DreamVision Re-Defines The Global Family Entertainment Market
(NEW YORK) May 20, 2012 National Business Breaking News
In the global sphere of the highly lucrative family entertainment marketplace, it appears that a shift in power is imminent. Tauting one of the most powerful teams within the family entertainment realm, The DreamVision Company has captured the attention of industry experts as the studio announced its decision to locate their global motion picture, television and theatrical studio center in Fort Worth, Texas including the DreamVision Animation production and development studios. With the further news confirmed this week by DreamVision CEO/Chairman Rick Silanskas regarding the development of a ground breaking theme park resort destination planned for Texas and also current development in several international locations, DreamVision is now being considered a serious force that is destined to completely re-define the present family entertainment landscape.
The "Dream Team" as it is now being called, is being led by the former Disney Executive Vice-President of Entertainment Worldwide and founder and first President of Disney Theatrical (Beauty and The Beast, etc), Mr. Ron Logan.
Mr. Logan, who was inducted as a Disney Legend in 2007, brings with him his entire team of classic Disney production and management talent in conjunction with the internationally award winning DreamVision proprietary emotionally driven CGI animation technical methodology.
From historical perspectives, DreamVision has appeared to fill a void that the global consumer market has been seeking for sometime. The interesting and probably most powerful element is the fact that DV encompasses the entire corporate structure to enhance the family market inclusive of award winning production, carefully structured distribution and syndication, global marketing and public relations and a team that cannot be duplicated. Further news is expected within the next several weeks according to corporate representatives.
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Sunday, May 20, 2012
Apple Samsung Net News
Apple, Samsung CEOs set for U.S. court talks
SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal courthouse on Monday.
Apple's Tim Cook and Samsung's Choi Gee-sung, whose companies are embroiled in bitter patent litigation, have been instructed by a federal judge to appear for court-supervised mediation. A joint court filing in April said that "as directed by the Court, Apple and Samsung are both willing to participate" in the discussions. In other words, it was not exactly their idea.
Courts across the United States are increasingly demanding that parties in civil disputes take a stab at mediation, and the federal courts in northern California have been pioneers in pushing litigants toward various forms of alternative dispute resolution. Mediation has also become routine in big intellectual property cases. Last week, for example, a federal judge in Delaware ordered mediation in a patent dispute between Apple and Taiwan phone maker HTC Corp.
In a some cases, though, courts have taken the effort to a new level: hauling in the CEOs of big companies to try to work things out directly. It is the corporate equivalent of therapy, only in this case, the participants each get to bring along a team of lawyers.Since lawyers can often get emotional in the heat of litigation and may grow to dislike each other, bringing a decision-maker from above the fray makes sense, said Wayne Brazil, a former U.S. magistrate who founded the federal court's alternative dispute resolution program in northern California.
Apple and Samsung are fierce rivals as the leading makers of high-end smartphones and the outcome of their legal battle could give the winner crucial advantages in the marketplace. Apple has accused Samsung of "slavishly" copying the iPhone and iPad through products that run on Google's Android operating system, and Samsung has countersued on claims that Apple infringed its patents.
The U.S. case, the most closely watched in the global patent war between the two companies, is set for trial at the end of July in San Jose, California. Each company denies the other's allegations of patent infringement.
On Sunday, a top Samsung executive in Seoul said the giant South Korean technology company still wanted to resolve differences with Apple in the legal dispute."There is still a big gap in the patent war with Apple but we still have several negotiation options including cross-licensing," Samsung mobile division chief JK Shin said before departing for the United States to accompany his boss to the mediation talks.
The two companies already have had at least one mediation session, according to court documents. However, it was unclear whether Cook and Choi attended. A Samsung representative declined to comment, and Apple representatives did not respond to inquiries.
COMPLEX RELATIONSHIP
This week's session, scheduled for two days, will take place in a federal courtroom 40 miles north of Silicon Valley, in San Francisco's seedy Tenderloin neighborhood. It will be up to U.S. Magistrate Judge Joseph Spero -- a bow-tie wearing extrovert with a reputation for handling complex cases -- to corral the CEOs and their lawyers toward a settlement.
It is possible that if Spero senses animosity between the two men, he may separate them, with the judge shuttling between both sides, said one lawyer who has participated in mediations with the magistrate. In that scenario, the lawyer said, one company may have to set up camp in a room usually used for jury deliberations, while the other could be in the judge's offices."You'll see each other when you're headed to the common bathroom, but that's about it," said the lawyer, who declined to be identified because of pending cases. Spero declined to comment on the mediation.
