Tribeca Film Festival later this month as part of a new partnership with LG Electronics USA. Get the full story »
Inside these posts: Movies
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New Superman movie to film in Chicago
From Crain’s Chicago Business | Warner Bros.’ next Superman movie, “Superman: Man of Steel” will be filmed in Chicago starting this summer, Crain’s Chicago Business reported. Filming is expected to take two to three months. Get the full story>>
Blu-ray picking up slack left by sagging DVDs
Blu-ray is emerging as a holiday hero for Hollywood as the film industry grapples with the rise of digital video and a persistent slump in its most profitable source of revenue — DVD sales.
A combination of the weak economy, online piracy and low-cost rental and streaming services has driven continued declines in DVD sales this year, but strong growth in Blu-ray, premium-priced discs that offer a higher quality home viewing experience, suggests consumers still have an appetite for physical home movie products. Get the full story »
Redbox signs convenience store deal
Redbox is hoping more people will grab a movie at the convenience store, along with that lottery ticket.
The dollar-a-night movie rental kiosks are expanding into EZ Mart Stores, Inc., Fastrac Markets, Murphy Express and VPS Convenience Store Group, thanks to a deal signed this week that will add locations in the Northeast, Southeast and Midwest. Get the full story »
Unite Here to screen film about Union Tank Car
Unite Here, the hotel workers union, is planning a public screening Wednesday of “Show Us the Tax Breaks” – a short film that attacks Chicago’s Pritzker family and their decision to close East Chicago’s Union Tank Car plant in 2008. The plant was one of the largest employers in East Chicago and when it closed, hundreds of workers were left unemployed.
The film argues that through their company — the Marmon Group, which owned Union Tank Car — the Pritzkers benefited from economic incentives and tax breaks in their decision to relocate the plant to Louisiana. At the time, the Marmon Group said that market conditions had forced the company to reduce overall production and that the aging facility in East Chicago was less efficient. Get the full story »
Blockbuster gets debt reprieve as losses mount
Blockbuster Inc. has won its second debt-payment deadline extension in as many months, but the struggling video rental chain reported a wider loss and warned it might have to liquidate, sending its shares plummeting more than 20 percent Friday. Get the full story »
Redbox pondering online rentals
From Bloomberg News | Oak Brook-based Redbox Redbox, known for $1-a-day DVD rental vending machines, may launch a Web based service to offer more movies beyond the 200 stored in its dispensers, President Mitch Lowe said. Get the full story >>
Blockbuster delisted but dodges bankruptcy
Blockbuster Inc stayed a step ahead of bankruptcy after winning a crucial one-month reprieve on debt payments, but was forced to begin the process of delisting from the New York stock exchange. Get the full story »
Sears, Kmart to sell movies, music online
Sears Holdings Corp. Tuesday became the latest retailer to partner with digital media company Sonic Solutions to sell movies and television shows through an online Web site. Under Sonic’s latest multiyear deal, the operator of Sears and Kmart stores has licensed Sonic’s RoxioNow platform to sell digital entertainment under the Sears and Kmart brand names. Get the full story »