Advice...

[Jannard]

I am not your father. Nor is it my intention to be. But I have some advice that is worth exactly what you are paying for it.

Be very careful with your spending. The world is in financial turmoil right now. I strongly recommend that you take care of your personal finances and tighten your belts.

If you can make a purchase that can make you some money, buy it. If you are considering making a purchase "just because"... please think twice.

Our customers are important to us. But not at the expense of their financial safety. We view RED as a long term partnership with our customers. Not a quick buck.

So be careful. We are all in this together. For the long haul.

Jim

[Alexander Nikishin]

Agreed, the economy is plummeting & the market is saturated with RED cams now with many owners charging hardly anything for their packages.

With that being said, people should really be careful with their spending not to dig themselves into a hole they may not be able to sell their way out of.

[Ryan Patch]

Hearing this from someone in a position that I would dream would make them impervious to the tough times right now is truly sobering news. Thanks for the advice- it's heeded.

I am encouraged, however, looking back on cinema in the 30's, and seeing it's social role in assuaging the country's grief. Not that I would wish the 30's on our country for filmmakers' gain, but it gives me a genuine good feeling to know that stories have helped many people through tough times, and I hope, if it comes to that, that we will be the people leading low-cost filmmaking. Budgets will be tightened and luxuries tossed, but the RED puts us in a marvelous position to make financially conscious movies in these tough times for people who want to be entertained.

[Joe D'Arcy]

I am not your father. Nor is it my intention to be. But I have some advice that is worth exactly what you are paying for it.

Jim

Thanks Jim. Your advice is worth a lot more than that.

Well said Ryan.

[Rick Darge]

Jim, respect, seriously.

Why can't GW Bush talk to us the way you do?

[Steve Freebairn]

Good advice Jim, it's worth a lot more than we're paying for it. I just checked my 401k and it's down 48.5% this year. I have tons of years ahead for it to grow back up, but I really feel for those that are close to retirement with 401ks that just nearly disappeared.

A person can only live beyond their means for so long before it'll catch up with them.

J. Reuben Clark (http://en.wikipedia.org/wiki/J._Reuben_Clark) said the following in 1938

Interest never sleeps nor sickens nor dies; it never goes to the hospital; it works on Sundays and holidays; it never takes a vacation; it never visits nor travels; it takes no pleasure; it is never laid off work nor discharged from employment; it never works on reduced hours; it never has short crops nor droughts; it never pays taxes; it buys no food; it wears no clothes; it is unhoused and without home and so has no repairs, no replacements, no shingling, plumbing, painting, or whitewashing; it has neither wife, children, father, mother, nor kinfolk to watch over and care for; it has no expense of living; it has neither weddings nor births nor deaths; it has no love, no sympathy; it is as hard and soulless as a granite cliff. Once in debt, interest is your companion every minute of the day and night; you cannot shun it or slip away from it; you cannot dismiss it; it yields neither to entreaties, demands, or orders; and whenever you get in its way or cross its course or fail to meet its demands, it crushes you.

I wonder how much interest will be paid on the 700 Billion. OUCH

[Miltos Pilalitos]

So be careful. We are all in this together. For the long haul.

Thanks Jim. I think that my money will be safe with you.

[NormLi]

I too am moved by what you have just said, Jim. You're a business but yet so openly sensible.

[Roberto B]

I am not your father. Nor is it my intention to be. But I have some advice that is worth exactly what you are paying for it.

Be very careful with your spending. The world is in financial turmoil right now. I strongly recommend that you take care of your personal finances and tighten your belts.

If you can make a purchase that can make you some money, buy it. If you are considering making a purchase "just because"... please think twice.

Our customers are important to us. But not at the expense of their financial safety. We view RED as a long term partnership with our customers. Not a quick buck.

So be careful. We are all in this together. For the long haul.

Jimthere's always a further chance.. not because.. just filmmaking.. ehehehehehe isn't red a camera for filmmakers?.. free filmmakers..

[Ian Laurie]

Wow, Great respect for a business man who clearly is more concerned about his customers than trying to become wealthier. Jim, your a good man. I still want my camera because I still think it is the best solution to base my newly founded business upon. Glad to see i am not the only one worried about taking care of the people BEFORE they spend the money.

[Emmanuel Cambier]

Jim, maybe you could be my father for weekends only ??:mellow:

Please consider


By the way, your camera has been the best investment ever… so far.

Thank you for the ride
Emmanuel

[PaulClements]

Good advice Jim.

Paul

[Ramesh Jai]

JJ for President ;)

[Corrado Silveri]

Thanks Dad.

[hanselblat]

That is very impressive. I think I can do with one more father. I'm sure though that many of us are not into the Red for making money. Delaying my filming until the Red arrives has felt like postponing my life; making the moving images I want is more important than money

[Pawel Achtel]

Wise and sincere words - you have my greatest respect for that, Jim.

[shashbugu]

i am with rameshjai jj for president, wait was'nt the last president from Ghana named jj? to ramesh

[Radoslav Karapetkov]

Thanks for the advice.

I wonder how long would it take to overcome these problems... I hope this isn't the beginning of another Great Depression. :(

[David Birdy]

Jim,

Your camera has been a great investment, I have No regrets!

Any thoughts on stock purchases like GE or GS...two of Warren's favorites?

Dave

[Peter McCully]

Can I borrow the car?

[Dave Neathery]

Jim, respect, seriously.

Why can't GW Bush talk to us the way you do?

How about: Because if he did, he would go down in history as the man who cuased the greatest depression ever. If everybody stops spending, or even slows down... We need to, of course, and take the pain of getting within our means, as individuals and as governments. But, that would be VERY painful.

Dave

[M.Halsell]

Point taken!

[Sanjin Jukic]

Thanks Jim.

Good advice.

I was always thinking about the lightest RED package that I could afford and carry.

According to RODNEY CHARTERS ASC CSC and his efforts to get RED mobile for his travel tour project,

I'm pretty happy to have affordable lens option with IMS for RED that could save a lot of money also for every ordinary RED user.

Think(ing) universal lens mount, IMS or whatever to make RED user keep going in this troubled financial times.

[Priyesh P.]

My respect for you just grew Jim!

[Pawel Achtel]

Just looked at the financial news...it is a meltdown!

Aussie dollar has dropped nearly 40% within last 3 months, markets are in a blood bath, banks are offering money at over 550 basis points premium, ....wow!

Now I know what you are talking about, Jim. This looks nasty - it is almost like the 2001 dot com crash except now it is global and it may get much worse...

[John K]

Thanks for the advice.

I wonder how long would it take to overcome these problems... I hope this isn't the beginning of another Great Depression. :(

The Great Depression was a one-off event, like 9-11. That's why Reserve Banks were created in most Western countries. It won't be allowed to happen a second time. If necessary the government can print more money, which basically amounts to applying a flat tax to everybody who owns greenbacks, but it's a whole lot better than the alternative. In any case, the financial structure of the world now is a different planet to what it was 80 years ago.

