Friday, 20 October 2017

Monaco Telecom enters the movie business

Cable & Wireless Communications
Friday 09 August 13

Monaco Telecom (MT), the Monaco business of Cable & Wireless Communications, has partnered with one of the world’s leading suppliers of digital film technology to offer movie studios a faster…

Monaco Telecom (MT), the Monaco business of Cable & Wireless Communications, has partnered with one of the world’s leading suppliers of digital film technology to offer movie studios a faster, lower cost method of producing digital films.

With movies increasingly shot in digital format, production and storage costs are a growing problem. Digitally shot films can be up to 80 terabytes (TB) in size (expected to increase to 200TB for high definition and SD movies), requiring film production companies to have large servers and powerful computers in order to edit together different scenes and then store the finished product. Furthermore, there are up to 60 specialist roles needed for film post-production requiring considerable expense for studios to bring in workers, who could be based anywhere in the world, for short periods of time.

Highlands Technologies Solutions, part of Doremi Labs, one of the world’s leading providers of digital film technology, has developed a new product called MyAsset to address those problems and reduce the cost and time of producing films - meaning that they will get into cinemas faster.

Using cloud-technology, MyAsset enables films to be mastered (the editing of sound and picture quality) in their entirety from any internet-enabled computer. MT will host the platform and store all footage from pre and post-production in its secure data centres.

The first organisation that will use MyAsset is Luc Besson’s Cinema City in Paris, the largest studio complex in France.


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