The relationship between the two companies is complex: While Samsung's smartphones and tablets run on Android and compete with Apple's products, Samsung is also a key components supplier to Apple.
Cook became Apple CEO last year as company co-founder Steve Jobs wrestled with a terminal illness. Jobs told his biographer he intended to go "thermonuclear" on Android, but it is unclear whether Cook shares the same degree of emotion. Choi became Samsung's leader in 2010.
If Spero senses a rapport between the two men, he may opt to have them spend more time talking face to face.
Still, a CEO mediation session may only go so far. Last year, Oracle's Larry Ellison and Google's Larry Page undertook mediation in their high-stakes intellectual property fight over Android, but no settlement was reached and a trial in the case is entering its sixth week.
"I can't imagine that the heads of a major enterprise of that kind would take any more seriously a decision of that magnitude, simply because they are in the room together," said Vaughn Walker, a former northern California federal judge who now works as a mediator.
The case in U.S. District Court, Northern District of California is Apple Inc v. Samsung Electronics Co Ltd et al, 11-1846.
Facebook Could Fall
(Reuters) - Shares in social media company Facebook Inc could fall below the initial public offering price of $38, Barron's wrote in its May 21 edition.
Facebook saw its shares rise a scant 0.6 percent to $38.23 on Friday in the first day of trading.
The stock stayed above the $38 IPO price, supported in the market by the deal's underwriters. But Barron's said the "big question" this week will be whether they continue to do so.
Its shares still look overpriced compared with rivals such as Google Inc , and all the more so given Facebook's challenges in drawing revenue from mobile device users, the financial weekly wrote.
Facebook's shares also face the prospect of pressure from heavy sales of stock between now and the end of 2012 if early and inside investors get rid of shares ahead of a potential rise in capital gains taxes, according to Barron's.
Obama Economics
CAMP DAVID, Md. (AP) — Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the European continent and put investors worldwide on edge.
"There's now an emerging consensus that more must be done to promote growth and job creation right now," Obama proclaimed after hosting unprecedented economic talks at Camp David, his secluded and highly secure mountaintop retreat. Seeking a second term amid hard economic times, Obama hailed a debate heading in the direction he likes, with nations now talking of ways to spark their economies instead of just slashing spending.
Yet there were no bold prescriptions at hand. Instead, leaders seemed intent on trying to inspire confidence by agreeing on a broad strategy no matter their differences. With all of them facing their own difficult political realities, they built some sovereign wiggle room into their pledge to take all necessary steps, saying "the right measures are not the same for each of us."
Obama played international host as Europe's debt crisis threatens to drag down the U.S. recovery and his own political future, underscoring the stakes for him in getting allies abroad to rally around some answers.
Much of the new emphasis on government-led growth seemed aimed at German Chancellor Angela Merkel, who came to the summit as the European leader who had demanded austerity as the most important step toward easing the eurozone's debt crisis. But the election of Socialist Francois Hollande as president of France, and Greek elections that created political chaos in the country were clear rejections of the belt-tightening Merkel represented.
Hollande, a new voice at the table in just his first week on the job, offered Obama a reminder of his own responsibilities to work to expand the economy, "even if he's in an electoral period and who has a Congress that's not necessarily easy to deal with."
Coping with shaky oil markets, the leaders set the stage for a united release of world oil reserves to balance any disruption in world markets when tough new sanctions are imposed on Iran's exports because of its disputed nuclear program. The leaders said they were ready to take "appropriate action" to meet any shortages.
The mere preparation to release oil reserves could help calm markets and ensure that oil prices, which have been dropping, don't climb again and anger consumers as U.S. elections approach.
The Group of Eight summit includes leaders of the United States, Japan, Britain, Germany, France, Italy, Canada and Russia.
China State Run Business
China state-run businesses to invest 350 billion yuan in Chongqing
BEJING (Reuters) - Thirty of China's biggest state-owned businesses have signed contracts worth about 350 billion yuan ($55.3 billion) with the southwestern municipality Chongqing, Chinese media reported on Sunday, in a sign of Beijing's determination to bolster confidence in the city formerly run by ousted leader Bo Xilai.
Since the fall of the once high-flying Chinese official, media reports and some investors have questioned whether Chongqing's debt-laden economy is also headed for trouble. A senior government official led a delegation of state-owned enterprise heads, including those from Sinopec Group, China National Petroleum Corp. and China Mobile <0941.HK>, to the city last week, The Economic Observer reported on Sunday.