We seem to have potential "world financial meltdowns" every ten years or so, which seem to sell a lot of newspapers, but not a lot else seems to happen.

For years we were piously told that if the Japanese Economic bubble ever burst we would see a financial recession that would make the crash of '29 look like well, the crash of '87:bye2:

Well Dudes, the Japanese economy went down the toilet well over a decade ago, maybe we're only just getting round to it now! And as for the so called crash of '87, well .......

Remember that big "Asian Meltdown" not so long back? Whatever happened to that?

It's all bullshit. Like the Millenium Bug - remember that?

Remember the big earthquake in Taiwan about 10 years ago that was going to cripple the computer industry for years to come?

Yes, some people may lose their jobs, but only because of the paranoia spread by the media.

As far as owning a RED goes, if there is any sort of recession, isn't it more likley that people will start looking for cheaper alternatives to film? Could be your foot in the door.

But as the Godfather says, you still need a business plan, and I'd say that applies whether there is a recession or not, surely.

[John K]

Just looked at the financial news...it is a meltdown!

Aussie dollar has dropped nearly 40% within last 3 months, markets are in a blood bath, banks are offering money at over 550 basis points premium, ....wow!



Bad news for you. Bad news for Jim. You have to cough up 40% more of your own currency, and he has a harder time selling his cameras. Foreign trade has always been like that.

A lot of foreign currencies were riding high recently but that was more because the greenback had sunk than the other countries economies had become more valuable.

Larger companies routinely use hedge funds to smooth out such fluctuations, which really only means they constantly pay the average of all the ups and downs of their country's exchange rate. It costs a little bit more, but most feel it's worth it.

[Tony Lorentzen]

Yup - everyone needs to tighten up or rethink their business model (myself included).

I think it was a smart move on REDs behalf to speed up production because who knows if people would have been able to afford their cameras in 3-4 months time?

Jim - this post shows your great understanding of the little league guys (like myself) who are stretching their economy in order to be able to afford the camera.

[Mark L. Pederson]

Can I borrow the car?

FUNNY!!!

[Michael Schrengohst]

A sensible voice emerges from the noise

[Pawel Achtel]

Bad news for you. Bad news for Jim. You have to cough up 40% more of your own currency, and he has a harder time selling his cameras. Foreign trade has always been like that.

A lot of foreign currencies were riding high recently but that was more because the greenback had sunk than the other countries economies had become more valuable.

Larger companies routinely use hedge funds to smooth out such fluctuations, which really only means they constantly pay the average of all the ups and downs of their country's exchange rate. It costs a little bit more, but most feel it's worth it.

It is good for me because I recently spent $1/4m on gear (including Red) when Aussie was trading at $0.98 and now it is trading at $0.66. I can sell my footage, films and services at 30% discount and still be in front.

It is terrible for the US economy because they won't be able to sell anything if USD remains sky high. And, $0.66 towars AUD is sky-high; prohibitive - I know I won't be buying anything in US for a while.

[Thomas Wright]

i've been told the rothschilds own thje federal reserve and the bank of england so all this buying up of banks and "measures" to keep economies afloat just unredistribute the wealth back to the fatcats.
check out:

http://www.thetruthseeker.co.uk/article.asp?id=4277

We all thought we were in a boom, lauding our system and patting ourselves on the back- to the tune of millions in bonuses if one were a banker- but how can a system that supported so much starvation and suffering have been good. I'm glad it's crumbling. we should be using our reds to expose these iniquities. And try and make sure we don't prop up this skewed system any longer. good on JJ for giving us the tools.

[Sanjin Jukic]

i've been told the rothschilds own thje federal reserve and the bank of england so all this buying up of banks and "measures" to keep economies afloat just unredistribute the wealth back to the fatcats.
check out:

http://www.thetruthseeker.co.uk/article.asp?id=4277

We all thought we were in a boom, lauding our system and patting ourselves on the back- to the tune of millions in bonuses if one were a banker- but how can a system that supported so much starvation and suffering have been good. I'm glad it's crumbling. we should be using our reds to expose these iniquities. And try and make sure we don't prop up this skewed system any longer. good on JJ for giving us the tools.

I drink Baron Philippe de Rothschild (http://www.bpdr.com/) wine(s) and take it easy at this funny times :clown2: .

[Kenn Michael]

i've been told the rothschilds own thje federal reserve and the bank of england so all this buying up of banks and "measures" to keep economies afloat just unredistribute the wealth back to the fatcats.

http://video.google.com/videoplay?docid=-515319560256183936&hl=en

This is an amazing documentary on just that....

[ericyoung]

Great advice!

The difference in attitude to the usual corporate fatcats is too rare.

Look at those AIG $%!*&s who only care about themselves :angry02: :
http://abcnews.go.com/story?id=5973452

Jim for president! :)

[Jonathon Laing]

Why did the man who worked at Sony fall off his bike? Because Jim threw a fridge at him! AHAHAHAHAHAHA

[Steve Sherrick]

Jim, sound advice. It's time for us to start putting the Red camera to use as a motivator, a communicator in addressing the issues we face today. I think we have become a complacent citizenship and we far too often let ourselves get squeezed by big corporations and government. From Wall Street to Capital Hill, there's mismanagement and corruption that is beyond reproach. Everyone needs to step up their game, even individually. It's not enough to sit back and blame the government and greedy corporations. We need to be far more interactive and have a louder voice. We need to be better informed voters. Washington is operating in a vacuum these days, making decisions that will impact us for years and years. They need to be held accountable for their actions.

I terms of this bailout. If you really want to jumpstart the economy, why not look at regulating the credit card companies who are charging people over 30% interest because they were 1 day pat their due date, things like that. Yes, we should encourage people to be responsible with credit, but they don't have to rip your heart out. Also, how about some kind of policy towards heating costs, which will be through the roof for people this winter.

I'm not sure bailing out Wall Street and the 2.5 trillion dollars in additional money that is going to be floated out there is going to be the complete solution here.

I don't usually vent too much, but I have to say that I'm fed up with what I see as incompetency, lack of integrity, and feeding an already news-hungry media. Gloom and doom. That's what the media seems to live on these days. I suppose they always have, but every storm is the apocalypse, it's as if we are in the end of days. Negativity spawns even greater negativity and lack of confidence. This country does need change. I'm not convinced either of the candidates running for president will bring it, but we certainly need it. We need our confidence (not arrogance) back, s that the rest of the world puts their confidence back in us and the American dollar. If Washington can't help do that, then they're going to have to get the hell out of the way and let people who can bring us back to solid ground do the job.

End of rant...

[Ivan G]

Thanks for the advice Jim....

[Steve Sanacore]

I am not your father. Nor is it my intention to be. But I have some advice that is worth exactly what you are paying for it.

