Annual Report 2018 Digital Domain Holdings Limited

Total Page:16

File Type:pdf, Size:1020Kb

Annual Report 2018 Digital Domain Holdings Limited DIGITAL DOMAIN HOLDINGS LIMITED CONTENTS Corporate Information ........................................................... 2 Chairman’s Statement ........................................................... 4 Chief Executive Officer’s Review ............................................. 6 Corporate Governance Report ................................................ 36 Directors’ Report .................................................................. 47 Independent Auditor’s Report ................................................. 69 Consolidated Income Statement ............................................. 74 Consolidated Statement of Comprehensive Income ................... 75 Consolidated Statement of Financial Position ........................... 76 Consolidated Statement of Changes in Equity .......................... 78 Consolidated Statement of Cash Flows ................................... 80 Notes to the Consolidated Financial Statements ....................... 82 Five Years Financial Summary ................................................ 207 Particulars of Properties ........................................................ 208 CORPORATE INFORMATION BOARD OF DIRECTORS REGISTERED OFFICE Executive Directors Clarendon House, 2 Church Street Mr. Peter CHOU (Chairman) Hamilton HM11, Bermuda Mr. WEI Ming (Vice Chairman) Mr. SEAH Ang (Chief Executive Officer) HEAD OFFICE AND Mr. Amit CHOPRA (Chief Operating Officer) PRINCIPAL PLACE OF BUSINESS 9/F., Henley Building Non-executive Directors No. 5 Queen’s Road Central Mr. PU Jian Central, Hong Kong Dr. SONG Alan Anlan PRINCIPAL SHARE REGISTRAR AND Independent Non-executive Directors TRANSFER OFFICE IN BERMUDA Mr. DUAN Xiongfei MUFG Fund Services (Bermuda) Limited Ms. LAU Cheong The Belvedere Building, 69 Pitts Bay Road Mr. WONG Ka Kong Adam Pembroke HM08, Bermuda Mr. John Alexander LAGERLING BRANCH SHARE REGISTRAR AND AUDIT COMMITTEE TRANSFER OFFICE IN HONG KONG Mr. DUAN Xiongfei (Chairman) Computershare Hong Kong Investor Ms. LAU Cheong Services Limited Mr. WONG Ka Kong Adam Shops 1712-1716, 17th Floor, Hopewell Centre 183 Queen’s Road East, Wanchai, Hong Kong REMUNERATION COMMITTEE Mr. DUAN Xiongfei (Chairman) PRINCIPAL BANKERS Mr. SEAH Ang Bank of China Limited Ms. LAU Cheong Bank of China (Hong Kong) Limited Mr. WONG Ka Kong Adam China CITIC Bank International Limited China Construction Bank (Asia) Corporation Limited NOMINATION COMMITTEE Citibank India Mr. DUAN Xiongfei (Chairman) East West Bank Mr. SEAH Ang EverTrust Bank Ms. LAU Cheong Industrial and Commercial Bank of China Limited Mr. WONG Ka Kong Adam Royal Bank of Canada COMPANY SECRETARY INDEPENDENT AUDITOR Ms. Fok Lai Yan BDO Limited Certified Public Accountants STOCK CODE 547 SOLICITOR Reed Smith Richards Butler digitaldomain.com Digital Domain Holdings Digital_Domain DigitalDomain 數字王國 2 ANNUAL REPORT 2018 DIGITAL DOMAIN HOLDINGS LIMITED music videos and virtual reality experiences. Staff artists have won more than 100 major awards, including Academy Awards, Clios, OTHER BAFTA awards and Cannes Lions. SHAREHOLDERS Digital Domain has offices in Los Angeles, Vancouver, Montréal, Hyderabad, Beijing, DIGITAL DOMAIN Shanghai, Shenzhen, Taipei and Hong Kong. The following is a simplified chart of major CREATES TRANSPORTIVE businesses of the Group. SOFTBANK EXPERIENCES THAT ENTERTAIN, CHINA INFORM AND INSPIRE. The company is a pioneer in many fields, including visual effects, livestreaming landmark DD INDIA events in 360° virtual reality, building situational CITIC awareness applications, creating “virtual humans” for use in films and live events, and developing interactive content. A creative force in visual effects and media applications, Digital