"The central enterprises should firmly grasp new development opportunities in Chongqing," the newspaper quoted Wang Yong, the head of the State-owned Assets Supervision and Administration Commission, as saying. "Central enterprises" are the businesses directly managed by Beijing.
The companies signed agreements for a total of 72 projects, the paper reported. The article provided no details on the individual investments. Bo's removal as Chongqing's Communist Party boss in March, amid police suspicions that his wife had murdered an expatriate British businessman last year, has triggered a party review of his leadership, including Chongqing's financial affairs.
That, plus fears of a purge of Bo's business allies, have created concerns over the debt accumulated by the vast municipality of some 30 million people.
Chongqing, China's biggest municipality, has approached Hong Kong investors with the aim of selling distressed property assets and bolstering its finances, Reuters reported earlier this month.
China Development Bank, a policy bank that lends at Beijing's behest, signed a memorandum with Chongqing in May to provide more capital for roads and social housing.
JP Morgan Nat News
U.S. banking laws unable to stop JPMorgan loss: Republican Boehner
WASHINGTON (Reuters) - U.S. banking reforms could not have prevented JPMorgan Chase & Co's trading losses, and those involved in the activities that went awry should be held accountable, U.S. House of Representatives Speaker John Boehner said in an interview aired on Sunday.
"I don't believe there's anything in Dodd-Frank (financial reform law) that would've prevented this activity at JPMorgan," said Boehner, the top Republican U.S. officeholder. He made the comments Friday in an interview for ABC's "This Week."
Last week JPMorgan disclosed that it has suffered at least $2 billion in losses due to trades that went bad. The losses from derivatives trading could widen and have placed pressure on the bank to explain what happened as lawmakers and regulators tussle over rules for Dodd-Frank enacted two years ago."There's no law against stupidity. No law against stupid trades," said Boehner.
"And as long as depositors' money wasn't at risk and as long as there's no risk of a taxpayer bailout, they should be held accountable by the market and their shareholders," he said.
The 2010 Dodd-Frank financial oversight law was enacted in response to the financial crisis includes the Volcker rule, which bans banks from making speculative bets with company money. But it includes an exemption for trades done to hedge risk.
Since the Wall Street giant announced the $2 billion dollar snafu, Democrats have shown more unity and have said it underscores the need for tougher bank regulation. Congressional Republican lawmakers, many who voted against Dodd-Frank and have sought to repeal the law, have been more splintered in their response to JPMorgan's losses.
"There are big problems for this law, and it needs-- it needs some big changes," Boehner said, when asked if he maintains his position that Dodd-Frank should be repealed.
The Obama administration has avoided criticizing the bank, instead cautioning the losses highlight the need to protect taxpayers with tough financial regulation.
JPMorgan's losses have given regulators a renewed argument for tightening controls on big banks and has placed a focus on whether financial firms should be required to hold more capital to cushion possible losses.
Jamie Dimon, JPMorgan's chief executive officer, has been a critic of increased regulation. He has made a name for himself among Wall Street executives as JPMorgan has become the largest and most profitable U.S. bank.
Friday, April 13, 2012
Animation on Broadway
The Disney Legend Who Brought Animation To Broadway
"Lion King" Makes Broadway History
New York — As the Great White Way celebrates one of the most momentus achievements in theatrical history with the news that "Lion King" is now the highest grossing Broadway show ever, Disney Legend Ron Logan stands as the cornerstone who started it all. Box office figures show that "The Lion King" last week swiped the title of Broadway's all-time highest grossing show from "The Phantom of the Opera," The Associated Press has learned.
The cumulative gross for "The Lion King" is $853,846,062, according to the show's numbers. Its chandelier-swinging rival's cumulative total is $853,122,847, according to musical's publicist. The "Lion King" surged past "Phantom" after netting over $2 million at the box office for the week ending Sunday, while "Phantom" pulled in about $1.2 million.
What makes the achievement all the more remarkable is that "The Lion King" chased down and grabbed the title despite "Phantom" having almost a full 10 years' head start. The Disney show opened in November 1997, while "Phantom" debuted in January 1988.
Without the legendary efforts of Ron Logan, this milestone may have never happened. Logan was the former Executive Vice-President of Walt Disney Entertainment and the founder and first President of Disney Theatrical and now Mr. Logan holds the position of Chief Creative Officer of the acclaimed " DreamVision Company" which has taken the spotlight in recent months touting one of the most powerful teams within the family entertainment industry.
Growing up in Leavenworth, Kansas, Logan studied trumpet, violin, piano, and dance. He began performing professionally in the ninth grade and has performed as a trumpet player and singer on recordings, television, motion pictures, and with bands and lounge acts throughout the United States. He began his career with Disney in the 1960s as a trumpet player at Disneyland Park in Anaheim, California.