Be very careful with your spending. The world is in financial turmoil right now. I strongly recommend that you take care of your personal finances and tighten your belts.

If you can make a purchase that can make you some money, buy it. If you are considering making a purchase "just because"... please think twice.

Our customers are important to us. But not at the expense of their financial safety. We view RED as a long term partnership with our customers. Not a quick buck.

So be careful. We are all in this together. For the long haul.

Jim


Yes, I was having the same thoughts this morning. Thank you for reinforcing them. I have so much respect for you and your accomplishments. Let's hope this mess changes course quickly for the better.

[gbalaji]

Thought provoking post Jim. Never expected this from a businessman. Thanks for your advice.

[Darren Orange]

Only Jim would say something like this. Thats truly impressive sense of value of the people who he works with. Cheers Jim, this mentally is the obvious reason you have done what you've done and will continue to do so. You set a good example!

[Pierce Cook]

Another reason I'm putting my money here and not elsewhere. Regardless of spec, competition, and dollar value, RED works and communicates with us.

Thanks, Jim!

[Basil Carating]

but i still want my scarlet- even if i have to sell my leicas. i say go with the better performing asset.

[pango]

i've been told the rothschilds own thje federal reserve and the bank of england so all this buying up of banks and "measures" to keep economies afloat just unredistribute the wealth back to the fatcats.

It is incredible that the antisemite cliché would be swallowed so easily, but of course, somebody must be guilty, right?!

You have been told wrong. Reserve banks are public institutions, albeit to some extent "independent". They almost unavoidably do produce profits (as an appreciated but not aimed for side effect) which make part of the state income.

However, there is a subtle form of redistribution : if in a country with a weak currency trade is paid in USD or EURO, this produces indirect income to either the US or the european central banks. Funny right, there is a guy in some south american country that hands a dollar bill to another guy and this act by almost invisible magic produces a tiny bit of state income in the US.

[jetaddiction]

ah crap. box office # have never been higher, the more that wall street goes in the dumpster the move people want to escape to the movies /entertainment. to take their minds off the fact that the retirement nest egg is half of what they had hoped and the government will just start printing money. the u.s economy sounds like it is run like a carnival shell game managed by don king and david copperfeild. what did you expect ? at times like these there are great oppertunitys ( well for at least for those that can spell) things get any worse down there and we have to send in another fleet of canadian comics to invade hollywood. ... again. eh?

[Sean]

Jim's advice warms my cold, empty wallet. How often does a company "CEO" advise caution to the same consumer they're trying to sell to. It makes me trust Red a hundred percent more (and my trust was already very solid given my experiences with the company to date).

[Lucas Wilson]

i've been told the rothschilds own thje federal reserve and the bank of england so all this buying up of banks and "measures" to keep economies afloat just unredistribute the wealth back to the fatcats.
check out:

http://www.thetruthseeker.co.uk/article.asp?id=4277

Once again, applying Lucas's 1st Principle of CrazyTalk, which states...


Any website which can be linked to a website that is primarily about the Illuminati Conspiracy in under three links shall be ignored as tin-hat paranoiac rubbish.

http://www.thetruthseeker.co.uk/article.asp?id=4277

and then click on the "Adam Weishaupt" link on the upper right-hand corner, and you get...

http://www.thetruthseeker.co.uk/article.asp?ID=41

DingDingDingDing!!!! ONE link to an article about the Illuminati Conspiracy.

I rest my case.

(Oh, by the way... lizards control the world. Please see http://www.davidicke.com/content/category/6/27/83/ for more details.)

Lucas
-----
Fighter for The Truth, Lizard Mind Control, etc.
LA, CA, USA

[Adrian Correia]

Hopefully things will pick up for all of us. You never know....I have not rented my Red in about two months. I have been shooting, but it has been tough. If things get worse then I may consider selling my package...but that would be a last resort.

[Darren Orange]

(Oh, by the way... lizards control the world. Please see http://www.davidicke.com/content/category/6/27/83/ for more details.)

Lucas
-----
Fighter for The Truth, Lizard Mind Control, etc.
LA, CA, USA

Come on Lucas, This has been known for years.

President Bush is a lizard? (http://www.progressiveu.org/160445-president-bush-shape-shifting-lizard)

[Jason Diamond]

it is a known fact that the intl banking community deliberately crashed the smaller financial institutions to start the initial depression and thus created the Federal Reserve and Income tax to repay the debt accrued by the US govt to the federal reserve which is not a federal org but a private bank that lends money to the govt at interest.
also income tax is illegal as it was never fully ratified in the senate or congress.

regardless sound biz practices would tell you dont spend it if you cant afford it

just my 2 sense

[Christopher VanDyke]

Thanks for the reminder, Jim.

Of course, I still hope to be able to buy a Scarlet next year.

[Elizabeth Lowrey]

JJ for President ;)

Sheesh, I'd vote for him in a nanosecond!

Jim, if not in 08, how about 2012?

[Denis Haineault]

I am not your father....

Jim

And I am not Luke...

[C.H.Haskell]

Thanks Jim.

[Paul Lee]

Good on you, Jim. Wish more CEO's knew their consumers, and respected them.

[Matthew Verkler]

it is a known fact that the intl banking community deliberately crashed the smaller financial institutions to start the initial depression and thus created the Federal Reserve and Income tax to repay the debt accrued by the US govt to the federal reserve which is not a federal org but a private bank that lends money to the govt at interest.
also income tax is illegal as it was never fully ratified in the senate or congress.

regardless sound biz practices would tell you dont spend it if you cant afford it

just my 2 sense

The Federal Reserve and Federal income tax started in 1913. (good year for bad innovation, hehe). The depression started in 1929. Please get your facts straight before putting on the tinfoil hat. By the way, I'm no fan of either the Federal Reserve or Federal income tax.

And just so this post is not completely off-topic, thanks Jim for your concern for all of us. I know it's sincere.

Cash flow is always essential, especially in hard times. Cash flow is a two-sided equation: we have to keep expenses under control, but we also have to do everything possible to keep money coming in. It's worth spending money if it brings income. Certainly my expenses are being evaluated much more harshly these days, but I can't totally hamstring the future either. One thing's for sure: any equipment I buy right now had better start performing immediately.

Matthew Verkler

[number6]

I think this company is better positioned than some of the larger camera corporations. RED sold cameras that were hi-value and produced 4 times the going rate for quality during the boom times and made them completely upgradeable. Monies that WILL be spent in the coming retrenchment will flow to this source of image making. Pity the poor Godzillas.

[KETCH ROSSi]

I am not your father. Nor is it my intention to be. But I have some advice that is worth exactly what you are paying for it.

Be very careful with your spending. The world is in financial turmoil right now. I strongly recommend that you take care of your personal finances and tighten your belts.

If you can make a purchase that can make you some money, buy it. If you are considering making a purchase "just because"... please think twice.