Domain and its predecessor entities have INVESTMENT 3 brought artistry and technology to hundreds of DD USA/ PROPERTIES BUSINESS motion pictures, commercials, video games, CANADA MANAGEMENT CO- PRODUCTION DD GREATER (FEATURE FILMS CHINA AND TV DRAMA SERIES) DD HK NEW MEDIA AND EXPERIENTIAL BUSINESS (HARDWARE / SOLUTION / CONTENT) AND VIRTUAL HUMAN BUSINESS VISUAL EFFECTS PRODUCTION AND POST- PRODUCTION For details and full names of these businesses/projects/companies, please refer to “Chief Executive Officer’s Review” section of this annual report on pages 6 to 35. Note: CHAIRMAN’S STATEMENT 4 ANNUAL REPORT 2018 DIGITAL DOMAIN HOLDINGS LIMITED CHAIRMAN’S In the global studio’s 26th year, Digital Domain continues its rich history of creating world-class premium visual effects, post-production and animation. STATEMENT Digital Domain leads the capture for many blockbuster feature Thank you to everyone in the Digital entertainment industry by combining films including Steven Spielberg’s Domain family, including all of our the best digital artistry talent with the “Ready Player One,” Ava DuVernay’s partners around the globe and the most advanced technological “Wrinkle in Time,” Ryan Coogler’s thousands of artists and innovators innovations. “Black Panther,” “Ant-Man and the whom call Digital Domain home. It is Wasp,” “Aquaman,” and “Shadow.” truly an honor to create more We are very excited to formally For episodics, we completed work chapters of the Digital Domain announce our global expansion on several episodes of STARZ’s legacy with each and every one of plans, with the opening of Montréal, “Outlander” and Netflix’s “Lemony you. Québec. It will be the ninth studio Snicket’s A Series of Unfortunate location for Digital Domain, alongside Events.” Los Angeles, Vancouver, Beijing, Shanghai, Shenzhen, Hong Kong, Digital Domain also completed visual Taipei and Hyderabad. effects and post-production work for some of the world’s largest brands, Digital Domain further cemented including Google, Dollar Shave Club, strong studio partner relationships Bud Light, NBA and NBC. Our with all the big entertainment groups, games work is unparalleled, with Peter CHOU including Warner Brothers, Disney, many major video game publishers Chairman DC Comics, Marvel Studios, Dark calling us for post-production work Horse Entertainment, Netflix, STARZ for their in-game cinematics and Hong Kong, 29 March 2019 and SONY. marketing materials, including Ubisoft for “Assassin’s Creed Our digital humans, animation and Odyssey”, Activision for “Destiny 2: visual effects teams received Forsaken,” and “Call of Duty: Black international attention for work on Ops 4,” and “Command & Conquer: Josh Brolin’s Thanos character in Rivals” for Electronic Arts. Marvel Studio’s hit film, “Avengers: Infinity War” with BAFTA and VES Globally, Digital Domain continued to award nominations and stories from lead the VR industry in the creation major publications. Digital Domain of premium content for Samsung, led visual effects, previsualisation, London Fashion Week, SyFy postvisualisation, virtual productions, Network, Redbull, Google and post-production and/or motion Discovery Network. 5 CHIEF EXECUTIVE OFFICER’S REVIEW 6 ANNUAL REPORT 2018 DIGITAL DOMAIN HOLDINGS LIMITED FINANCIAL AND BUSINESS REVIEW During the year ended 31 December 2018, the Group achieved a revenue of HK$600,679,000 (2017: HK$703,004,000), showing a decrease of approximately 15% compared to that of the previous year. The gross profit of the Group amounted to HK$52,956,000 (2017: HK$81,778,000) during the year under review. The decrease in turnover and gross profit were mainly attributable to the media entertainment segment. As at 31 December 2018, the total assets of the Group amounted to HK$2,224,839,000 (as at 31 December 2017: HK$1,893,029,000). The loss attributable