I have, in the past, written a little bit about revitalizing the way that entertainment and video media works. As of yet, not a single damn bit of it has come to fruition, but if you looked at my last posting you might have noticed something interesting. Well, you might have seen it, even if you didn't note the ramifications of what you were seeing. One of the earliest music videos ever was that of Queen's "Bohemian Rhapsody." I can't state for sure, but I'd guess that that 5 minute music video (shot on film) cost more than a quarter million dollars. My price point on the videos that I posted previously is $250.00. In 30 years (or so) the cost to produce a decent quality rendition of a song has fallen from 250,000 to 250, a 1000 folf decrease. Similarly, the pricing model of... pretty much all video production... is based on old technology, inflated business practices. The cost for one episode (48 minutes) of "Prison Break" is one million dollars. The average cost of national commercial production is $30,000 per second (that's $900,000 for a 30 second commercial...) When you can put out a decent quality (not full professional quality by any stretch of the imagination) HD videos for $250.00... is that system sustainable... is it even feasible? Can you actually get HD at your home? You can't get it over the internet, except as one or two progressive video sites. You probably haven't bought an HD TV, or haven't gotten HD service for it. This is why I keep babbling about technological change... The numbers are stupid... the pressure will eventually build and change will happen.
tags: music video webcast production future hd dvd budget
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