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Entertainment
Life is a stage and we are its players. As Oscar Wilde once said, “Most
people are other people. Their thoughts are someone else's opinions, their
lives a mimicry, their passions a quotation.” Entertainment is meant to
transport us into a land of fantasy where role-playing replaces our own
reality. Movies and plays convey us from the everyday drudgery of our own
lives and for several short hours make us believe that we are no longer who
we really are. As an economy we are paying billions dollars for this
drugless hallucination.
This teleportation from our lives has become an enormous industry, and those
that can make us believe that we have been truly elevated into another and
finer dimension for even the shortest of time are akin to great painters or
practiced surgeons, performing their art with infinite precision. However,
behind every actor there are gifted writers, talented choreographers,
trained cosmeticians and world class cinematographers along with the actual
practiced performers to help us leave this arena and transport us into the
world of illusion for even the shortest excursion.
In this country we are spending almost 10 hours per adult day in the and 68
hours per week, being entertained by others, be it by becoming immersed in
television, listening to the radio, fiddling with Internet, reading the
newspaper or watching movies. Obviously the amount being spent on these
pursuits has risen dramatically as the middle class has become more
economically comfortable.
Obviously the entertainment industry plays a very important role in the
lives of almost all of us no matter which walk of life and what education
level we have attained. Principals of Chapman Spira and Carson LLC being
cognizant of the vital importance of this industry during one period of time
had invested in or arranged financing for, six of the top ten grossing
movies in American history. Moreover, we are continuously reviewing the
investments in Broadway plays, new television concepts or stations, along
with radio and other media including emerging sports such as Lacrosse,
rowing, gymnastics and others. While entertainment media’s demographics
continue to shift radically at a more prodigious rate than anytime in
history due to the enormous impact of high-speed internet, we are constantly
monitoring the shifting economic effect on all phases of the ever evolving
media industry.
With innovations such as pay to play radio, the Googalization of our culture
and the re-allocation of marketing dollars away from historically
predictable facets of the entertainment industry, the economic migration is
a geometrically escalating phenomena. Chapman stands ready to assist our
clientele in evaluating investment opportunities in emerging media and will
assist in financing projects that we believe are top-of-the-line.
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