to the owners of the Company for the year was HK$518,030,000 (2017: HK$524,893,000). The loss for the year was approximately HK$525,497,000 (2017: HK$544,141,000). The loss for the year was mainly caused by: (i) the recognition of non-cash outflow expenses, including: (a) equity-settled share-based payments for the share options granted between 2014 and 2017 to the value of HK$7,782,000 (2017: HK$57,428,000); (b) additional amortisation and depreciation expenses from the acquisition of 3Glasses Group of HK$30,025,000 (2017: nil); (c) additional amortisation expenses from the investment in TV drama series (grouped under “Participation Rights”) of HK$40,512,000 (2017: nil); (d) other amortisation and depreciation expenses (besides the two items mentioned above) to the value of HK$80,364,000 (2017: HK$60,219,000); and (ii) administrative and other project expenses, comprising mainly legal and professional fees (including those incurred in relation to the acquisitions, collaborations and business development in the Greater China region, business development in India, and investor and public relations); and (iii) operating losses from the media entertainment segment. MEDIA ENTERTAINMENT SEGMENT During the year under review, this segment recorded a revenue of approximately HK$595,917,000 (2017: HK$694,718,000). The revenue from this segment accounted for approximately 99% of the Group’s revenue for the year under review. This segment incurred a loss of approximately HK$287,858,000 (2017: HK$277,545,000). The loss included the content development and research and development costs incurred during the year under review relating to virtual reality content and games, 360° and interactive virtual human functionality. The adjusted segment loss (before interest expenses and taxation), taking into account adjustments due to (i) depreciation of property, plant and equipment and (ii) amortisation of intangible assets, was HK$184,573,000 (2017: HK$223,317,000). 7 MEDIA ENTERTAINMENT SEGMENT A. VIRTUAL
Recommended publications
  • Absolutely Fabulous, 世均) Offer an Example of a Dreamy Celebrity Mar- Sodagreen (蘇打綠) Is That Rare Indie Band Riage Gone Sour
    14 發光的城市 A R O U N D T O W N FRIDAY, JANUARY 1, 2010 • TAIPEI TIMES BY AndreW C.C. HuanG MUSIC STOP COMPILED BY HO YI Chen (陳泰銘) held last Saturday? Never hap- Absolutely pened? And anyway, Chen was still married last time local paparazzi checked. As for Hong Kong’s former diva Cherie Chung (鍾楚紅), the 49-year-old widow personally denied the speculation about fabulous her upcoming wedding with a certain wealthy Jolin Tsai, below, businessman from Singapore. is moving on While Hou has found her Mr Right, Jolin from pretty-faced Tsai (蔡依林) is getting cozy with fast-rising idol Eddie Peng model Godfrey Kao (高以翔), whose previous to model Godfrey claim to fame was his pair of delectable pinkish Kao, right. nipples, which he flagrantly exposed in his photo PHOTOS: TAIPEI TIMES book. It’s only a matter of time before intimate comparisons will be made between Kao and Tsai’s old flame Jay Chou (周杰倫). So what is the Mando-pop king, self-made film director and occasional actor doing with his love life? Not much. Unless you count the banter and teasing exchanges between him and supermodel-turned-actress Lin Chi-ling (林志玲) during the promotions for the fantasy adventure The Treasure Hunter (刺陵). The way Pop Stop sees it, the real-life flirting between the two is more convincing that the on-screen romance that they share in the movie, which was killed by the embarrassingly coy lines and dumb jokes that filled the clunky script. Finally, model-turned-housewife Hung Hsiao-lei (洪曉蕾) and her CEO-husband Wang Shih-chun (王 ndisputedly talented and absolutely fabulous, 世均) offer an example of a dreamy celebrity mar- Sodagreen (蘇打綠) is that rare indie band riage gone sour.
