BizJournals Portfolio
May 08 2007 12:00am EDT

3-D Movies: Wave of the Future?

Jeffrey Katzenberg said earlier this year that DreamWorks Animation would begin producing and releasing all of its films in 3-D starting in 2009, and now Reuters is reporting a surge in 3-D films for that same time period, most featuring a technology called Digital 3-D, pioneered by a Beverly Hills company called Real D, first developed to help NASA astronauts practice making repairs in space. Disney's 2005's Chicken Little, what the news service calls the first modern 3-D movie, featured the crisp, digital images and touched off the trend. Some of the new 3-D films for 2009? James Cameron's Avatar is leading the charge and director Bob Zemekis, who did WB's innovative Polar Express, has set up a 3-D studio with Disney. And then of course there's DreamWorks. Nearly every studio has one or two 3-D projects in production, Reuters reports, and they're hoping the new technology will help drive attendance and profits for the next decade, even though it costs an extra $10 to $15 million more to make a 3-D movie and most have to be played in specially outfitted theaters. "None of the 3-D systems in the past allowed you to immerse yourself in the frame," said Walden Media Chief Executive Cary Granat, whose Journey 3-D will be the first live-action digital 3-D feature film release in 2008. "This is really the next step of film-going," he told Reuters.


Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com

Come on, like us—you know you want to.

Follow us and if you're an innovative entrepreneur, we'll return the favor.

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

People & Ideas

Whisky To-Go-Go

Now there's a company that let's you taste your knowledge of fine blended Scotches by mixing a whisky of your own. Read More