I l i b r i u m The new way to think entertainment production.
The Global Entertainment Production Industry
The global entertainment industry whose output for motion pictures exceeds 6,000 feature films and 100,000 hours of television programming annually is in mutation:
- 754 feature films produced in North America.
- Worlwide box office revenues are 1/3 in North America and 2/3 in the rest of the world where they are growing twice as fast.
- The visual effects (VFX) and 3D processes that are driving these films account for 60% of a feature films production budget.
- US television production industry revenue of over 30 Billion in 2010 from 4,800 enterprises employing more than 60,000 employees.
- By 2015, over 20 million homes globally will be watching 3D TV. (45% of those will be in the U.S.)
- 3D technology has also vastly improved as nearly every major studio has increased their production of 3D films because the technology has expanded the audience rather than cannibalizing it.
Ilibrium's Cinema Black Box Product
CBX optimizes workflow, lowers software and hardware expenditures and streamlines the communication and collaboration processes. When combined, these factors decrease the overall cost of production, thus increasing ROI for each motion picture or television production.
Ilibrium estimates a 3-5% savings in production costs, based on conservative figures that include allowances for the initial roll out, training and process optimization, which will return $3-5 million to the bottom line of an average North American feature film production.
CBX was created to support the advanced needs of blockbuster visual effects (VFX) heavy productions, by providing a conduit for the high volume of time critical data and communication flowing between the production and its visual effects vendors. With additional systems for managing internal production processes, assets, VFX production budgets, marketing schedules and studio reports, CBX will streamline the production process and create a cohesive, collaborative working environment.
CBX is a web based application. Clients license our service and access it from secure servers. This allows us to update, modify and customize CBX in real-time for all customers or one customer at a time.
Ilibrium combines the power of ERP automation software and cloud computing to offer the entertainment production industry: