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Can Blockchain Save Movies From Online Piracy?

Can Blockchain Save Movies From Online Piracy?

Can Blockchain Save Movies from Online Piracy? A new startup claims that blockchain technology and cryptocurrency can save movies from online piracy, but is this realistic? There are a lot of banes that the film industry has to contend with, such as negative reviews, diva actors, and spoilers. However, one of the largest thorns is the huge amount of online piracy of movies that are currently playing in the theater or just recently left. TaTaTu, a new blockchain-based platform co-founded by Hollywood producer Andrea Lervolino, aims to help movies fight against online piracy, but can the blockchain and cryptocurrency succeed in such an endeavor? A study done by Digital TV Research states that the film and TV industry lost $6.7 billion USD to online piracy in 2010 and that this number will balloon up to $52 billion in 2022. Some additional data is pretty sobering. According to Statista, 24% of consumers in the US have pirated a movie that was still being shown in theaters. This percentage climbs up to 48% after a movie has left the box office. The most pirated flick of 2016 was Deadpool, the smash hit starring the merc-with-a-mouth. Lervolino says that the current mode of forcing end consumers to pay for content is helping create the market for illegal streaming and downloading. The result is less revenue for the content creator. Her solution, via TaTaTu, is to provide free content while monetizing the entire content of the platform. She states: TaTaTu is listening to the marketplace and adapting giving free access to content and going a step further to reward users with an automatic monetization system. And, rights holders can finally stop being concerned about piracy. They will monetize every piece of content based on the effective consumption and real views, with trans Continue reading >>

Hollywood's First Blockchain Movie: An End To Piracy?

Hollywood's First Blockchain Movie: An End To Piracy?

Hollywood's first blockchain movie: an end to piracy? Hollywood is turning to the technology behind cryptocurrency bitcoin to distribute movies in a development hailed as the beginning of the end for piracy A few years behind Wall Street, Hollywood is turning to the technology behind cryptocurrency bitcoin to distribute movies in a development hailed as the beginning of the end for piracy. Leading the charge is "No Postage Necessary," a romantic indie comedy about a luckless hacker that is being distributed via peer-to-peer video network app Vevue, running on Qtum, the most advanced blockchain in the world. Jeremy Culver ("An Evergreen Christmas") wrote, directed and produced the release from US production house Two Roads Picture Co., shot on 35 mm film. The movie gets its US theatrical release and worldwide blockchain debut in June and will also be available to buy online using cryptocurrency. "We are thrilled to provide movie lovers around the world a brand new way to experience their entertainment by turning the blockchain into a feature film distribution channel," Culver said in a statement. "Although this is a first for the industry, we hope it will signal a shift in the way content is shared and consumed." A blockchain is essentially a shared, encrypted "ledger" that cannot be manipulated, offering the promise of secure transactions that allow anyone to get an accurate accounting of money, property or other assets. The technology publicly records the unique alphanumeric strings that identify buyers and sellers, allowing more transparent and secure peer-to-peer payment systems. Blockchain debuted in 2009 as a ledger for the leading cryptocurrency bitcoin and is already used in food safety, finance and sea freight. Its advantages, according to Culver, include immut Continue reading >>

