Taiwan Land Development Corp (TLDC, 台灣土地開發) yesterday announced it has partnered with WPC Media Services to build a digital data bank aimed at serving media and entertainment companies at a lower cost.
The partnership is the latest move by the local developer to realize the “Huallywood” project, a studio park in Hualien County that is intended to be the nation’s answer to Hollywood.
The cloud-based data bank is the result of months of research aided by Canada-based Cameron Thomson Group, a provider of outsourced business development solutions for the media, entertainment and technology sectors.
The joint venture aims to create an end-to-end ecosystem in Hualien to assist global film and TV producers by facilitating content development, production, distribution and monetization, TLDC chairman Chiu Fu-sheng (邱復生) said.
WCP Media is a Swiss-based entertainment software and services company that manages, markets, and distributes content to business partners and clients.
Business-to-business asset management and logistics of high bandwidth and lower compression media during production and distribution still rely mainly on physical transfers using materials such as hard discs or tapes, WCP vice president Giovanni Contri said in Taipei.
Some processing laboratories have made partial transitions to digital media production and distribution, but the market is highly fragmented, Contri said.
This fragmented approach creates confusion and slows efficiency, while the flow of materials is insecure and requires much higher costs, Contri said.
In addition, piracy risks escalate, adding pressure on how the digital content is stored, handled and transferred, Contri said.
The WCP platform supports feature film and TV series production, as well as finished catalogue distribution, cutting production costs by 20 to 40 percent, Contri said.
Sweeping policy changes under US Secretary of Health and Human Services Robert F. Kennedy Jr are having a chilling effect on vaccine makers as anti-vaccine rhetoric has turned into concrete changes in inoculation schedules and recommendations, investors and executives said. The administration of US President Donald Trump has in the past year upended vaccine recommendations, with the country last month ending its longstanding guidance that all children receive inoculations against flu, hepatitis A and other diseases. The unprecedented changes have led to diminished vaccine usage, hurt the investment case for some biotechs, and created a drag that would likely dent revenues and
Global semiconductor stocks advanced yesterday, as comments by Nvidia Corp chief executive officer Jensen Huang (黃仁勳) at Davos, Switzerland, helped reinforce investor enthusiasm for artificial intelligence (AI). Samsung Electronics Co gained as much as 5 percent to an all-time high, helping drive South Korea’s benchmark KOSPI above 5,000 for the first time. That came after the Philadelphia Semiconductor Index rose more than 3 percent to a fresh record on Wednesday, with a boost from Nvidia. The gains came amid broad risk-on trade after US President Donald Trump withdrew his threat of tariffs on some European nations over backing for Greenland. Huang further
Macronix International Co (旺宏), the world’s biggest NOR flash memory supplier, yesterday said it would spend NT$22 billion (US$699.1 million) on capacity expansion this year to increase its production of mid-to-low-density memory chips as the world’s major memorychip suppliers are phasing out the market. The company said its planned capital expenditures are about 11 times higher than the NT$1.8 billion it spent on new facilities and equipment last year. A majority of this year’s outlay would be allocated to step up capacity of multi-level cell (MLC) NAND flash memory chips, which are used in embedded multimedia cards (eMMC), a managed
CULPRITS: Factors that affected the slip included falling global crude oil prices, wait-and-see consumer attitudes due to US tariffs and a different Lunar New Year holiday schedule Taiwan’s retail sales ended a nine-year growth streak last year, slipping 0.2 percent from a year earlier as uncertainty over US tariff policies affected demand for durable goods, data released on Friday by the Ministry of Economic Affairs showed. Last year’s retail sales totaled NT$4.84 trillion (US$153.27 billion), down about NT$9.5 billion, or 0.2 percent, from 2024. Despite the decline, the figure was still the second-highest annual sales total on record. Ministry statistics department deputy head Chen Yu-fang (陳玉芳) said sales of cars, motorcycles and related products, which accounted for 17.4 percent of total retail rales last year, fell NT$68.1 billion, or
RSS