Our customers are important to us. But not at the expense of their financial safety. We view RED as a long term partnership with our customers. Not a quick buck.

So be careful. We are all in this together. For the long haul.

Jim

Too late! :)

ciao

[number6]

Sheesh, I'd vote for him in a nanosecond!

Jim, if not in 08, how about 2012?

eclaire, Politicians are a dime-a-dozen... good camera makers are rare. Stop this overt attempt:gun: at head hunting!:)

[Adrian T.]

Wow, Jim, respect for you and your wise words. :ohmy:

[Lucas Wilson]

also income tax is illegal as it was never fully ratified in the senate or congress.

That is a common delusion.

http://www.irs.gov/pub/irs-utl/friv_tax.pdf

Read this thoroughly, and if you can refute it - go for it. I'm sure there are many people who would love for you to be right!

Lucas

[Paolo Tinari]

Impressive words from an hardcore business man. Ethic will be the added value of the new new deal.

[Todd Anderson]

I have complete respect for your character and ethics.... amazing. Absolutely amazing (completely serious there).

... your words move.

And I'm being a little sarcastic with this next comment, but it is actually a compliment, even if it may seem back handed, ....but if you were to name your island 'Jonestown', I think I would be drinking the special cool aid by now...

What was that guy's first name??? :)

[Jerry Nichols]

Mr. Jannard, 1st, Thanks for the sound advice, Having lost my father 9 years ago it is a comfort to have someone I can respect.

2nd - I would gladly write in J. Jannard on my ballot next month!
:biggrin:

[number6]

....but if you were to name your island 'Jonestown', I think I would be drinking the special cool aid by now...

What was that guy's first name??? :)

Barack

[Jeff Coatney]

Funny how the Market corrects itself. Also funny how Free Enterprise advocates run home to Papa US Gov't when they (intentionally?) steer the ship onto the rocks. I'm learning more and more about this crisis.

Last sunday night's 60 minutes episode was alarming. A phantom market of unfunded indemnity instruments worth 60 trillion that is not only unregulated, but no one knows how big it truly is?

Look for Congress to turn your house or condo into a defacto bank after the election, subjecting your mortgage to federal oversight. Which might not be a bad thing if they can privatize the agency that would oversee it. It might play havoc with foreign investors, however.

[Nils Ruinet]

Right now I'm more than happy that I spent my money on a Red, rather than on some silly stock options...
In fact, it's probably the best investment I could have made.

And the best part is, it also makes fantastic pictures ! :)

[Perry Ho]

Jim!

Great advice, you really wake up those PPLS looking to earn the quick money with your luxury design - Red One Camera.

Cheers

[Roberto B]

some of you are not.. but others.. well.. others are too much pathetic w/ your idiot comments.. pure idolatry.

as he could know you by your posts here.. saying always the same.. it could be funny.. just redundant/useless, sad though.

on the other hand.. it's possible to reach some non-nonsense (= w/ sense :umm:) contributions about the actual crazy times we live.. may daddy save them.. </not laughing>

[Perry Ho]

Hi Jim!

Great advice, You really wake up those PPLS who looking to earn the quick moneys from your luxury design - RED ONE

[Gordon Prince]

some of you are not.. but others.. well.. others are too much pathetic w/ your idiot comments.. pure idolatry.

as he could know you by your posts here.. saying always the same.. it could be funny.. just redundant/useless, sad though.

on the other hand.. it's possible to reach some non-nonsense (= w/ sense :umm:) contributions about the actual crazy times we live.. may daddy save them.. </not laughing>Well said. Any doubts? :)

[jrfilmproduction]

During recessions the best business can be done. Head up and forward.
Can't rent your camera? Start shooting stock footage. Use your time and make short micro budget productions. Convince others to do the same. Its now you can get the market shares you need for the future.

We are working since 8 month around the clock to bring a new revenue and distribution channel to the RED community, some of it will go online during the next weeks. Have a look, use your fantasy and try to understand how you could use it. The platform is already working but not publicly accessible. We are fine tuning the details. We hope we can remain exclusive to the RED community if everybody starts to use it.

All that has already required investments with 6 zeros. Lets educate all content producers, adverting agencies and broadcasters to start using RED RAW files. Jim has provided REDCINE and RED Alert, hope he will soon unlock the Software form a camera purchase or release a purchasable version - and FPC, Scratch, Premier and AVID are standard everywhere in the industry by now.
http://www.uhdworld.com

[Jason Diamond]

of course that is a doc created by the govt so it would naturally say its legal ;)

tin foil hat and all

[Johann Schulz]

Filmmaker's gang: tougue in ass-cheek as usual. When will it end? Soon....

[Eirik Tyrihjel]

Great post jrfilmproduction!

It´s about seezing the opportunities, and keeping head above water!
I have had an incredible year with RED, most of the investment has been earned back already!
As things now cool down, I too will be hit for sure, I will spend all the free time I get at shooting, developing my products, showreels and website (maybe now I can even find time to give our company truck a decent wash and wax - been way to busy lately) - I will be around when things turn and take a nice big bite of the opportunities that arise!

Best of luck to everyone!

[number6]

We are working since 8 month around the clock to bring a new revenue and distribution channel to the RED community, some of it will go online during the next weeks. Have a look, use your fantasy and try to understand how you could use it. The platform is already working but not publicly accessible. We are fine tuning the details. We hope we can remain exclusive to the RED community if everybody starts to use it.

All that has already required investments with 6 zeros. Lets educate all content producers, adverting agencies and broadcasters to start using RED RAW files. Jim has provided REDCINE and RED Alert, hope he will soon unlock the Software form a camera purchase or release a purchasable version - and FPC, Scratch, Premier and AVID are standard everywhere in the industry by now.
http://www.uhdworld.com

That's impressive!

[Jason Diamond]

you are correct i had misinformation and timeline.
however the fed had still flooded the market and inflated the money supply by about 60% during the 1920's and raised the interest rates in 1931 prior to the crash as the gold standard was declining. not conspiracy and not total blame but def responsibility and poor decision making, and prob not the discussion for this board :)

[John Wee]

Jim,

This is why we all LOVE you.

[DaveT]

Lot's of good points.
In bad times, societies look to storytellers to ease their worries, keep them informed, and to maintain healthy relationships between people.

Computer based production (cheap cam, laptop, some decent software, and the internet for marketing and distribution) is allowing humans to make and distribute media with much less monetary investment then in times past.
Like the growth that kicks in after a bush fire, there are always opportunity to be had after a Conflagration.

Everything runs in cycles.

[Roberto B]

Filmmaker's gang: tougue in ass-cheek as usual. When will it end? Soon....yeah.. soon.. that one me liked it! ehehehehe

[Roberto B]

by the way.. speaking about sj.. following your wine tips we cannot go wrong anyway.. ehehehehe

[paolomerlini]

Jim, thank you very much for yours words.
Nowadays it is very difficult get this kind of warnings!!
As usual, you show a great deal of sincerity and honesty.
I'm really proud to be part of this RED adventure.
Cheers

Paolo

[Kyle Hance]

Jim, you're more than a CEO of an amazing company, you're a true man. Statements like these only make me respect you and RED more and more. This is how ALL companies should be run.

