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Equipping Hollywood.


New Media Hollywood keeps post-production companies on the cutting edge with the latest in computer technology

For seven years, Chris Speer worked out of a spare bedroom crammed cram  
v. crammed, cram·ming, crams

v.tr.
1. To force, press, or squeeze into an insufficient space; stuff.

2. To fill too tightly.

3.
a. To gorge with food.
 with memory chips and mother boards.

When an order came into his fledgling computer company - New Media Hollywood - he'd request an advance payment to purchase the equipment needed to complete the order. He didn't even pay himself a salary in some of those early, lean years.

"I never had a crispy crisp·y  
adj. crisp·i·er, crisp·i·est
1. Firm but easily broken or crumbled; crisp.

2. Having small curls, waves, or ripples.
 financial plan," said Speer. "There was a time where I could have taken a salary and rented a $2,000-a-month apartment, but it was never about that for me. All I cared about was taking care of my customers and making this company grow."

And grow it did.

Speer's 12-year-old firm was one of the first in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  to provide production and post-production companies with high-tech computer equipment used for desktop editing of video and audio programming. His first clients included George Harrison's Handmade hand·made  
adj.
Made or prepared by hand rather than by machine.


handmade
Adjective

made by hand, not by machine

Adj. 1.
 Films and Ron Howard's Imagine Films.

Speer then went on to capture business from Los Angeles' major broadcast networks, most film studios and scores of independent production companies. Among his clients are Warner Bros BROS Brothers
BROS Benefits and Retirement Operations Section (King County, Washington)
BROS Barnes and Richmond Operatic Society (London, UK) 
., Sony Pictures Entertainment, Capitol Records Capitol Records is a major United States-based record label, owned by EMI, located in Hollywood, California. Its headquarters building, the Capitol Tower, is a major landmark near the corner of Hollywood and Vine. , Spelling Entertainment and Universal Studios Inc.

"We're doing custom solutions for our clients, changing the way people work with technology," said Speer. "We're making it possible for production people to do their work easier. and faster."

The company posted revenues of $13.5 million in 1996, up from $3.5 million just five years ago.

Recognizing the potential of computers as creative tools, Speer made an early entry into desktop video, multimedia and computer editing. His company was among the first to sell the Video Toaster An innovative video production and editing system for Windows from NewTek, Inc., San Antonio, TX (www.newtek.com). Known officially as the VT Series, Video Toaster was introduced in 1990 for the Amiga computer. , which produces graphics commonly used in television and motion pictures.

Four years ago, New Media Hollywood moved out of Speer's apartment and into a 10,000-square-foot facility in Hollywood. There, the company's 35 employees hold training seminars, and rent out an array of editing bays to production companies.

Since founding his company, Speer has pioneered other new technologies, including AVID non-linear editing systems
"NLE" redirects here. For the standardized test, see National Latin Examination.


A non-linear editing system (NLE) is a video editing (NLVE) or audio editing (NLAE) system which can perform random access on the source material.
, Digidesign digital audio workstations A digital audio workstation (DAW) is a system designed to record, edit and play back digital audio. A key feature of DAWs is the ability to freely manipulate recorded sounds, much like a word processor manipulates typed words.  and DayStar multi-processor products.

"We (must) keep up with technology, because everything is always based on how efficiently and quickly something can be done," said Blaine Williams, a post-production supervisor at Greystone Communications, which produces television documentaries for cable networks. "We deal with New Media because they are good, and offer us quality services. They give very good tech support and can help us out at any hour we need it."

These systems cost anywhere from $4,000 to $60,000; New Media Hollywood also rents them out for between $600 and $8,000 per month. The company also provides financing, if needed, or helps its customers secure financing.

Speer said some of his best clients are small production companies that perform contract work for major studios.

"They are the ones really on the cutting edge," he said. "So, I watch out for them - and they are producing for some of the hottest people in Hollywood."

He attributes his company's growth to staying on top of the newest technologies. To survive in that market, he said, businesses that depend on technology must be constantly looking towards the future.

In addition, Speer said he depends heavily on word-of-mouth referrals.

"Technology changes really fast in this industry, so our job is to identify the video and audio that will be used tomorrow and begin testing them out today," he said. "Our growth depends on word-of-mouth and just doing a good job."

Keeping abreast of the latest post-production innovations is exactly what a small company like Table Rock Productions of Studio City needs, said owner John Williams This biographical article or section needs additional references for verification.
Please help [ to improve this article] by adding additional sources.
Unverifiable material about living persons must be removed immediately, especially if potentially libelous or harmful.
. The company used to spend its much as $800 an hour to have some of its production work completed by outside vendors, he said.

Now, Table Rock saves money and time by renting equipment from New Media Hollywood and using it to perform all its editing work in-house In-house

In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm.
, he said. The company is using New Media equipment to produce video promotions for a new theme park being built in Florida by Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966)
Disney, Walter Elias Disney
 Co.

"You can't just walk into a computer store and find anyone who is knowlegeable about what our needs are they aren't going to know about video editing See nonlinear video editing and video editor. ," said Williams. "New Media is always on the cutting edge ... and because of them, we were able to bring things in-house. That lets us push the buttons ourselves. instead of having someone else do it for a lot more money."

Spotlight Spotlight can refer to at least three types of lighting:
  • a searchlight;
  • stage lighting used in theatre to focus an audience's attention on a performer or event, known as a Followspot;
 

New Media Hollywood Inc.

Year founded: 1984

Core business: Selling and servicing computer hardware and software to the entertainment industry.

Employees in 1991: 11

Employees in 1997: 35

Revenues in 1991: $1.5 million

Revenues in 1996: $13.5 million

Top executive: Chris Speer, owner and chief executive officer

Goal: To provide outstanding service and after-sale support to production companies and other entertainment-related customers.

Driving force: The entertainment industry's strong and growing demand for emerging desktop computer technologies, including digital video, audio, multimedia and film production tools.
COPYRIGHT 1997 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:New Media Hollywood Inc.
Author:Bruno, Joe Bel
Publication:Los Angeles Business Journal
Date:Mar 3, 1997
Words:849
Previous Article:Disney's go-go growth days may be going, going, gone. (Walt Disney Co.)(includes related article on ESPN theme stores)
Next Article:Most of L.A.'s big women-owed businesses see their revenues grow.
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