Hollywoods First Blockchain Movie Promises An End To Piracy

Hollywoods First Blockchain Movie Promises An End To Piracy

Hollywoods first blockchain movie promises an end to piracy Hollywoods first blockchain movie promises an end to piracy/node/1276446/business-economy Hollywoods first blockchain movie promises an end to piracy The comedy No Postage Necessary will make its blockchain debut in June. (Two Roads Picture Co.) Hollywoods first blockchain movie promises an end to piracy LOS ANGELES: A few years behind Wall Street, Hollywood is turning to the technology behind cryptocurrency bitcoin to distribute movies in a development hailed as the beginning of the end for piracy. Leading the charge is No Postage Necessary, a romantic indie comedy about a luckless hacker that is being distributed via peer-to-peer video network app Vevue, running on Qtum, the most advanced blockchain inthe world. Jeremy Culver (An Evergreen Christmas) wrote, directed and produced the release from US production house Two Roads Picture, shot on 35mm film. The movie gets its US theatrical release and worldwide blockchain debut in June and will also be available to buy online using cryptocurrency. We are thrilled to provide movie lovers around the world with a new way to experience their entertainment by turning the blockchain into a feature film distribution channel, Culver said in a statement. Although this is a first for the industry, we hope it will signal a shift in the way content is shared and consumed. A blockchain is essentially a shared, encrypted ledger that cannot be manipulated, offering the promise of secure transactions that allow anyone to get an accurate accounting of money, property or other assets. The technology publicly records the unique alphanumeric strings that identify buyers and sellers, allowing more transparent and secure peer-to-peer paymentsystems. Blockchain made its debut in 2009 a Continue reading >>

Hollywood's First Blockchain Movie: An End To Piracy?

Hollywood's First Blockchain Movie: An End To Piracy?

Hollywood's first blockchain movie: an end to piracy? Hollywood is turning to the technology behind cryptocurrency bitcoin to distribute movies in a development hailed as the beginning of the end for piracy (AFP Photo/FREDERIC J. BROWN) Los Angeles (AFP) - A few years behind Wall Street, Hollywood is turning to the technology behind cryptocurrency bitcoin to distribute movies in a development hailed as the beginning of the end for piracy. Leading the charge is "No Postage Necessary," a romantic indie comedy about a luckless hacker that is being distributed via peer-to-peer video network app Vevue, running on Qtum, the most advanced blockchain in the world. Jeremy Culver ("An Evergreen Christmas") wrote, directed and produced the release from US production house Two Roads Picture Co., shot on 35 mm film. The movie gets its US theatrical release and worldwide blockchain debut in June and will also be available to buy online using cryptocurrency. "We are thrilled to provide movie lovers around the world a brand new way to experience their entertainment by turning the blockchain into a feature film distribution channel," Culver said in a statement. "Although this is a first for the industry, we hope it will signal a shift in the way content is shared and consumed." A blockchain is essentially a shared, encrypted "ledger" that cannot be manipulated, offering the promise of secure transactions that allow anyone to get an accurate accounting of money, property or other assets. The technology publicly records the unique alphanumeric strings that identify buyers and sellers, allowing more transparent and secure peer-to-peer payment systems. Blockchain debuted in 2009 as a ledger for the leading cryptocurrency bitcoin and is already used in food safety, finance and sea freight. Continue reading >>

How The Media Biz Is Embracing Blockchain Technology Variety

How The Media Biz Is Embracing Blockchain Technology Variety

Jeremy Culver thinks hes found a secret weapon to bring his next movie to the masses: blockchain . No Postage Necessary , a romantic indie comedy coming this June, will be the first film to be to be released with the help of blockchain technology. Viewers will be able to buy the film through the blockchain-based video app Vevue , and pay for it with the apps digital currency. They need to just pay a token rather than dollars, says Culver, who directed the movie and co-produced it with actress Charleene Closshey. The release is just the latest sign of Hollywood warming up to blockchain. The technology is at the core of digital currencies like Bitcoin , and is being hailed as a way to decentralize all kinds of internet services and business models. No Postage Necessary will be the first movie to be released with the help of Blockchain technology. Culver readily admits that he wanted to be first in a space thats gotten everyones attention. But like others who have dabbled in blockchain tech, hes also gotten hooked, and truly believes that blockchain could be nothing short of a revolution. Its a pretty strong word, but its happening, he says. The world is changing. That change began in 2009, when a programmer going by the moniker of Satoshi Nakamoto invented blockchain as the technical underpinnings of a then-brand-new electronic currency called Bitcoin . In very basic terms, a blockchain is a secure, collaborative record of data, often also called a distributed ledger, which is maintained by a network of computers. In the case of Bitcoin, that ledger is used to keep track of all the electronics coins in circulation, as well as any Bitcoin transaction ever made. But blockchains can also be used as a public, verifiable record of contracts or other types of data. A number of Continue reading >>