    [Show full text]
  • RESUME Experienced Project Lead, Software Engineer and CG Artist
    MICHAL FINEGOLD - RESUME Experienced project lead, software engineer and CG artist. Strong background in both the technical and artistic sides of app development, computer animation, and visual effects. Equally comfortable working as a project manager, artist, developer, or all of the above. Phone Number: 917.747.7518 E-mail: [email protected] Software: www.shmonster.com Reel: www.michalfinegold.com EDUCATION Master of Science - New York University, USA Bachelor of Science - Tel Aviv University, Israel Digital Imaging and Design (Focus on 3D) Double major - Physics and Computer Science Received partial academic scholarship Received partial academic scholarship from Physics Dept. Graduated with distinction in 2006, thesis received honors Graduated in 2002 PROFESSIONAL EXPERIENCE Founder, Software Designer & Developer, Shmonster, Connecticut Jan. 2016 - Present • Founded own company, Shmonster, to develop creative software. Designed and developed several original mobile apps that foster open ended play for kids and creativity in education. • Flagship app, PuppetMaster, has over 750,000 downloads, is widely used in schools, and has garnered educational accolades such as the American Association of School Librarians’ list of Best Apps for Teaching and Learning. • Went on to develop creative educational apps for clients: proposing concepts, creating detailed specs and concept art, developing timelines and budgets, then leading project implementation through to completion. • Client projects include creative educational apps using mobile and VR. Freelance CG Technical Director for Film, Television Shows and Commercials Jul. 2007 - Present Production: Focus on lighting, compositing and look development, with extensive additional work as a generalist. R&D: Pipeline development, creation and maintenance of tools for 3D and 2D artists, and technical support.
    [Show full text]
  • My Life in My Country Pong Zhi Chan My Life I Lived in Guangzhou. I
    Class 2P: My Life in My Country Pong Zhi Chan My Life I lived in Guangzhou. I spent my childhood in Guangzhou. When I was seven years old, I went to Kwen Sin Elementary School and after that I went to No. 38 Middle School in 1968. I went to the countryside to be a farmer in 1980. Later I came back to Guangzhou to work in Nan Fong Hotel. In my free time, I went to the movies with my mother and father because I liked movies very much. Later my family immigrated to the U.S.A. My life is very simple because I don’t like to go anywhere. Xiu Jie Cui My Life in China I was born in Jilin, China. I have two brothers and two sisters. My family was big, but I was not happy because when I was twelve years old, my father passed away. So I didn’t have a happy childhood. I went to school for a total of ten years. I was a teacher. I worked hard. My classes had lots of students, so I had lots of stress. I didn’t have good health. Every day I felt tired. I worked for twenty-five years. I had a big home. My husband was a teacher too. He was a patient man. We had one son. I had a happy home. When I had free time, I cooked lots of food. I made some dumplings and put them in the freezer, so we could eat them anytime. It was convenient.
    [Show full text]
  • Top Questions About Character Animation
    Top Questions About Character Animation What are some of the exciting aspects of character animation, and how is it different than other computer animation forms? The phrase computer animation is often used as a catch-all for many computer generated effects including spinning logos, Flash programming on the Web or special effects in movies. These are not character animation. Character animation is the process of giving life to a character, whether it is a dog that can talk, a drawn person or an animated object. Character animation creates personality. How long does it take one person to create one minute of animation? This is difficult to pinpoint, but it can take one animator about 16 – 20 weeks of full-time work to produce 60 seconds of animation.1 At Pixar Animation Studios, due to their high level of quality control, animators have been known to work on two minutes of film for a year or more. How many animators typically work on an animated feature film? It depends on the studio and its needs, so anywhere from 20 – 80 animators could be working on an animated feature film. What is the biggest myth about character animation? A lot of people believe that the computer does all of the work for the animator, but the reality is that the animator is only using the computer as a tool to create detailed animation frame by frame. What are some of the most challenging aspects of character animation? Character animators work in fun, collaborative, exciting and detailed environments. They need to have a high level of patience while working with the tiny movements of a character frame by frame.
