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Encyclopedia > Netribution

Netribution [1] - a Portmanteau of net and distribution - was launched in 1999 as a free resource and magazine for European filmmakers and went on to become one of the largest and most popular free film industry services up until its closure in 2002 [2]. Look up Portmanteau in Wiktionary, the free dictionary. ... Films are produced by recording actual people and objects with cameras, or by creating them using animation techniques and/or special effects. ...


Founded by students at University of Westminster, Tom Fogg and Nicol Wistreich, and initially Wendy Bevan Mogg, Netribution was run by people who 'knew nothing about the internet, the film industry, magazines or running a business'. Nevertheless, and inspite of some of the worst luck to befall a start up and with no external investment, UK film industry support or advertising revenues, it grew to become the only magazine covering the Europe independent film industry in any depth. Marylebone campus The University of Westminster is a British university in London, formed in 1992 as a result of the Further and Higher Education Act, 1992, which allowed the London Polytechnic (Polytechnic of Central London or PCL ) to rename itself as a university. ...


Under Netribution in May 2001, Wistreich wrote the first widely published industry report on Digital Asset Management, a 175-page consultancy and overview to the convergent multi-platform rich media marketplace, for Informa Media Group. Fogg and Wistreich together also wrote in 2000 the first major review of auction, art and antiques websites in a report paid for by the Art and Antiques Trade Gazette, eBay and Sothebys.com [3] and were involved in running the now infamous last year of the London Screenings in 2001. Digital asset management (DAM) refers to the practice and domain of organizing digital files, like images, documents and presentations. ... An auctioneer and her assistants scan the crowd for bidders An auction is the process of buying and selling things by offering them up for bid, taking bids, and then selling the item to the highest bidder. ... eBay Inc. ...


An unlucky history

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While much is written of the people who drop out of university to found a start-up only to retire as millionaires at thirty, Netribution is one of the lesser known failure stories. Issue One covered the news that AOL and Time Warner were merging at the peak of the stock market boom. Two weeks after promises of millions in venture capital were offered as backing and Wistreich and Fogg quit university to focus on the project full time, the dotcom crash began. Not put off, the pair continued living off credit cards for the next year, while courting, and being courted by all manner of venture capitalists, from Gorilla Park to Enron Broadband Services. Eventually Paris Based FilmFestivals.com [[4]] came to the group's rescue, providing enough money for a London office and expenses for travel to film festivals. Shortly after filmfestivals.com ran out of money, Netribution began to produce films for DKTV, ironically making films to finance the website - the opposite situation to the founder's reason for setting up the site in the first place. When DKTV ran out of money, the UK Film Council failed to follow through on earlier offers of support - not even replying to a letter from Netribution's founders accompanied with over 100 letters of support from readers and industry leaders, and the site closed. [5] Image File history File links Stop_hand. ... America Online, or AOL for short, is a U.S.-based online service provider and Internet service provider that is owned by Time Warner. ... Time Warner Inc. ... Venture capital is a general term to describe financing for startup and early stage businesses as well as businesses in turn around situations. ... Enron Corporation Enron Corporation is an energy trading and communications company based in Houston, Texas that employed around 21,000 people in mid-2001 (before bankruptcy). ... The UK Film Council (UKFC) is a government-facilitated group set up with intention of promoting the UK’s film industry. ...


Now operated through the loose collective 0.1 [6], also behind the Vingle project, Netribution close to launching a version 2.0 site [7]. A vingle is a portmanteau of video and single. ...


 
 

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