Why The Blockchain Could Fundamentally Change How Business Is Done In The Film Industry

Why The Blockchain Could Fundamentally Change How Business Is Done In The Film Industry

Why the Blockchain Could Fundamentally Change How Business is Done in the Film Industry A new company is using the blockchain to help eliminate waste (and shady people) in the film industry. [Authors note: Prior to reading this article, it is advisable for readers to peruse the Wikipedia Blockchain entry or the briefer definition of Blockchain in Investopedia .] Technology and the film industry have had a historically rocky relationship. 20 years ago, Blockbuster ruled the at-home video market and famously (or infamously) rejected the opportunity to purchase Netflix for a mere $50 million . Today, Netflix has a $120 billion market cap and is poised to dominate the film industry for years to come. Yes, market leaders like Netflix and Amazon are surely experimenting with algorithmic programming and Artificial Intelligence (AI) in attempts to take humans out of the screenwriting equation to give viewers what the companies think they want. But there are other forms of technology that can help improve the independent film business and even havethe possibility to revolutionize how films are madeand more importantly, how production staff from actors to directors to below the line crew are paid. FilmChain could revolutionize how production staff from actors to directors to below the line crew are paid. Enter FilmChain, a project started by BigCouch co-founders Irina Albita and Maria Tanjala. The goal of FilmChain is to increase accountability and transparency in the murky independent film financing world by using blockchain, the underlying technology behind Bitcoin. However, during their presentation at the Berlinale s European Film Market startup pitch event, the pair were quick to debunk the myth that blockchain and Bitcoin are one and the same. Let it be known, they arent! Continue reading >>

Five Ways Blockchain Tech Is Going To Rock The Music And Movie Industries

Five Ways Blockchain Tech Is Going To Rock The Music And Movie Industries

Five ways blockchain tech is going to rock the music and movie industries If youre like any of the 50 million premium users streaming music on Spotify , or the 94 million users watching video content on Netflix , or Apple Musics 27 million paying listeners, then you probably put a high premium on your ability to consume multimedia content on your digital devices. Wide adoption of these technologies was only a pipe dream two decades ago, although there had already been early adopters of cutting edge tech even in the nascent stages of the internet. While we had a shaky start in terms of business models and legalized usage, we are perhaps in a golden age of digital multimedia content. Virtually anybody with a smartphone and debit card can now gain access to streaming content you can even listen or watch for free on some platforms. And yet, these business models are now again ripe for disruption, in terms of the sharing model and the business model. We are still far from perfect in terms of distribution, access, and profitability for content creators. But we are getting there with some help from tech. While the argument is that streaming services benefit both users and content creators, the platforms are often accused of getting the giants share of the profits, leaving little to the artists. Consider how Taylor Swift held off from Spotify for so long because of reportedly paltry royalty payments. This is because of the mainly centralized system put up by the likes of Spotify, Netflix , et al. They are our gateways to content, and as such, control over the flow of information and money in the entertainment industry still lies in the hands of a few namely, the platform owner, labels, and other organizations that might have a stake in the profits. While blockchain technology Continue reading >>