[Jason Francois]

Thanks Jim. As usual things around her are not like elsewhere, but more how it should be.

I opted out of RED #366 just because I was buying it to play around with and I saw a bit of what is happening coming. It was tough to do, but it was the right decision.

I will be back buying RED products when the time is right and the tide has changed a bit.

Thanks again for the bit of wisdom.

J.

[Daniel Reichenbach]

Hi, take my hat off, Mr. Jim. Good advice from a wise man. The two REDs were the best investment last year. So, they are payed, no bank behind. That makes me free to go where the work is.

[Matthew Greene]

My respect is yours.

[Buck Forester]

Excellente' advice-o. If things get really bad, can I crash out on the couch in the Red Ranch lobby? I'll straighten out the pillows each morning.

[Joseph Ward]

Jim sounds like Chris Kringle in Miracle on 34th Street.:) Thanks for the reality check and keeping us out of debt. Honesty is always a great policy.:wink:

[Patrick Tresch]

Hi, take my hat off, Mr. Jim. Good advice from a wise man. The two REDs were the best investment last year. So, they are payed, no bank behind. That makes me free to go where the work is.

Congrats Daniel!

:-)

Patrick

PS: Are you still in for Scarlet 222 ? You would have a buyer here :-)

[ATF]

I can't wait to take my RED down to Wall Street when the masses descend upon it and blood runs in the streets.. in 4k! WOO HOO!

Anyone else want to come down from the neighborhood? Maybe we can get it in 3D!

ATF

[michael zaletel]

Our customers are important to us. But not at the expense of their financial safety. We view RED as a long term partnership with our customers. Not a quick buck.
Jim

Extremely Classy Mr. Jannard. Thanks.

-shooter

[Lárus Jóhannsson]

Agree with nearly everyone else here when saying. Nice one RED, because of this thread I'll spend all my savings on a RED ^^ naah but I surely will in the future :P

Though it will be quite a while since Gordon Brown is suffocating Iceland :S

[10s]

I can't wait to take my RED down to Wall Street when the masses descend upon it and blood runs in the streets.. in 4k! WOO HOO!

Anyone else want to come down from the neighborhood? Maybe we can get it in 3D!

ATF

Maybe someone will use their RED to film the punishment carried out on the politicians who caused this mess also, but I doubt it, because we're currently rewarding those who caused the trouble.

Liberal politicians forced banks to make bad loans in the name of affordable housing to those without adequate income, and so on; a complete house of cards criminal scam. These mortages were bundled, sold and a multiplier effect went to work around the world. Wall Street pretended not to notice the craziness of these mortgages so they went along with the political scam. Now we're suppose to believe the people who made the mess are going to save us? ... yeah right! -- but I guess it's OK, afterall, they said they're sorry! ....wait a second -- Correction they haven't admitted anything ....yet.

Free Markets have a way of adjusting, removing the trash and self correcting, if only big brother socialist government would stay away from people engaged in free enterprise.

Thanks Jim for trying to warn us about the fallout caused by numbskull politicians who are conveniantly using the Wall St. whores as a scapegoat so they can save their sorry rears.

[DSPographer]

Yeah, that's it 10s. If only the poor bankers weren't forced to get rich off of exploiting the mortgage market the free market would have avoided this mess. What we need is a nice unregulated market in credit default swaps- that'd save the day. Oh yeah, we already have that and somehow it didn't help things did it?

[Mark Thorpe]

I am not your father.......Uhhhh, my lawyers didn't send in that paternity document then? Pop !! :)

Good advice, nice to be a part of the growing family.

Cheers,
Mark

[SandeepDey]

I loved the concept, I loved the camera. Now I am falling in love with the company!
I think I need to write up my resume and find a place to mail it to.

[SalaTar]

Advice noted,
But as you have more monetary funds than 95% of the planet, how should we proceed in our day to day lives?

[Jason Sinclair]

More advise:

During economic hardships conspiracy theories run rife. Hitler used the jews are going to take over the world conspiracy and good people fell for it and the world was led into darkness. Stand your ground and don’t believe the crap or support people that don’t have proof... Its simple, banks gave way to much money out. This is a result of greed, then the scales were tipped when oil rose thanks to another greedy assault: Iraq. Some people call it karma and its simpler to acknowledge the wrong done and move forward than to keep the ego inflated and suffer more than is needed.

Secondly, A lot of studios made a lot of money during the depression. Food for thought.

[Obin Olson]

who why and how much?

[Jason Sinclair]

who why and how much?

"During the Depression, when the spirit of the people is lower than at any other time, it is a splendid thing that for just 15 cents an American can go to a movie and look at the smiling face of a baby and forget his troubles."

-President Franklin Roosevelt

[Jason Sinclair]

who and how much?

Significantly MGM.

96 million from 31 to 40, probably its most succesful period in history? About 50 pictures per year.

[Kevin Wild]

Times have changed. Back then movies were cheap and a good escape. Now, they are way too expensive and the escape will be television. Just my $.02, but I do not see Hollywood having some great year, if the economy continues to tank. But I do think you'll see some very good ratings on some very bad tv shows. :-)

[Peter McCully]

[quote=jedi666; income tax is illegal as it was never fully ratified in the senate or congress.

just my 2 sense[/quote]

I don't think death has been either?

[Jason Sinclair]

Now, they are way too expensive and the escape will be television.

internet...

[Dennis Guskov]

This whole thing is going down! And the reason is public ignorance...
http://www.youtube.com/watch?v=ge2J2lNusJs

[Jason Sinclair]

This whole thing is going down! And the reason is public ignorance...
http://www.youtube.com/watch?v=ge2J2lNusJs


I rest my case (http://www.dc-coin.com/index.asp?PageAction=VIEWPROD&ProdID=133)...

[Redolutionary]

Less is more... That's how I see it! Less money, less greed, less lies, less crap. More direction and purpose, more ideas, more innovation and progress, more truth, more trust. Now that's how you make great movies!!! A bit optimistic? Isn't that the point!?! The future is bright when you know what makes you happy. My advice, go find whatever it is that makes you sound like me...And for goodness sake sell you're red to a filmaker!!

[Redolutionary]

... And ya, I agree, the studios won't be able to give em the films they need. I think we will see Indy film flourish and redifine itself bigger than ever thought possible in this economy with in production inovations like red and digital distribution systems like itunes (for a rudementry example).

