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.
INCOMING FIX: While a date for updates has not been given, Apple said that the latest overheating incidents might be the result of apps and account data transfers Apple Inc on Saturday said that recent claims of new iPhones getting too hot to the touch are due to software and app-related bugs, and that fixes are coming soon. The company said the device can get warm in the first few days as it works overtime to get set up and restore a user’s data, due to a bug in the latest iOS 17 software, and because of some third-party apps overloading the system. Apple told Bloomberg it is working with developers behind the apps causing the iPhone to overheat and that fixes are in the process of being released.
MODERATING: A Caixin Insight analyst said China’s macroeconomy is recovering, albeit at a slow pace, but private businesses and exporters are still under pressure A private gauge of China’s manufacturing activity slowed its pace of expansion last month, suggesting there is still room for caution as the nation charts its economic trajectory for the rest of the year. The Caixin manufacturing purchasing managers’ index (PMI) was 50.6 last month, Caixin and S&P Global said in a statement yesterday — dipping closer to the 50 line, below which indicates contraction from the month before. Caixin’s services index was 50.2 for the month, still in expansion but also suggesting that the pace of growth in activity is losing momentum. The figures show a slightly precarious recovery even
US-based tech giant Google said yesterday that its efforts to build four underseas cables to connect Taiwan with the world had created more than 64,000 jobs and generated about US$26 billion in GDP for Taiwan as of 2021. The US company has transformed Taiwan into a strategic cloud infrastructure hub in the world. The four undersea cables are part of the company’s investments in cloud infrastructure in Taiwan, and on the back of the undersea cables, a data center and a Google Cloud Region, which is a geographic area in which Google provides infrastructure and services for deploying applications, Google said in
Micron Technology Inc on Wednesday predicted a steeper loss than anticipated in the current quarter, indicating that an industry slump is still weighing on the largest US maker of memory chips. The company projected a fiscal first-quarter loss of as much as US$1.14 a share, excluding some items. Analysts had estimated a US$0.96 loss. On the bright side, revenue is expected to start recovering in the period. Micron predicted sales of US$4.2 billion to US$4.6 billion, compared with an estimate of US$4.21 billion. For Micron and competitors Samsung Electronics Co and SK Hynix Inc, this year has been brutal. Customers in their
RSS