How The Media Biz Is Embracing Blockchain Technology Variety

How The Media Biz Is Embracing Blockchain Technology Variety

Jeremy Culver thinks hes found a secret weapon to bring his next movie to the masses: blockchain . No Postage Necessary , a romantic indie comedy coming this June, will be the first film to be to be released with the help of blockchain technology. Viewers will be able to buy the film through the blockchain-based video app Vevue , and pay for it with the apps digital currency. They need to just pay a token rather than dollars, says Culver, who directed the movie and co-produced it with actress Charleene Closshey. The release is just the latest sign of Hollywood warming up to blockchain. The technology is at the core of digital currencies like Bitcoin , and is being hailed as a way to decentralize all kinds of internet services and business models. No Postage Necessary will be the first movie to be released with the help of Blockchain technology. Culver readily admits that he wanted to be first in a space thats gotten everyones attention. But like others who have dabbled in blockchain tech, hes also gotten hooked, and truly believes that blockchain could be nothing short of a revolution. Its a pretty strong word, but its happening, he says. The world is changing. That change began in 2009, when a programmer going by the moniker of Satoshi Nakamoto invented blockchain as the technical underpinnings of a then-brand-new electronic currency called Bitcoin . In very basic terms, a blockchain is a secure, collaborative record of data, often also called a distributed ledger, which is maintained by a network of computers. In the case of Bitcoin, that ledger is used to keep track of all the electronics coins in circulation, as well as any Bitcoin transaction ever made. But blockchains can also be used as a public, verifiable record of contracts or other types of data. A number of Continue reading >>

Blockchain For Movie Distribution: Indie Film Released On Qtum

Blockchain For Movie Distribution: Indie Film Released On Qtum

April 2, 2018 by Bitsonline PR 0 Comment 2087 Views Singapore 2 April 2018 No Postage Necessary, an upcoming dramedy film by Two Roads Picture Co, will be the first movie to experience true immutability. In a partnership with Vevue (a P2P video distribution app running on the QTUM platform), the film will be uploaded onto the blockchain, made available for streaming through payments in cryptocurrency as of June 2018. This is a press release provided by Cryptoland PR No Postage Necessary centres around a convicted computer hacker whos fallen on hard times. Reduced to living on his brothers couch whilst working at an ice cream stand, he begins stealing mail by impersonating a postal worker. Things begin to look up when he is lovestruck by a widows heartfelt letter to her deceased marine husband, and, determined to become a better man, he conspires to meet her. Rather fittingly (given the films distribution method), however, complications develop when an FBI agent comes looking for a stash of stolen bitcoins. The films director, Jeremy Culver, is a strong believer in the potential of blockchain technology, particularly when it comes to protecting intellectual property, ensuring transparent royalty payments, and deterring piracy. He hopes that this first proof-of-concept will inspire others in the industry to embrace decentralised distribution. We are thrilled to provide movie lovers around the world a brand new way to experience their entertainment by turning the blockchain into a feature film distribution channel. Although this is a first for the industry, we hope it will signal a shift in the way content is shared and consumed. There are many advantages to blockchain distribution, including immutable proof of Intellectual Property rights, transparent royalty payments, a Continue reading >>

Maker Of First Cryptocurrency-funded Film, Braid, Sees Indie Revolution - Cnet

Maker Of First Cryptocurrency-funded Film, Braid, Sees Indie Revolution - Cnet

Braid, a psychological horror film screening at the Tribeca Film Festival, was financed by selling crytocurrency tokens. Mitzi Peirone thanks God for cryptocurrency. Peirone's Braid , a psychological horror flick screening at the Tribeca Film Festival this week, touts itself as the first feature-length film funded by cryptocurrency. She considered more traditional ways of raising her budget on her own: pleading with family and friends for donations (and feel guilty about it, she said), or pitching a traditional studio, which requested she "dumb it down." "I was facing either seeing my creative freedom taken away and having to compromise on the story, or not having enough money to make it," Peirone said at a festival panel Monday discussing blockchain and cryptocurrency in film. So she instead offered blockchain-based tokens that promise a slice of the film's future profits. Blockchain is an encryption technology best known for underpinning bitcoin and other cryptocurrencies, like Ethereum -- the crypto platfrom that Peirone's team used to raise money. By selling tokens with the goal of raising at least $1.4 million for their production budget, the filmmakers gave token investors the right to a proportional share of 30 percent of the film's future profits. Peirone said Monday that the campaign hit its goal in two weeks. Braid's token offering occurred in June, which mostly predated the latest explosion of cryptocurrency hype. For context, Braid's campaign reached its goal a month before Floyd Mayweather was bragging about how he was going to make a "$hit t$n of money" with a token sale on his Instagram account . Bitcoin's trading value had yet to crack about $3,000 but would go on to top $19,000 in December . But the idea, the filmmakers have said, is to create a profit Continue reading >>