[RollsWrangler]

My $0.02 as a business/finance type. We're experiencing an accumulation of "remote and unforseen consequences" in financial markets that originated with deregulation in the 1970s. Most likely we in the US will experience two or three quarters of negative GDP beginning in 2008 Q4. Financial institutions will be stabilized via a mechanism similar to the Resolution Trust Corp of the 1980s. 1) Problem loans need to be taken off the books. 2) Capital needs to be reinjected via federal equity purchases which adds to bank reserves and therefore creates a multiple for funds that can be loaned. 3) Lending needs to be restarted but on sound conditions, not "liar loans" based on fabricated credit information. Ultimately most if not all of the $700B federal "bailout" can potentially be recovered but there is a cost to the economy in terms of higher inflation two to three years out. I'm optimistic that we'll see renewed stability in the stock market within days to weeks as coordinated actions are agreed upon and details become known. There may or may not be further downside "drift" but there will also likely be a gradual recovery over the next 9 to 15 months coincident with stability in the US housing market. By 2010 we should have a growing, stable economy again. Energy supply is a big issue long-term because rapidly expanding global demand exceeds petroleum production capacity and lack of petroleum supply has the potential to limit economic growth. This problem could resurface by 2011-12 as pricing again has the potential to exceed this year's $147/bbl peak. This said most of us will probably experience far less turbulence in the real-world economy than financial markets are currently experiencing. Political change must come via intelligent re-regulation, federal spending restraint, probable tax rate increases, more balanced internationall trade and attention to the value of the USD, and other reforms.

* * *

I own a low volume film production company (dramatic and commercial spots) and am happy to make do with the high quality, low-use, well-maintained analog film equipment shaken loose by the headlong plunge into digital media, picked up at 5 to 15 cents on the dollar vs. cost new. Digital media still is highly experimental IMHO although a price/preformance breakthrough now appears to be at hand in part due to the initial commercial success of RED. I would like to see more breadth to the product line and better stability and integration of software and processes (with fewer "quirks") between production and post-production before spending another $50 - $60K+ on a starter outfit.

It's always a good idea to remain financially prudent and never to do business with a bank as your only partner! Well said. Best to all

George - Houston

[Redolutionary]

how do you see that scenerio effecting studios and the movie going public's spending on entertainment? Do you see any positive oppoirtunities for Indy filmakers? Do you see a correlation between that scenerio and the stories people will be interested in seeing or worth telling? I'm always interested in the relationship of commerce and art.

[Mark L. Pederson]

here's a post from Cuban's blog from a week ago -

http://blogmaverick.com/2008/10/04/how-to-get-rich/

[Tonaci Tran]

Thanks for the link Mark. I never read his blog before. A wealth of information there. Both Jim's and Mark's advice Gives me a wakeup call to push even harder.

[Jeff Kilgroe]

Great link, Mark. I haven't read Cuban's blog in quite a while. But everyone should read that and entry and put it to serious consideration.

He is so right. Save! Put that credit card away... lock it up, destroy it, whatever. Drink water, try to avoid eating out (it will make you poor and fat). Don't spend any money you don't have to part with. There are no shortcuts. Patience...

I'm still looking for my big opportunity, but I'm confident that when I find it, I'll be ready.

[RollsWrangler]

There probably is not a correlation between disruption in housing and credit markets and the public's discretionary spending on entertainment other than for several million individuals who are impacted via foreclosures or job losses are going to have less to spend. For the vast majority, the problem is systemic, not something an individual can address. All that most can do is react defensively to the extent required by personal finances. Psychologically the result is less optimism, and increased suspicion of institutions and leadership. Any personal encounter with a serious downturn such as 1972-74 or 1980-82 should result in lessons learned and more conservative behavior going forward. My affluent friends divide their income roughly into thirds. The government gets a third. A third gets saved and invested. And a third gets spent on everyday living (including housing and transportation). In fact, during times of adversity, when there is no direct personal impact due to adequate capital reserves and while consumption in general is slowing down, that's the time to spend MORE. In contrast, when the economy is strong, "make hay while the sun shines", work harder and save more while devoting less personal time to distractions. At the opposite (low) end of the cycle, don't be afraid to let loose of a little cash for personal enjoyment, provided that you already have it. This isn't possible for the lower income strata. There's genuine pain at the low end of the strata in times like this.

Multiple stories come to mind. The parallel is between Enron Corp and "The Rise and Fall of Enron" and "The Smartest Guys in the Room" which somewhat fairly and objectively organized personalities and group psychology which generated a specific massive corporate conspiracy and fraud. We've seen a continuation of this mentality on an institutional scale nationally with respect to home mortgage borrowing and lending, and in turn in the abuses of non-bank financial institutions. Prior to the 1970s if you wanted to borrow money to buy a house you needed a 20% downpayment and you had a choice of either a bank or a savings & loan. These local institutions carried the default risk throughout the life of each loan. The average loan probably lasted four years due to relocation of a typical homeowner. But since that time S&Ls have been put out of business, and banks have developed lots of ways to generate fee income rather than interest income. Loans are originated for a fee, then securitized, then inadequately rated, then CDOs or CMOs change hands like hot potatoes -- seeking yield, until one day there are $trillions of these things circulating around the world and suddenly no one knows what's baked inside them or what the individual pieces are worth. $2 trillion of equity has disappeared, and counting, while the "contagion" has resulted in a genuine panic. Similar speculative episodes have been occurring since time began. Each time old proven values and traditions are disposed of with a view to making fast money under a theory that something is new and different. In reality "new age vision" is proven to be "age old fantasy" of spinning straw into gold. As with any tale that has moral implications involving complex human behavior there is a long circuitous chain of causes and effects complete with human frailties, fears and ambitions, collective psychology, and limited capacity to observe or to reason that ultimately results in a boom-bust episode, with government summoned to pick of the pieces and "fix it". "Pacific Heights" dealt with one aspect of an undercapitalized individual homeowner's fantasy of leveraging himself to success, only to come to grief. More or less the same thing has repeated itself for at least a couple million homeowners even without a malevolent tenant.

Economics and finance needn't be all that arcane. However there has for a long time been a prevailing academic fantasy that an unregulated "perfect market" representing Adam Smith's "invisible hand" is all that's necessary to generate optimal wealth creation and balanced income distribution. A parallel mistake is that quantitative methods and "financial engineering" can be used to manage and possibly eliminate risk. It instead creates infinite leverage. But economic behavior is merely the sum of multiple human behaviors. An "efficient market" is merely a substitution for an "omniscient being"; neither of which exist. There is no separate branch of applied finite mathematics that can ultimately describe and predict fallible human behavior. You can't solve a series of equations that consist of all variables and no constants. Such "sophistication" only appears to work, for as long as it appears to work, then one day when collective fantasy has pushed the system too far out of wack ultimately it corrects at which time the fantasy becomes apparent. Lots of ways exist to dissect this. They're still airing "nothing down" real-estate schemes at 2 AM as of this moment ...

Incidentally, I thought "Cassandra's Dream" did a masterful job of explaining moral corruption in the lives of a family generation with the result being three dead and one still on the loose at the closing "FIN". This recent Woody Allen film could be used as a textbook case in abnormal psychology.

