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Can Online Video Sites Give Hollywood a Run for its Money?

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    Mandalay Entertainment Chairman Peter Guber on whether online video sites such as Vimeo can compete against the traditional Hollywood business model f...

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As for online video site video is hosting a film festival this week for online -- and some rebel filmmakers are hoping that video.

All these other webcast sites are soon going to be giving Hollywood a real run for their money.

Veteran Hollywood producer Peter -- has been watching this development very closely and he joins us now appears the chairman of Mandalay entertainment.

And of course a new part owner of the Los Angeles Dodgers about which little more later.

Peter good to see -- thanks for coming in so.

Our is is this trend in anyway a threat -- Hollywood.

-- you have to look at where it is it's on line that is the big mama I mean that's.

That's gonna affect all of our lives and all the creativity and all the people -- making product.

For any type of visual media so you have to say they've got a big garden table but right now if you wanna eat it's not -- show -- just calls show.

There's no money really coming out of that and the best talent in the world cannot afford to make product directly for that.

But that venue really effectively certainly can't.

Door and leave the F theatrical business -- television ms.

fine but remember the iPhone is only five years old Lauren what's changed.

So the rate of change is gonna tell us that maybe someday soon they will be brought it may distributed exhibited that way that overcomes the normal Hollywood -- to -- Look at what's happened look -- -- -- books I mean you have all the I was self publishing stuff going on on the web.

People are arguing their own distribution by putting it up on a web themselves and that's really the key is distribution Hollywood has has control distribution of film in this country.

Almost like monopoly swerve were for decades now for almost since the beginning of film.

This as a chance are breaking that monopoly does -- not.

We'll have a chance of it and it may well sort you know the that you -- -- know -- and yet you break them at your peril today.

Which you look at when you really conceived -- it is that more we had given the music and given the -- Both of them are more solitary experience has a much less expensive to make.

To make.

With the best talent a movie today is millions and millions and millions of dollars so how to get a return on investment you wanna call in show business not show show.

So you have to really look at the places where the money -- the money lives in that.

Traditional the marketplace right now and so talent the best and the brightest this -- is resource the food chain talent has -- play where the money yes.

All right well I gotta ask you one more question about this time the switching to sports the LA Dodgers you guys who bought the LA Dodgers are out to really change its image.

Which is slept quite frankly -- past couple years what's your first priority there how are you trying to do that.

What you have to recognize that your fans your audience of the most important element and you have to provide three things a winning.

A winning the on field experience and -- team has to be better be competitive.

And be alive and the second thing is you have to recognize those they are most important Bieber your fans the people what comes up all bucked the people turn in on television you have to get.

Robust experience you -- venerate them you must connect with them they must be -- and you must not -- for their wallet you must -- they are.

-- -- working here have you seen a turnaround in sales.

Absolutely we -- now on every one of the metrics -- -- Attendance will be seen in just in -- we seen inches of the season tickets BC merchandise in the -- in the paper and the general community has embraced that now you look at the team the team -- the number one demon baseball and in terms of win loss record right now.

And so you really have to -- itself the combination of on field.

And a recognition that we owe a debt to the fans that we have to pay and continue to paying -- in order them to -- act on that if we bring that aptitude.

Action that attitude that that aptitude I think will be success.

Attitudes after two way you -- the kings have meanwhile gonna gonna kick them the butt of the -- it looks like release they've been doing it so far.

And -- -- Dodgers LA out -- LA has an incredible sports history now Peter government got to leave it at that great to see in my friend have a -- weekend.

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