Hollywood’s High-Tech Transformation

The typical Hollywood movie studio is looking more like a high-tech company than a traditional movie maker these days. “Hollywood companies will spend roughly $500 million on data storage in 2003, and expenditures will increase about 70 percent each year. By 2006, the annual storage needs of film studios, video and television production companies, and distribution outfits will reach 740 petabytes, or 740 million gigabytes. These trends are forcing spending on information technology tremendously up,”