In business there is always a lot of flux. In the very long run there are no technological problems, only the continuing overriding economic problem. Human action needs a legal framework in order to function. Liberty and prosperity go hand in hand. But that does not mean total anarchy should prevail. Powers of coercion are restricted to the government so that individuals are free to act voluntarily and cooperatively. Markets change faster than national economies. Companies change faster than markets. Managements change faster than companies. Each individual frequently outlasts managements, companies, and markets, as well as entire economies in such places as Western Europe, for instance, which has transitioned to the EMU (the monetary union, not the bird). Certainly, all of us are, at times, at the mercy of an imperfect financial system. I dislike stories about evil psychotic manipulators although such critters do in fact exist, while I prefer relatively detached and objective analysis about bright, well-motivated, ambitious but ultimately fallible people who at times are swept along by an unnavigable tide. Perhaps, to an institution investor, these days we're "at the brink" and the most prudent thing to do is beat a tactical retreat to the sidelines until calm is restored and order emerges from chaos.

(Sorry for the OT post; I can probably restrain myself for at least a year).

George - Houston

[Hans von Sonntag]

Great link, Mark. I haven't read Cuban's blog in quite a while. But everyone should read that and entry and put it to serious consideration.

He is so right. Save! Put that credit card away... lock it up, destroy it, whatever. Drink water, try to avoid eating out (it will make you poor and fat). Don't spend any money you don't have to part with. There are no shortcuts. Patience...

I'm still looking for my big opportunity, but I'm confident that when I find it, I'll be ready.

Jeff,

in this case I'm not with you. The fincancial crisis has already swapped over the big pond and severely hit Europe. So again we sit in the same boat.

What happens now is Angst for the Angst. The best thing now everyone can do is behave normal. If people start saving paranoide money the crisis will spread in all corners of our economy. Right now the finacial and real etstates markets (in this case US only) are touched mostly. Parts of the "real" economy like the automotive industries already feel the shortage (German car industry for instance) but we don't want to become all involved too much.

The great Amercian optimism is now in demand. Please don't freez in Angst.

And if we talk about getting rich: Yes, holding comes from keeping - but a great idea, assertiveness and sustained effort are much more important than saving. The big unknown constant is and ever will be assertiveness - all extraordinary successful people I know have it. You have it or you don't. You don't get it by reading a smart book or in this case a blog.

I think if one thing can be learned from this crisis then fast richness is by no means a meaningful objective. Greed is a bad advisor so is fear.


Hans

[number6]

Got gold?

(me neither... darn!)

[Jeff Kilgroe]

What happens now is Angst for the Angst. The best thing now everyone can do is behave normal. If people start saving paranoide money the crisis will spread in all corners of our economy.

Actually, I'm in agreement with you on that Hans. I wasn't talking about saving paranoid money at all. I was just saying, or actually agreeing with Mark Cuban's advice, is that the best way to wealth is to save your money for the right opportunity and not follow the crowd. While I firmly believe that the best way out of this financial situation is to "act normal" and continue with business as usual, I'm also not an advocate of people spending "stupid money". That is, don't use that credit card so much, not at all if you can avoid it. Don't buy things you can't afford. Stuff that should be common sense, but for some reason people do these things. Everyone wants to have it all and have it right now.

The economic funk could not have come at worse time for the USA. Business is slow right now, it always slows up as we approach a big presidential election. It's as if people just hold their breath. I don't get it, but that's the way it is. Pile on top of that the ailing economy, billions of $$ in bad debt, and a nagging anger over our current government in Washington and it only gets worse.

[Joe G.]

I guess that "hidden hand" has finally given them the finger.

[Joel Simone]

I followed Red for some time - as many in this community, since the early announcements. However, this is my first post. I'm usually a watcher, listener, but this subject inspired me.

I've never witnessed a business say, "Be very careful with your spending."

Very different and intelligent - a movement with longevity. I will likely be a Red partner (customer) someday.


I am not your father. Nor is it my intention to be. But I have some advice that is worth exactly what you are paying for it.

Be very careful with your spending. The world is in financial turmoil right now. I strongly recommend that you take care of your personal finances and tighten your belts.

If you can make a purchase that can make you some money, buy it. If you are considering making a purchase "just because"... please think twice.

Our customers are important to us. But not at the expense of their financial safety. We view RED as a long term partnership with our customers. Not a quick buck.

So be careful. We are all in this together. For the long haul.

Jim

[androbot2084]

I really do not think that now is the time to hold back on spending as long as there is a purpose to the spending but rather I think now is the time more than ever to be very reckless with your spending. The fact of the matter is that you will never make it on a major Hollywood production if you show up on the set with a Panasonic HVX200. Sure the HVX is paid for and does not require a mortgage but it simply will not do the job on a big production. Red One on the otherhand will rival any 35mm film camera.

I remember watching the movie the Aviator about the filmaker Howard Hughes who produced a movie during the depression and was almost bankrupted because he had to reshoot the entire movie in order to add sound and reshot some scenes in order to add color. The conventional advice he received at the time was that he should scale back the costs by eliminating color and sound and instead put that money in the bank. Had he followed that advice he would have lost his money when the bank folded and nobody would have watched his movie if it did not have color and sound.

[Zakaree Sandberg]

The fact of the matter is that you will never make it on a major Hollywood production if you show up on the set with a Panasonic HVX200.

unfortunatly.. just owning a red one will not get you on a major hollywood production:/

Jim is 100% right on being carefull...
however, its always a good idea to invest in your business..if your currently doing it professionally :)

[androbot2084]

And in 1930 releasing a movie with sound some scenes shot in color and with a lot stunts was no guarantee of sucess. Mr. Mayer of MGM told the 21 year old Howard Hughes who he probably considered a whipper snapper that he would never suceed outside of the major studio system because no one would watch his movie and no one would distribute it.

I am sure MGM boasts of its movie 2001 a Space Odysee but Howard Hughes boasts that his real surveyor spacecraft accomplished the first soft landing on the Moon.

[androbot2084]

I am not saying that the purchase of a Red will automatically create income and it would indeed be foolish to make a substantial investment and have it create dust. But what I am saying is that if one sees an opportunity are we going to let fear guide our business decisions?

I imagine that the worst case scenerio if I cannot get any gigs with a Red camera is that I could always do wedding videos. Of course using a Red is overkill for wedding applications however I will be learning how to use truely professional tools and I am sure the business although costly would be sustainable if one were really serious.

[John Caballero]

If doing a wedding is going to net you a grand on a saturday afternoon and evening while you eat well and enjoy the music I don't see anything wrong about doing it with your Red. Anything that brings you money towards recouping your investment is decent work. Unless you are extremely well connected, Hollywood may take a little longer.