As executive vice president of Walt Disney Entertainment, Logan was responsible for creating, casting, and producing all entertainment products for The Walt Disney Company, including the Disneyland Resort, the Walt Disney World Resort, Tokyo Disney Resort, Disneyland Resort Paris, The Disney Institute, Disney Business Productions, Disney Cruise Line, Disney Entertainment Productions, and Walt Disney Entertainment Worldwide.
Logan also was executive vice president of the Walt Disney Special Events Group, executive vice president of Disney Special Programs, Incorporated and the founder and first president of Disney Theatrical Productions, which produced Beauty and the Beast on Broadway and later, around the world.
He authored Walt Disney Entertainment - A Retrospective Look, an internal publication that documents the evolution of Walt Disney Entertainment from 1955 through 2000.
Logan convinced Disney to embark upon Broadway in 1994 with "Beauty and The Beast" and the rest as they say is history. Logan took his team to New York and completely transformed 42nd street opening the door to a legacy of animation on Broadway that now has reached historical status. Beauty and the Beast is a musical with music by Alan Menken, lyrics by Howard Ashman and Tim Rice and a book by Linda Woolverton, based on the 1991 Disney film of the same name. Seven new songs were written for the stage musical. Beauty ran on Broadway for 5,464 performances between 1994 and 2007, becoming Broadway's eighth-longest running production in history.
Mr. Logan was inducted as a "Disney Legend" in 2007.
"Lion King" Makes Broadway History
New York — As the Great White Way celebrates one of the most momentus achievements in theatrical history with the news that "Lion King" is now the highest grossing Broadway show ever, Disney Legend Ron Logan stands as the cornerstone who started it all. Box office figures show that "The Lion King" last week swiped the title of Broadway's all-time highest grossing show from "The Phantom of the Opera," The Associated Press has learned.
The cumulative gross for "The Lion King" is $853,846,062, according to the show's numbers. Its chandelier-swinging rival's cumulative total is $853,122,847, according to musical's publicist. The "Lion King" surged past "Phantom" after netting over $2 million at the box office for the week ending Sunday, while "Phantom" pulled in about $1.2 million.
What makes the achievement all the more remarkable is that "The Lion King" chased down and grabbed the title despite "Phantom" having almost a full 10 years' head start. The Disney show opened in November 1997, while "Phantom" debuted in January 1988.
Without the legendary efforts of Ron Logan, this milestone may have never happened. Logan was the former Executive Vice-President of Walt Disney Entertainment and the founder and first President of Disney Theatrical and now Mr. Logan holds the position of Chief Creative Officer of the acclaimed " DreamVision Company" which has taken the spotlight in recent months touting one of the most powerful teams within the family entertainment industry.
Growing up in Leavenworth, Kansas, Logan studied trumpet, violin, piano, and dance. He began performing professionally in the ninth grade and has performed as a trumpet player and singer on recordings, television, motion pictures, and with bands and lounge acts throughout the United States. He began his career with Disney in the 1960s as a trumpet player at Disneyland Park in Anaheim, California.
As executive vice president of Walt Disney Entertainment, Logan was responsible for creating, casting, and producing all entertainment products for The Walt Disney Company, including the Disneyland Resort, the Walt Disney World Resort, Tokyo Disney Resort, Disneyland Resort Paris, The Disney Institute, Disney Business Productions, Disney Cruise Line, Disney Entertainment Productions, and Walt Disney Entertainment Worldwide.
Logan also was executive vice president of the Walt Disney Special Events Group, executive vice president of Disney Special Programs, Incorporated and the founder and first president of Disney Theatrical Productions, which produced Beauty and the Beast on Broadway and later, around the world.
He authored Walt Disney Entertainment - A Retrospective Look, an internal publication that documents the evolution of Walt Disney Entertainment from 1955 through 2000.
Logan convinced Disney to embark upon Broadway in 1994 with "Beauty and The Beast" and the rest as they say is history. Logan took his team to New York and completely transformed 42nd street opening the door to a legacy of animation on Broadway that now has reached historical status. Beauty and the Beast is a musical with music by Alan Menken, lyrics by Howard Ashman and Tim Rice and a book by Linda Woolverton, based on the 1991 Disney film of the same name. Seven new songs were written for the stage musical. Beauty ran on Broadway for 5,464 performances between 1994 and 2007, becoming Broadway's eighth-longest running production in history.
Mr. Logan was inducted as a "Disney Legend" in 2007.
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