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John Textor’s Rise Up The Corporate Ladder

California-based businessman, John Textor has enjoyed a precipitous rise to the top of the corporate structure. Textor, who graduated from Wesleyan University in 1987 with a Bachelor of Arts degree in Economics, began his ascension through the business world in 1997 upon being named Managing Partner of the private equity firm, Wyndcrest Holdings. At the Florida-based establishment, Textor focused on entertainment business, telecommunications and social media. Following his stint at Wyndcrest, Textor, from 2002 until early 2006, held various executive level positions at entities that included Baby Universe, Sims Snowboards and the Michael Swerdlow Companies. Textor also served as Founding Director of Lydian Trust Company/Virtualbank.com.

In 2006, Textor entered the field of Visual Effects, an industry he would transform and enjoy his greatest successes. It was May of that year when Textor became Chief Executive Officer (CEO) of Digital Domain Productions and Digital Media Group, a company which creates computer-generated images appearing on television and in the movies.

While at the helm of Digital Domain, Textor oversaw the visual effects projects of twenty-five films, including the blockbuster Transformers and other well-known movies, like Tron Legacy, Flags Of Our Fathers, Real Steel and Pirates Of The Caribbean: World’s End. Textor’s stewardship also saw Digital Domain earn the reputation as being a market leader in the visual effects realm. The company was bestowed numerous prestigious honors, such as the CLIO Award for achievement in advertising, in addition to Academy Awards (Oscars) for accomplishment in motion pictures. The most notable merit occurred in 2009 when the work of Textor’s company on the movie, The Curious Case Of Benjamin Button, earned an Oscar for Best Visual Effects. Textor and his employees were credited with creating the first computer-generated actor to come across as an actual human being.

Textor has also met with success as a producer, first in feature films like Ender’s Game and Art Story, but also in musical productions. His visual creations of Tupac Shakur and Elvis Presley highlighted the 2012 Coachella Music Festival. Textor also received high praise for engineering a computer-generated version of Michael Jackson, which performed at the 2014 Billboard Music Awards. Now Executive Chairman at Pulse, Textor has his sights set on bringing more deceased performers to life and is currently in discussion with several estates.

The Avengers Experience An Amazing Friday in May

The Friday results for Avengers: Age of Ultron are stunning. Sure, once the weekend is all added up people won’t look at just the Friday number. Film historians and, most certainly, studio executives are not going to look past the $84 million the sequel earned in a single day. Or should we say a half of a day? Most people work on Fridays and May 1 did not start a three day weekend. Market Wired as well as Paul Mathieson believe that those dollar figures were probably earned from 5 PM to midnight.

Obviously, Avengers: Age of Ultron is on track to being one of the most successful films in history. That feat probably will be topped by Avengers: Infinity War in two years. Maybe Captain America: Civil War will top them both.

What is it about The Avengers and so many other hero films that make them such massive hits? A film movement can become a cultural phenomenon and capture the pulse of a generation. Seeing how this occurs usually have to be looked at through the lens of history.

For whatever reason, escapist, epic fare is what people want these days. Maybe some older audience members want to relive their youthful days of reading classic comic books. Younger fans could be enthralled at experiencing the wonder of heroes for the first time. The big screen provides the platform for them.

Likely, many reasons will be given when the genre runs its course. Granted, that won’t happen for many years from now. These films are hot.

Fast and the Furious 7 Wins Box Office

There is something about a movie that opens with a member of the cast that no longer is living that brings movie goes to the theaters in the masses. The Dark Knight saw this kind of a response after Heath Ledger died, and the movie remained at the top of the box office charts for months on its way to becoming one of the most successful movies of all time. Boraie Development suggested that granted, it was a very well done and solid movie, but the ability to see one of the last major rolls of an actor also adds to the desire to see a movie, often multiple times. The same recently happened with the release of Furious 7.
Furious 7 took home a record $143 million. This is by far the largest amount of money ever brought in for an opening April picture (most movies that are not seen as huge summer blockbusters are pushed into this time frame). It is also the largest opening so far of the year, squashing the $85 million brought in by the first weekend of Fifty Shades of Grey (both films are produced by Universal, so needless to say this studio is having a good year so far). On top of this, the international markets actually outpaced the film, which usually doesn’t happen, as it brought in an additional $240 million from those box offices as well, pushing its total to almost $400 million.