[Steve Sherrick]

Of course using a Red is overkill for wedding applications however I will be learning how to use truely professional tools and I am sure the business although costly would be sustainable if one were really serious.
You can look at it another way. Weddings are a battleground. They're like a war simulator jacked up to level 10. If you can shoot a wedding with Red at 4K, 23.98 with 35mm fast lenses and manage to follow the action, keeping everything exposed properly, focus tight, etc. you will feel very comfortable shooting with Red in a lot of other situations. Now, knowing how to light interviews, dramatic scenes, etc is certainly that other half of the equation to really being a great DP, but don't discount weddings too much as a good place to train with the camera, get some great footage, and make some money to pay it back. I'm open to any opportunity to shoot with this camera and make some money doing it.

Now, having said all that, shooting with two or three EX-1s would probably be my first choice for doing a traditional wedding video because you'll have the coverage, and a lighter camera to move around with. And it will still look really good. But the challenge of shooting with Red and then the results you can get from it make it more fun - I think.:unsure:

[number6]

I am not your father.

Lu-cas...you-are-my-fa-ther...

oh-and-dad...can-i-bor-row-the-keys-to-the-ep-ic...i-have-a-date-to-nite-with-pair-is....

ed-it...Par-is

[Jannard]

It doesn't take a rocket scientist to see that the world is in trouble. We should all take a very close look at how we move forward.

Jim

[Emanuel A.]

Agreed. Here's one of my tools:

http://bloomberg.com/news/markets/currencies.html

Or anyone of the other ones related to: commodities, stocks, bonds and so on.

[Ethan Cooper]

It doesn't take a rocket scientist to see that the world is in trouble. We should all take a very close look at how we move forward.

So this explains the logic behind Red Ranch... you're building a compound out there in the desert aren't you? Will it come complete with bomb shelters, munitions storage, and tin foil hats? You should totally serve everyone kool-aid as they enter.
________
Mercury monterey history (http://www.ford-wiki.com/wiki/Mercury_Monterey)

[number6]

So this explains the logic behind Red Ranch... you're building a compound out there in the desert aren't you? Will it come complete with bomb shelters, munitions storage, and tin foil hats? You should totally serve everyone kool-aid as they enter.

My personal thinking is that Jim is looking PAST the coming troubles and looking at what things will look like afterwards. He probably IS building said compound, but for the purpose of keeping out the industrial espionage that will be directed his way to steal his secret formula (for being successful in both good times and bad).

Or maybe he always wanted a fort when he was a kid and now he can afford one. Who knows, other than he and his analysts?:holloween:

afterthought: Orrrrrrrrrrrrh?! Maybe he bought fort Knox and is moving it to Vegas!

new afterthought: I'VE GOT IT!!! JIM'S SOLVED THE THEORY OF EVERYTHING! That is, he is building Red Ranch as the place where all the great directors, editors, producers etc. come together. They will go to work in a great control room each day and will be surrounded by video screens that show shots coming in from the cameras on the movie set of the picture they are working on at the time. Their asst director, cinematographer etc. will be on the set and the director will watch as a scene is being shot in real time, just like a tv director does. Only this real time may be coming from half-way 'round the world. Then while the next shot is being set up, the director will watch a scene he has dictated, being shot from another part of the world. He or she makes the decision to go with what they have or reshoot.

This is effect means that movies can be rapidly churned out much like they were during the great depression and will make us laugh or cry or just empathize our way out of the darn thing.

[Emanuel A.]

Apart usual jokes -- the case is too much serious as Jim wisely said, here's another useful tool:

http://www.ac-markets.com/

Hope this helps.


Agreed. Here's one of my tools:

http://bloomberg.com/news/markets/currencies.html

Or anyone of the other ones related to: commodities, stocks, bonds and so on.

[Emanuel A.]

Not forgetting reduser.net & the RED digital cinema project, for sure... :-)

[Jörgen Persson]

The fact of the matter is that you will never make it on a major Hollywood production if you show up on the set with a Panasonic HVX200.

Cloverfield? :clown2:

[androbot2084]

Then maybe we should rally behind the Scarlet. Hollywood productions can always use a more compact camera that produces good quality footage. And the debt burden with the Scarlet is such that it probably won't break you if you are laid off between jobs.

[Jeff Kilgroe]

Cloverfield? :clown2:

Cloverfield was mostly shot with the Viper and F23/Genesis. But yeah, the HVX200 was used a lot too, but at a lesser degree than the other two. HVX has found its way into other hollywood productions, just as other "prosumer" cameras like the XL-1 have. Different cameras for different jobs and in this case the HVX seems to have worked well. I personally didn't care for Cloverfield and I'm not sure what all the buzz was about. But that has nothing to do with the cameras... I thought the movie looked fine, in fact I saw some of the Blu-Ray playing on a 60" 1080p plasma a week or so back, it looked really good.

[Jeff Kilgroe]

Then maybe we should rally behind the Scarlet. Hollywood productions can always use a more compact camera that produces good quality footage. And the debt burden with the Scarlet is such that it probably won't break you if you are laid off between jobs.

Scarlet is going to seriously rock. I love my RED 0ne and I'm very interested in upgrading to EPIC. But I'm betting that Scarlet may actually become my primary, every day camera for all things personal and pro. There are so many times I'm setting up the RED and think to myself how one particular setup or even a complete job would be better with something like Scarlet.

[number6]

Scarlet is going to seriously rock. I love my RED 0ne and I'm very interested in upgrading to EPIC. But I'm betting that Scarlet may actually become my primary, every day camera for all things personal and pro. There are so many times I'm setting up the RED and think to myself how one particular setup or even a complete job would be better with something like Scarlet.

I think you've nailed it. I also think every production will have Scarlets shooting "behind the scenes" footage for DVD xtra footage.

[androbot2084]

One thing I don't like about behind the scenes footage is that the main footage on Blu-Ray is in 1080p but the behind the scenes footage is shot in crummy 480i which looks horrible on my flat panel television. With Scarlet we can create behind the scenes video footage which can easily be downsampled to 1080p at 60 frames per second.

[Bing Bailey]

I think the recession might actually go in RED's favour. studios are struggling to get financing for their films and any way to bring down costs will be applied. RED is an excellent way of doing that. it may not sound like much but if you put out 20 films a year and can save 2m in film stock and processing per picture thats nothing to sniff at

[GoGo]

I'm the guy Jim's talking to. Most of you are pros and offer more advice than you ask for. I'm a carpenter, an artist, a motorcycle racer, a dreamer. And I've got an email in my box telling me my RED is ready to ship. Jim is talking to me.

Thank you Jim.

I learned a long time ago, it's not magnesium wheels or carbon fiber fenders that earn you wins, so don't waste money on toys. However you can't win races using only your heart, so you choose your line as wise as you can.

Mine is likely to be drawn, still, on the far side of a RED. Only I'll draw it more confidently, rather than less, because of this thread.

Thanks for the advice guys.