Samsung Developing 3D While Tribeca Goes Online

Samsung Ventures has invested $15 million into Los Angeles-based MasterImage 3D, reports Los Angeles Times. MasterImage will use the funding to develop new 3-D technology for movie theaters, tablets, PCs, and mobile phones. The seven-year-old company employs 20 people in L.A. and will hire up to 50 workers for this project. The Times points out that this boost in employment will be benefit the Golden State's post-production sector, which in the last few years has had significant job losses.

On the other side of the coast, the Tribeca Film Festival launched Tribeca (Online) Film Festival yesterday, according to the Wrap. The initiative will stream six feature films, two of which will have their world premieres at TFF, and 18 short films, four of which are also world premiers. TFF will give each film three to five 24-hour online screening windows. Starting April 18, the general public may reserve "seats" to view each film during these periods using a digital reservation system. Online viewers may then vote for the Best Tribeca Online Feature Film and Best Tribeca Online Short Film. 

TFF will also digitally stream festival events and press conferences. Viewers will have the chance to send queries to film and new media experts, such as Brian Williams, Zach Braff, and Whoopi Goldberg. Community members will select the top questions to be posed.  The online project gives films in the festival a potentially larger audience. The 10th Annual Tribeca Film Festival will occur from April 20 to May 1 in lower Manhattan.