Economist Robert Shapiro holds that the U.S. Postal Service's recent filing for an increase in competitive product rates only shines a light on how artificially low its open marketplace prices are. “The notion that they'd have to raise the rates to meet a 5.5-percent requirement for fixed costs just illustrates the extent to which they have been subsidizing these products,” Shapiro told Direct Marketing News. “They've driven the prices down so much they can't even raise the revenue to meet a five-percent obligation.” The ex-Under Secretary of Commerce, and now CEO of economic advisory firm Sonecon, contended that the mandated contribution to institutional costs such as trucks and plants is itself an unrealistic, contrived number. “The fact is,” he said, “that competitive products account for about 28 percent of all revenues and attributable costs. Five-and-a-half percent doesn't even pay that lip service.”
Bauer Media’s best-selling movie magazine EMPIRE has partnered with Picturehouse Cinemas to provide a specially curated series of screenings in joint celebration of both brands 30th anniversaries.
EMPIRE is using its anniversary year to celebrate the work of the 30 most adventurous filmmakers from the past three decades in the magazine, online, in the highly successful EMPIRE podcast and with bespoke events.
The program of thirty nationwide screenings, specially created by the EMPIRE team, will reflect the work of the 30 adventurous filmmakers, including films from Steven Spielberg, James Cameron, Peter Jackson, Quentin Tarantino, Kathryn Bigelow and Patty Jenkins to name a few.
Two of the screenings (The Bourne Ultimatum and Mission Impossible: Fallout) will be available exclusively for EMPIRE subscribers and Picturehouse members. Some of the screenings will also include introductions from EMPIRE writers and special guests.
Commenting on the partnership, Patrick Horton, Managing Director of Bauer Media UK’s film and music portfolio said: “For 30 years, EMPIRE has celebrated filmmakers who haven’t been afraid to take risks and get the very best out of the cinematic experience. We wanted to use the occasion of our 30th birthday to show the best of their work through a series of special screenings and events. Working with Picturehouse, who also turn 30 this year and share EMPIRE’s passion for adventurous filmmaking, makes for a perfect partnership.”
Carol McKay, Director of Programming at Picturehouse Cinemas added: “Picturehouse is excited to join forces with EMPIRE magazine as we both celebrate our 30th anniversary. For the last three decades, both companies have relished in our passion for cinema and love helping a large audience discover great film. We’re really looking forward to welcoming Empire’s 30 epic movies from some truly adventurous filmmakers back to our big screens nationwide.“