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Motion Picture Industry: New York
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The Foundation of the Motion Picture Pioneers has traveled a rewarding path since its inception in New York in 1939. The Foundation unofficially began as a group of industry personalities who gathered once a year to meet old friends socially.
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NYC issued a c/o for a 450 seat motion picture theater at 993 Third Avenue in October of 1918. It doesn't specify if it was a new building or not. Owner was William Burke Cochran. In December of 1962 there are now two theaters shown for the address range of 993-997 Third Avenue. The 1962 c/o reads as follows,
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The motion picture industry has gone through an evolutionary change in the last decade, where the bulk of revenue is now generated by home video, with the DVD sell-through market generating the lion’s share. This is more the case for independent releases than it is for most big studio films. According to a recent article in The Hollywood Reporter, Home video is 50% of the revenues for Fox studio releases, but close to 75% of the revenues for releases from its independent specialty arm, Fox Searchlight. (The Hollywood Reporter, Dec. 2-8 2003) With this new trend, major studios and independents alike compete for coveted shelf space at mass-retailers like Wal-Mart and Best Buy, which helped Disney’s “Finding Nemo” sell 15 million units in its first two weeks of release.
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The making and showing of motion pictures became a source of profit almost as soon as the process was invented. Upon seeing how successful their new invention, and its product, was in their native France, the Lumières quickly set about touring the Continent to exhibit the first films privately to royalty and publicly to the masses. In each country, they would normally add new, local scenes to their catalogue and, quickly enough, found local entrepreneurs in the various countries of Europe to buy their equipment and photograph, export, import and screen additional product commercially. The Oberammergau Passion Play of 1898
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