| Indiantelevision.com's
interview with TM Systems CEO Ken Lorber |
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"
2004
can be a very dramatic year globally due to the fervor with
which studios are looking at tapeless environments"
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| Posted
on 4 September 2004 |
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The
recipient of the coveted Prime Time Emmy Award for technical achievement,
for the development and implementation of the industrys first,
fully integrated, digital, language localization system for translation,
dubbing and subtitling.
Aiming
at becoming the global standard worldwide and moving the language
customisation business from a tape dependent to a tapeless environment,
TM Systems CEO Ken Lorber discusses the global production industry
with indiantelevision.com's Sonali Krishna offering
some interesting insights on his company's state-of-the-art software
that reduces costs and time, traditionally associated with the localization
process by nearly 40 per cent and also looks at the current state
of affairs in terms of technolgy advancement in the langauage customisation
industry.
Excerpts:
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Is this your first business trip to India? Could you please expand
on what essentially is your business and the whole service gamut
it covers?
Our business is providing tools for the language customization
business. And we differentiate ourselves from some of the other
companies that claim to do parts of it. There are companies that
market various components within the whole gamut of the language
customization business.
There
are companies that provide solutions for sub-titling, transcribing
but there is no one who has addressed the entire process from the
time you receive that video tape that needs to be converted into
multiple languages until the new audio track is laid down. So, we
distinguish ourselves because we have tools for every step from
encoding to encryption to transcribing to translating to dubbing
to adaptation to sub-titling, the whole gamut.
Another
reason why this technique is so efficient is because when there
is no standardised process involved, two people interpret the same
scene totally differently, the context starts to differ from language
to language. So, the advantage we offer is by routing it all through
one path, there's consistency both in the dubbing and subtitling
process.
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What
about economic viability? Are you an economical option?
From the actual equipment standpoint, it's dramatic. But the operations
standpoint, it's even more dramatic again because of the consolidation
of assets. This is a win-win situation, because you don't have dubbing
company or a sub-titling company investing in new equipment for
the same yield. As a studio owner I know, just to remain status
quo, you have to keep upgrading. This is an ability to spend less
money for the hardware/software combination and be able to generate
much more efficiency and not having to deal with something getting
obsolete.
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Your
trip here marks your interest in the Asian zone? Is 2004 a strategic
timing to move into the Asian arena or is there other reasoning
behind it. Also what is your POA in India in terms of showcasing
your offerings, building relationships and acquiring business?
I can't pretend that 2004 was any strategic brainstorm. It was more
motivated with the involvement with Discovery. We came to India
on this occasion specifically because Discovery Communications had
invited us through their Singapore office. Having said that, it
is clear from the meetings we've had that there is a tremendous
opportunity here in Asia. For our software to be the most effective
for the ultimate user and the ultimate user being the Discovery's,
Warner Brothers, the major proprietors of programming is that it
really be saturated around the globe. It doesn't do us any good
for lets say Discovery to adopt our technology and find out that
three quarters of the world isn't using it. Because they have created
so many tools to enrich and enhance the process and if it is being
ignored in major markets then we're back to making tapes, which
is what nobody wants to do.
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Do
you think the Indian market is mature enough to enter and secondly
the cost factor, considering India is a very price driven country?
(Laughs) You sound like our prospect today. He asked me the same
question. I asked him how much was the cost of your digi-beta TCR,
and he told me $ 60,000. My software is a lot less expensive. So,
I have learned very quickly that we are charging a lot less money
for your work than is being charged elsewhere. But, one does have
to adapt to the technology. Well, is it true if I go to a different
market like maybe Japan where the cost is probably 10 times more
for their customization work, they will realise a greater return
on investment? Absolutely! But does that mean it's not valid to
have it here as well. It's absolutely valid, maybe to a lesser degree
but nonetheless, India is a market.
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"Our
goal is for TM Systems to be global standard when it comes
to language customization.
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Tell
me about you winning the Emmy Award for your software.
I have to admit that it was the biggest high in my professional
life. This was a prime time national Emmy award for technology.
We won in a category where there were three or four other winners,
two notable companies that I remember were Apple computers for final
cut pro and a camera company called Aeroflux which has been the
industry standard for three years. Probably as gratifying as the
Emmy awards was the response of the technical committee that evaluated
our software. We're also hoping it's not the last one. I think 2004
can be a very dramatic year not just in Asia but globally because
we know the fervor with which the studios are looking at tapeless
environments. And the only hole in the plan has been language customization.
The industry has advanced and its time the customization industry
steps up with the rest.
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What
is your client profile like and tell me a little about the evolution
of TM as a company as well as on the macro level about the evolution
of your business per se?
Our client profile is interesting as it is a combination of dubbing
companies, dubbing vendors and studios. Our original marketing plan
was to go to one's that would most benefit. So we spent a lot of
time calling on dubbing companies, touting this remarkable new software.
And the reaction was unanimous. Wow! This is really remarkable but
we've been doing this work for the last 15 yrs and most of our clients
are comfortable with us doing our work this way. And I don't know
if I want to be the pioneer. So, that's where we came from. But
there's no one who's purchased our software and not continued to
use it. But we got smarter and realised the real beneficiary of
this technology with be the major networks and the major studios.
It's the studios and the networks that have the overwhelming challenge
of customizing in multiple languages as well as within a stipulated
time frame.
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"It's
the studios and the networks that have the overwhelming challenge
of customizing in multiple languages as well as within a stipulated
time frame. " |
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With
the coming of language customization software; what in your opinion
will it do to programming content across the world?
Good Question! I don't know what its going to do to it other than
making it available more quickly and more inexpensively. I've been
involved with the TV companies who have to limit the amount of material
customized for international distribution based purely on their
limited budgets. So, if you were to do 20 or 30 per cent more material
with the same dollar, assuming nothing else to be different, it
has to lead to development of programming and its distribution network.
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What
is TM Systems vision; short term and long term in terms of business
acquisitions and technology development?
Well I think we have a long way to go in terms of becoming a global
standard. We are in a prime position to become a global standard and
when I say that I don't mean that there will not be others who can
become global standards. I consider protocols to be a global standard
for audio workstations. I consider Avid technology for editing. Our
goal is for TM Systems to be global standard when it comes to language
customization. That's both short term and long term. We have a number
of different markets that we would like to conquer. TV and film is
not the only area where video tape and film conversion is a necessary
evil. Spreading our wings into the production arena and moving into
the corporate zone. |
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