Blockchain Media Company Acquires The Beyond Bitcoin Documentary At Cannes Film Festival

Blockchain Media Company Acquires The Beyond Bitcoin Documentary At Cannes Film Festival

Blockchain Media Company Acquires the Beyond Bitcoin Documentary at Cannes Film Festival A media company closes a seven figure deal for the documentary for its blockchain based online streaming platform. Blockchain media company Slate Entertainment Group revealed its seven figure deal on acquiring rights for a documentary about blockchain during the Cannes film festival, company representatives reported to Cointelegraph. Slate intends to broadcast the documentary Beyond Bitcoin via its blockchain based online streaming platform Binge. The decentralized Binge platform provides low-cost, high-speed, high-definition media access for consumers worldwide, says the text of the press release. During the Cannes festival in May 2018, Slate appeared at the center of the buzz surrounding blockchain technology and its potential to alter the entertainment industry. In Cannes, Slate announced their newly formed partnership with Sitges International Fantastic Film Festival (Sitges), where Sitges will adopt its digital ticketing platform, Slatix , powered by the cryptocurrency SLATE SLX, for the purchase of tickets and festival passes. This will mark the first time in industry history that a film festival will accept cryptocurrency as well as traditional forms of payment, says the Slate press release. Slatix is a blockchain-based, low-cost tokenized ticketing system that aims to provide benefits to consumers based on their loyalty. According to the press release, small and medium sized enterprises can benefit from Slatixs low setup and operating costs, while the user-friendly app is intended to simplify DIY ticket distribution and redemption. Based in Toronto and Los Angeles, the Slate Entertainment Group has launched several media platforms on its own blockchain, including Binge and Continue reading >>

The Blockchain And Us:the Project

The Blockchain And Us:the Project

Stay up to date about The Blockchain and Us. A digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly. From en.oxforddictionaries.com/definition/blockchain Amysterious white paper (Nakamoto, Satoshi, 2008, Bitcoin: A Peer-to-Peer Electronic Cash System ) introduced the Bitcoin blockchain, a combinationof existing technologies that ensures the integrity of data without a trusted party. Itconsists of aledger that cant be changed and aconsensus algorithma way for groups to agree. Unlike existing databases in banks and other institutions, a network of users updates and supports the blockchaina system somewhat similar toWikipedia, which users around the globe maintain and double-check. The cryptocurrency Bitcoin is the first use case of the blockchain, but much more seems to bepossible. The first 40 yearsof the Internet brought e-mail, social media, mobile applications, online shopping, Big Data, Open Data, cloud computing, andthe Internet of Things. Information technology is at the heart of everything todaygood and bad. Despite advances inprivacy, security, and inclusion, one thing is still missing from the Internet: Trust. Enter the blockchain. When the Wright brothers invented the airplane in 1903, it was hard to imagine there would be over 500,000 people traveling in the air at any point in time today. In 2008, Satoshi Nakamoto invented Bitcoin and the blockchain. For the first time in history, his invention made it possible to send money around the globe without banks, governments or any other intermediaries. Satoshi is a mystery character, and just like the Wright brothers, he solved an unsolvable problem. The concept of the blockchain isnt very intuitive. But still, many people believe it is a game cha Continue reading >>