    [Show full text]
  • Free-Digital-Preview.Pdf
    THE BUSINESS, TECHNOLOGY & ART OF ANIMATION AND VFX January 2013 ™ $7.95 U.S. 01> 0 74470 82258 5 www.animationmagazine.net THE BUSINESS, TECHNOLOGY & ART OF ANIMATION AND VFX January 2013 ™ The Return of The Snowman and The Littlest Pet Shop + From Up on The Visual Wonders Poppy Hill: of Life of Pi Goro Miyazaki’s $7.95 U.S. 01> Valentine to a Gone-by Era 0 74470 82258 5 www.animationmagazine.net 4 www.animationmagazine.net january 13 Volume 27, Issue 1, Number 226, January 2013 Content 12 22 44 Frame-by-Frame Oscars ‘13 Games 8 January Planner...Books We Love 26 10 Things We Loved About 2012! 46 Oswald and Mickey Together Again! 27 The Winning Scores Game designer Warren Spector spills the beans on the new The composers of some of the best animated soundtracks Epic Mickey 2 release and tells us how much he loved Features of the year discuss their craft and inspirations. [by Ramin playing with older Disney characters and long-forgotten 12 A Valentine to a Vanished Era Zahed] park attractions. Goro Miyazaki’s delicate, coming-of-age movie From Up on Poppy Hill offers a welcome respite from the loud, CG world of most American movies. [by Charles Solomon] Television Visual FX 48 Building a Beguiling Bengal Tiger 30 The Next Little Big Thing? VFX supervisor Bill Westenhofer discusses some of the The Hub launches its latest franchise revamp with fashion- mind-blowing visual effects of Ang Lee’s Life of Pi. [by Events forward The Littlest Pet Shop.
    [Show full text]
  • Shanghai and Beijing Travel Report 2010
    Shanghai International Film Festival and Market, Shanghai and Beijing meetings Report by Chris Oliver and Ross Matthews To report that the China screen landscape is undergoing change is not new news. All facets of the screen industry development, production, distribution, exhibition and broadcasting are going through change – a change that is in a positive direction. The change in the way the Chinese industry is engaging with the rest of world’s screen industries, including the way Government instrumentalities are relating to other countries (eg treaties) will be of real benefit to the Chinese and the international screen industry. Australia is well placed to benefit from those changes if (that’s capital IF) Australian producers/players understand the rules of engagement with Chinese producers, broadcasters and exhibitors and the Chinese government departments involved in implementing government policy. Why should Australia engage with China? There are obvious commercial reasons. Firstly, the Chinese gross box office (GBO) has increased by at least 30 per cent in the last year to US$909 million – and has now surpassed Australia to be number six in the world. According to those we had discussions with in China and what can be gleaned from the screen press, the China GBO will grow by at least a further 40 per cent in the 2010 calendar year! Secondly, China’s population has an ever-increasing level of Abbreviations disposable income to underpin AIDC Australian International Documentary Conference the cinema ticket price of $6–10: CCTV China Central Television TRAVELREPORT it’s been reported that middle CFCC China Film Co-production Corporation class numbers will exceed those CFGC China Film Group Corporation in the US by 2020.
    [Show full text]
  • M Asterclass
    The Sixth Annual CG, Animation & Gaming Forum John Anthony Theatre June 9, 2007 Collin College 9:00 a.m. – 5:30 p.m. 2800 E. Spring Creek Pkwy, Plano, TX Masterclass 10 a.m. – 3:30 p.m. June 8, 2007 Room C-104, Collin College www.industrygiants.org From the drawing board to the movie theater - and all points in-between – the sixth annual Industry Giants 2007 computer graphics, animation and gaming forum investigates what it takes to cultivate and keep an animation and gaming industry in Texas. Bryan Engram – Reel FX Creative Studios 9:00 a.m. Rita Street – Radar Cartoons 1:30 p.m. Animation Supervisor Managing Director, Producer, and Author Currently, Bryan is finishing commercial spots for Rita is managing director of Radar Cartoons, Dreamworks’ Shrek the Third. His credits include coproducer of The Nicktoons Film Festival, and feature films The Wild, Everyone’s Hero, and Teenage vp of development for Mike Young Productions, Mutant Ninja Turtles; shorts such as Blue Sky’s Aunt Her current animated series, Ruby Gloom, has been Fanny’s Tour of Booty; and game cinematics for Halo 2 nominated in the Annecy (France) and Cartoons on and Transformers :The Game. the Bay (Italy) Festivals. Elizabeth Hitt – Digital Domain 10:00 a.m. Steve Gaconnier – Janimation 2:30 p.m. Visual Effects CEO and Chief Creative Director Elizabeth works for Academy Award winning visual Janimation is nationally recognized as a talented effects house Digital Domain and has credits on and industrious company through their work for Stealth, Zoom, Texas Chainsaw Massacre: The Beginning, such clients as Fox Sports, Nokia, Pennzoil, Miller The Hitcher, and the upcoming Transformers.
