The American Society of Cinematographers (ASC) has announced the 2023 Student Heritage Awards winners. These three student filmmakers were chosen for demonstrating exceptional cinematography skills in their submitted work:
- The Owen Roizman Student Heritage Award (Graduate Category) was given to Hannah Platzer from the American Film Institute for “Im Finstern.”
- The George Spiro Dibie Heritage Award (Undergraduate Category) was presented to Thomas Bolles of Loyola Marymount University for “Drawn into Darkness.”
- The Haskell Wexler Documentary Award to Matthew Cheung from Loyola Marymount for “Balancing Act.”
The awards ceremony, sponsored by Sony, was held at the ASC Clubhouse in Hollywood, Calif.. ASC president Shelly Johnson introduced Student Awards co-chairs Crag Kief and Armando Salas who presented the winners with their awards.
The Student Heritage awards are just one of many educational programs offered by the organization to support a new generation of talent in the early stages of their filmmaking careers.
To be considered, a student’s undergraduate, graduate or documentary project is submitted and judged by an ASC blue-ribbon panel for demonstrating exceptional cinematographic skill.
Many of those recognized by the ASC Student Heritage Award program since it was inaugurated in 1999 have gone on to have successful careers in filmmaking, including the Student Awards Committee co-chairs Kief and Salas, alongside other ASC members Matthew Clark, Nelson Cragg, Masanobu Takayanagi and Lisa Wiegand.
Netflix’s subscriber growth is slowing, but its profit and stock price are still surging
Netflix on Thursday reported that its subscriber growth slowed dramatically during the summer, a sign the huge gains from the video-streaming service's crackdown on freeloading viewers is tapering off.
The 5.1 million subscribers that Netflix added during the July-September period represented a 42% decline from the total gained during the same time last year.
Even so, the company's revenue and profit rose at a faster pace than analysts had projected, according to FactSet Research.
Netflix ended September with 282.7 million worldwide subscribers – far more than any other streaming service.
The Los Gatos, California, company earned $2.36 billion, or $5.40 per share, a 41% increase from the same time last year. Revenue climbed 15% from a year ago to $9.82 billion. Netflix management predicted the company's revenue will rise at the same 15% year-over-year pace during the October-December period, slightly than better than analysts have been expecting.
The strong financial performance in the past quarter coupled with the upbeat forecast eclipsed any worries about slowing subscriber growth. Netflix's stock price surged nearly 4% in extended trading after the numbers came out, building upon a more than 40% increase in the company's shares so far this year.
"We had a plan to reaccelerate growth and we delivered on that plan," Netflix co-CEO Ted Sarandos said during a video call discussing the results.
The past quarter's subscriber gains were the lowest posted in any three-month period since the beginning of last year. That drop-off indicates Netflix is shifting to a new phase after reaping the benefits from a ban on the once-rampant practice of sharing account passwords that enabled an estimated 100 million people watch... Read More