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Digital distribution - a new world order'

We are in the post-major studio and pre-internet era,' says Ira Deutchman, founder and CEO of New York-based Emerging Pictures. The supposed starting point and destination in his assertion are of course highly debatable. But there is now a clear consensus that this is an industry in transition. And as ever in a period of business change, it is much easier to see the holes in the ancient regime than the opportunities for the future.

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