    [Show full text]
  • In Re Digital Domain Media Group, Inc. Securities Litigation 12-CV
    Case 2:12-cv-14333-JEM Document 57 Entered on FLSD Docket 07/31/2013 Page 1 of 99 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA Ft. Pierce Division Case No. 12-14333-CIV-MARTINEZ-LYNCH CLASS ACTION In re Digital Domain Media Group Securities Litigation / JURY TRIAL DEMANDED CONSOLIDATED AMENDED CLASS ACTION COMPLAINT Case 2:12-cv-14333-JEM Document 57 Entered on FLSD Docket 07/31/2013 Page 2 of 99 TABLE OF CONTENTS I. NATURE OF THE ACTION ............................................................................................. 2 II. JURISDICTION AND VENUE ......................................................................................... 5 III. THE PARTIES.................................................................................................................... 6 A. Lead Plaintiffs ......................................................................................................... 6 B. The Individual Defendants ...................................................................................... 7 C. The Director Nominee Defendants ......................................................................... 8 D. The Underwriter Defendants ................................................................................. 10 E. Palm Beach Capital Defendants ............................................................................ 11 F. SingerLewak ......................................................................................................... 12 G. Non-Party DDMG ................................................................................................
    [Show full text]
  • The New Digital Domain
    THE NEW DIGITAL DOMAIN How the Pandemic Reshaped Geopolitics, the Social Contract and Technological Sovereignty POLICY REPORT SEPTEMBER 2020 CONTENTS 03 EXECUTIVE SUMMARY 04 DIGITALIZED AND PRIVATIZED: GEOPOLITICS IN THE PANDEMIC 09 DRIVERS AND IMPLICATIONS OF THE DIGITAL ECONOMY 13 A FRACTURING SOCIAL CONTRACT 18 CONTACT TRACING AND TECHNOLOGICAL SOVEREIGNTY 22 RECOMMENDATIONS AND TOPICS FOR EXPLORATION cgc.ie.edu THE NEW DIGITAL DOMAIN 3 EXECUTIVE SUMMARY The COVID-19 pandemic, besides triggering the most Today’s biggest winners are the big tech companies, who severe economic crisis since the Great Depression, is represent the lion’s share of the most valuable companies accelerating technological trends that were well in the that run on data, algorithms and apps rather than making before its outbreak. The Great Lockdown physical labor, but have also managed to utilize the exposed the digital divide between frontier and under-governed nature of the digital domain to non-frontier firms, with the former group being able avoid paying tax and social security. The societal to provide services and goods no longer available within flipside of the growing digital gaps between winners traditional markets. The growing concentration of and losers has been skyrocketing inequality and the power and wealth in the hands of a few global hollowing-out of the middle class—something that digital companies will shape global and domestic in the short term the pandemic is likely to exacerbate. politics in the immediate future. Globally, the pandemic has increased geopolitical THIS REPORT ANALYSES THESE SHIFTS, rivalry and underlined the decline of the US as a PROPOSES A SERIES OF RECOMMENDATIONS superpower.
