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What: Shares of 3-D projection technologist RealD
So what: RealD jumped sky-high on Monday as legendary director Martin Scorsese pounded the table on the virtues of three-dimensional storytelling. Today, the same man vowed to stay away from remaking any of his old films in the new format. Scorsese's strong support is yesterday's news and investors are going back to the same old fundamentals; Monday's gains have all but disappeared.
Now what: So we're not getting Raging Bull and Goodfellas in 3-D, but Scorsese still insists that he would have gone there if the technology had been mature the first time around. "Depth is part of how we perceive reality, so why not use it as a narrative element, like color," he told British news outlet Sky News. At the same time, he told the BBC that special effects-powered "theme park movies" are undermining the art of cinema. "We have to react against the theme park film, as well made as they are, and as enjoyable as some of them are."
RealD and IMAX
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