Friday 26 February 2010

Goodbye Big O

I'm soooooo glad those O games are over. Really, I've never been a fan of any sports that make you wet and cold. Even watching them was too much to bear especially when the heat conked out about a week ago. (ed. you have to pay the oil bill every time they deliver oil. That's the law!)

Tonight my editor is Lunchmeat Harold (ed. Howdy!)

I've had criticism that my blog is too wordy, goes on and on, and takes forever to get to the point (ed. Irony. Got it. Move on.)

My blog last time, or maybe the time before (ed. Don't know. Don't read them) expressed concern about a rumour that the tax credit for film and television in Nova Scotia was going the way of fiscal restraint by politicians in this province (ed. Nice foreshadowing).

But from what I understand from Lenore Zann, the gov't was looking at money spent on TV and Film but not the tax credit. And Percy Paris just came back from the Berlin Film Festival (ed. Now which Nova Scotia film was playing there?) so I'm sure he's now been indoctrinated (ed. "he now appreciates" might be a better) how the industry works in this province. Nothing like a German Goody Basket to appreciate the possibilities (ed. and if I remember my school trip to West Berlin all those years ago, there really is nothing like a German Goodie).

So that's better. Now about those greedy N.S. politicians who've been in the news over the last month, just using taxpayer dollars for their own personal -(ed. okay stop there. We're all tired of hearing about them.)

Okay. Back to the TV and film business.

The CTF results are finalized for the year, and although I'm dismayed by the dirth of NS productions in receipt of dollars, at least they did go to the right ones.

(ed. Note: the writer owns 1000 shares of DHX Inc.)

This Hour welcomed $2,181,503 in CTF money. (ed. They must have produced 40 - 50 episodes with that.)

And I really have to mention my concern here for DHX. I've copied the following and I'm about to paste it below but I need a moment. (ed. you know this isn't in real time and no one will be pausing here?)

"DHX revenues (are) down 56% in the last quarter"

And again. (ed. breathe)

DHX "Distribution revenues to be flat"

And...no, I can't - (ed. I will)

"Net loss of $209,000." (ed. How can you lose money when you don't use your own?)

Okay, okay but let's not panic. Despite this, the company is in solid shape, okay. Although they haven't done much producing lately (ed. Damn you Osama Bin Laden!), the company is fiscally flush. There are millions and millions of dollars owed to the company, 69% of it owed by the gov't, and you know they're good for it. (ed. we know where you live.)

So although CFO (Sharkey) Dana Landry (ed. $223K per) addressed analysts (ed. have you ever seen an undressed analyst?) "Based on history, that's how we're judging our optimism to get back to those levels and even larger amounts".

Um, I think I feel better. (ed. It makes perfect sense. We made money before, and we'll do what we did then with all those parameters and circumstances exactly the same and we'll make money again. Trussssstttt in meeeeee. Whoa, I feel woozy.)

But I worry when Allnovascotia reports that "Michael Donovan spoke with Measured Reticence" (ed. Why, because he's such an upbeat life of the party?)

But then Dana Landry reported there was a "deal with U.S. Broadcaster for Animal Mechanicals which is the "Magic Bullet" for DHX successful in the U.K. and Latin America" (ed. translated into Latin?). "Licensing is where the money is (ed. I still have my original Scooby Doo pajamas though they're a bit snug now)".

But enough for that. I still struggle with the decision to keep my shares or sell them. I'd feel like such a traitor if I sold them to feed my heinous keeping warm and eating monkeys on my back. Damn you heinous keeping warm and eating monkeys on my back.

In other news: Phil Phitz with Jason Priestly (ed. Not a real priest)has wrapped up.

Whirleygig a Chaz Thorne "joint" is currently in production. (ed. Did he write too, or just direct?) as well as "The Corridor" written by someone called Josh MacDonald and directed by someone called Evan Kelly. These are features which are not for children and don't feature puppets or animation so...the Genie nominations are out. Canadian films. Didn't see them and neither did you.

Oh, Glen Mathews did a day to day log on shooting of The corridor but he doesn't report anything about anyone sleeping with anyone else, so there you go. but here's a linky http://www.facebook.com/home.php?#!/notes/glen-matthews/the-corridor-day-14-15/355129183071.

oh, and a Gerri Dee pilot for CBC was shot and "word on the street" says it's not that funny. (ed. $350K from CTF)

I guess that's all the news that's phit to print (ed. see you should have left that Phil Phitz thing for here for continuity.)

Chow

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