    [Show full text]
  • The Science Behind Special Effects
    ALPHA 130 ααThe science behind special e ects The science behind special e ects With today’s technology, imagination is the only limit to what can be created on a movie screen. And nowhere in the world is the imagination more unlimited than at New Zealand’s own WETA Workshop and WETA Digital. Weta Workshop makes models, props and miniatures, whereas Weta Digital creates virtual characters and computer generated special eff ects. Audiences around the world were awestruck when the Lord of the Rings trilogy hit the big screen. Trees walked, massive armies of men and elves battled evil Orcs, and through it all marched an unlikely fellowship of brave little hobbits, a tall wizard, brave men, an elf and a dwarf and of course the lurking Gollum (aka Smeagol). e special eff ects were quite simply amazing, and creating them is not only an art but an exact science. Gothmog, Richard Taylor and Peter Jackson on set Weta Digital is an Academy Award® winning visual eff ects facility based in Wellington, New Zealand. e company was formed in 1997 by a number of directors – including Academy Award winners Peter Jackson, Jamie Selkirk and Richard Taylor. Weta Digital off ers world class visual eff ects for international feature fi lms and commercials. e company is best known for its visual eff ects work on e Lord of the Rings trilogy (New Line Cinema), and more recently for its work on King Kong (Universal) all of which were directed by Peter Jackson. Most recently, Weta Digital has completed work on the eatrical Film and Extended DVD Version of King Kong (Universal) and has completed visual eff ects work for I,Robot (20th Century Fox) and X-Men – e Last Stand (20th Century Fox).
    [Show full text]
  • DVD MAGAZINE Outstanding Animation, VFX and Motion Graphics for Design and Advertising 15 ��������������������
    DVD MAGAZINE Outstanding animation, VFX and motion graphics for design and advertising 15 �������������������� ������������������������������������������������������������������������������� ��������������������������������������������������������������������������������� ������������������������������������������������������������������������������ �������� ������� �������� ������������ ������� ��������������� ������� ��� �������� ������������������������������������������������������������������������������ ������������������������������������������������ �������������������������������������������������������������������������������� ��������������������������������������������������������������������������������� ������������������� ������������������������������������������������������������������������������� ������������������������������������������������������������������������������������ ���������������������������������������������������������������������������������� �������������������������������������������������������������������������������� ������������������������������������������������������������������������������ �������������������������������������������������������������������������������������� ������������������������ ��������������������������������������������������������������������� �������������������������� ���������������������������������� �������������������� ����������������������������������������� ���������������������������������������� �������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������
    [Show full text]
  • Dong Fotios Lin 2015 Facial Recognition Luminance and Duration WHITE
    This is a repository copy of The influence of luminance, observation duration and procedure on the recognition of pedestrians faces. White Rose Research Online URL for this paper: http://eprints.whiterose.ac.uk/90743/ Version: Accepted Version Article: Dong, M., Fotios, S. and Lin, Y. (2015) The influence of luminance, observation duration and procedure on the recognition of pedestrians faces. Lighting Research and Technology, 47 (6). 693 - 704. ISSN 1477-1535 https://doi.org/10.1177/1477153514539781 Reuse Unless indicated otherwise, fulltext items are protected by copyright with all rights reserved. The copyright exception in section 29 of the Copyright, Designs and Patents Act 1988 allows the making of a single copy solely for the purpose of non-commercial research or private study within the limits of fair dealing. The publisher or other rights-holder may allow further reproduction and re-use of this version - refer to the White Rose Research Online record for this item. Where records identify the publisher as the copyright holder, users can verify any specific terms of use on the publisher’s website. Takedown If you consider content in White Rose Research Online to be in breach of UK law, please notify us by emailing [email protected] including the URL of the record and the reason for the withdrawal request. [email protected] https://eprints.whiterose.ac.uk/ The Influence of Observation Duration and Procedure on Luminance Required for Recognition P F Mengdi Dong 1, Steve Fotios 2, Yandan Lin 1* 1 Institute for Electric Light Sources, Fudan University; Engineering Research Center of Advanced Lighting Technology, Ministry of Education; Shanghai 200433, P.R.
    [Show full text]