Motion Picture Laboratories, Inc. ("MovieLabs"), a nonprofit research and development organization, today announced two new initiatives designed to encourage the creation and growth of innovative new technologies for the motion picture industry. Effective immediately, MovieLabs is launching the MovieLabs Technology Open Challenge, which will provide grants to novel solutions to specific technology challenges facing the movie industry. The Technology Challenge will provide grants to the most prom...

The six major Hollywood studios, hoping to gain more control over their technological destiny, have agreed to jointly finance a multimillion-dollar research laboratory to speed the development of new ways to fight movie pirates.The new nonprofit consortium will be called Motion Picture Laboratories Inc ( MovieLabs) and will be operationnal later this year. MovieLabs will have a budget of more than $30 million for its first two years. "We're not going to research how to make certain types of movi...