A Plant City Movie To Make History By Becoming First Released On A Blockchain

A Plant City Movie To Make History By Becoming First Released On A Blockchain

A Plant City movie to make history by becoming first released on a blockchain The movie poster for the Plant City film No Postage Necessary that will become the first movie ever distributed through the blockchain technology.[Credit: Think Jam Media] When making his latest feature film, director and producer Jeremy Culver went old school in this digital age, shooting No Postage Necessary on 35-millimeter. But when it came to distributing the movie to the masses, Culver went new school. So new school hell be the first to do it. No Postage Necessary, which was made in Plant City, will make movie history on July 10 by receiving worldwide distribution through a blockchain. Its a decentralized online system that can help ward off piracy and illegal sharing. "At its best, I believe blockchain has the potential to change society and inspire new ways of looking at the world," said Culver, 42, who splits time among Plant City, New York and Los Angeles. Its appropriate, considering the dramedy is about a convicted computer hacker who, while stealing mail in search of cash, falls in love with a war widow after reading letters to her late husband, all while the FBI investigates a Bitcoin robbery in Plant City. Its the result of accidental perfect timing, said Plant City native Charleene Closshey, 37, who stars alongside George Blagden, is the films co-producer and score composer and is Culvers fiancee. The filmmakers did not set out to use blockchain. "Life knows better than we do," Closshey said. "When we started filming in August 2016, the technology didnt exist. Once postproduction was done, it did." There are multiple blockchain networks, some public, some private. Blockchain decentralizes records by storing each transaction within blocks on the same ledger that exists and is u Continue reading >>

Hollywood's First Blockchain Movie: An End To Piracy?

Hollywood's First Blockchain Movie: An End To Piracy?

Hollywood's first blockchain movie: an end to piracy? No Postage Necessary will get its US theatrical release and worldwide blockchain debut in June and will also be available to buy online using cryptocurrency. AFP Relaxnews A few years behind Wall Street, Hollywood is turning to the technology behind cryptocurrency bitcoin to distribute movies in a development hailed as the beginning of the end for piracy. Leading the charge is No Postage Necessary, a romantic indie comedy about a luckless hacker that is being distributed via peer-to-peer video network app Vevue, running on Qtum, the most advanced blockchain in the world. Jeremy Culver (An Evergreen Christmas) wrote, directed and produced the release from US production house Two Roads Picture Co, shot on 35 mm film. The movie gets its US theatrical release and worldwide blockchain debut in June and will also be available to buy online using cryptocurrency. "We are thrilled to provide movie lovers around the world a brand new way to experience their entertainment by turning the blockchain into a feature film distribution channel," Culver said in a statement. "Although this is a first for the industry, we hope it will signal a shift in the way content is shared and consumed." A blockchain is essentially a shared, encrypted "ledger" that cannot be manipulated, offering the promise of secure transactions that allow anyone to get an accurate accounting of money, property or other assets. The technology publicly records the unique alphanumeric strings that identify buyers and sellers, allowing more transparent and secure peer-to-peer payment systems. Blockchain debuted in 2009 as a ledger for the leading cryptocurrency bitcoin and is already used in food safety, finance and sea freight. Its advantages, according to Culver, Continue reading >>

The Blockchain And Us(2017)

The Blockchain And Us(2017)

When the Wright brothers invented the airplane in 1903, it was hard to imagine there would be over 500,000 people traveling in the air at any point in time today. In 2008, Satoshi Nakamoto invented Bitcoin and the blockchain. For the first time in history, his invention made it possible to send money around the globe without banks, governments or any other intermediaries. Satoshi is a mystery character, and just like the Wright brothers, he solved an unsolvable problem. The concept of the blockchain isn't very intuitive. But still, many people believe it is a game changer. Despite its mysterious beginnings, the blockchain might be the airplane of our time. Manuel Stagars portrays this exciting technology in interviews with software developers, cryptologists, researchers, entrepreneurs, consultants, VCs, authors, politicians, and futurists from the United States, Canada, Switzerland, the UK, and Australia. How can the blockchain benefit the economies of nations? How will it change ... Continue reading >>

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