You know that this was sold? This would also have made news, as it
possibly would have fetched the highest price for a film poster.

Where did you hear or read this, toochis?

-Kerry




On 4/20/12, Toochis Morin <[email protected]> wrote:
> I know someone bought it. Lucky!
>
> Sent from my iPhone
>
> On Apr 20, 2012, at 7:16 PM, lovenoir2 <[email protected]> wrote:
>
>> In his latest response, Dave brought up one question that I am sure
>> have had many who have looked at the MPE site wondering:
>>
>> What happened to to the Metropolis 3 sheet poster listing and why was
>> it removed? (Is it no longer available?)
>>
>> It isn't in the 'Sold Archives' section, so presumably, it hasnt sold
>> (or has it?)
>>
>> And best of luck, too, once the auction portion goes live.
>>
>> -Kerry
>>
>>
>>
>>
>> On 4/20/12, David Kusumoto <[email protected]> wrote:
>>>
>>>
>>
>>> * Sean - That was a very thorough and well-written e-mail.  Thanks.  I
>>> hope
>>> this is the last e-mail I have to write about this subject.
>>>
>>> * Cut to the chase:  GavelSnipe's terms and conditions were modified
>>> yesterday as a result of recommendations by ME (via another MoPo pal) to
>>> Jim
>>> Halperin, who is Heritage's co-chairman (whom I've met and know
>>> personally).
>>> Visit http://www.gavelsnipe.com/policy_terms.php - and please note the
>>> new
>>> paragraph that was added during the last 24 hours.
>>>
>>> * As to my involvement, people keep focusing on the errant impression
>>> that
>>> GavelSnipe is being used nefariously.  That wasn't my original "angle."
>>> It
>>> evolved and "turned" that way after I was hit with a lot of private
>>> e-mails
>>> after my first post, including one from within Heritage itself.  As Kirby
>>> noted, any automated proxy system is subject to abuse under certain
>>> circumstances.  I think Heritage is an honest company and I myself have
>>> no
>>> concerns about being "run up" on a sale.
>>>
>>> * I just think that it looks better if an auction house partners with a
>>> third party sniping company than owning one outright.  You yourself,
>>> although you glaringly did not mention it - know that "one of many
>>> reasons"
>>> you and Peter chose NOT to own a sniping company - and went with
>>> GavelSnipe
>>> for your MoviePosterExchange.com site - is because you guys wanted to
>>> ensure
>>> your customers would know "that there would be no funny business."  In my
>>> view, you made the right choice going "third-party."  For me, it's all
>>> about
>>> transparency and removing the "appearance" of potential impropriety.  I
>>> may
>>> have arrived six years "too late" to this, but news is still "new news" -
>>> if
>>> information previously undisclosed by GavelSnipe - is revealed for the
>>> first
>>> time to most consumers.
>>>
>>> * If I was a true detractor of Heritage, I could've easily pored through
>>> its
>>> 10K and 10Q filings online with the SEC to find more dirt.  I've already
>>> gotten e-mails (remember, every reporter's best sources are "disgruntled
>>> employees and disgruntled ex-spouses") - which suggest how Heritage might
>>> use the info it gathers from GavelSnipe, which is run "in-house" - and
>>> that
>>> its chief runner is a guy named Ryan Sokol, who's on the Heritage payroll
>>> -
>>> with a dedicated Heritage e-mail address and phone.  Information IS/WAS
>>> being shared.  I just have to be careful and "vet things out" because I
>>> require more proof, e.g., specific incidents with dates, lots and - the
>>> names of department personnel who've allegedly visited GavelSnipe and
>>> come
>>> out with sheets filled with "intel," e.g., "reports" which reveal which
>>> items will go "big" and which bidders spend more.  The competition
>>> between
>>> departments is a little intense and the culture is loose, perhaps too
>>> loose
>>> for a publicly traded company.
>>>
>>> * I'm 100% sure that if I carried a grudge, I could still make the
>>> relationship between the two entities - front-page news based on the
>>> information that has poured into my damn e-mail box since my first post
>>> the
>>> other day.  But I'm not the same rabble-rouser who routinely took down
>>> the
>>> NY and London auction houses a few times, armed with my list of national
>>> and
>>> international editors.  I'm pretty persuasive because I think like a news
>>> guy and they all know it.  I know how to package stories.  This is what I
>>> do
>>> for a living.  I'm generally a civil guy who's in an ugly business.  I
>>> could
>>> have a lot of fun, for example, with how your $850,000 "Metropolis" was
>>> used
>>> by you guys as a publicity stunt - and explore why it's no longer
>>> plastered
>>> on your website for sale.  Without the lure of "Metropolis," there would
>>> be
>>> no stories in the Hollywood Reporter or elsewhere.  You'd be buying ads
>>> instead.  As far as Heritage, a big reason why I haven't moved forward
>>> (and
>>> won't unless the chatter continues or someone gets in my face), is
>>> because I
>>> personally LIKE Grey and Jim Halperin.  That makes a huge difference -
>>> and
>>> reveals why I went after FedEx, Sotheby's and Christie's "back in the
>>> day."
>>> In those cases, I didn't like their people and their attitudes toward
>>> "non-VIPs."  So I went after them.
>>>
>>> * Finally, you rhetorically ask why a nearly billion dollar company would
>>> risk so much by doing something small - that's exponentially more
>>> harmful?
>>> In my view, that's a little naive.  History is strewn with the carcasses
>>> of
>>> people whose reputations have been ruined - because of "minor
>>> infractions"
>>> in gigantic companies.  Specific to auction houses, all I have to do is
>>> to
>>> cite the price-fixing and collusion convictions that sucked Sotheby's and
>>> Christie's into a whirlpool of unwanted media attention - leading to
>>> firings
>>> - and jail sentences - for Sotheby's majority owner Alfred Taubman and
>>> CEO
>>> Diana Brooks, the latter who avoided prison by testifying against
>>> Taubman.
>>>
>>> * I didn't want to be involved in this.  I've got better things to do.
>>> But
>>> because of my relationship with Grey and Jim - I'd rather things be
>>> "cleaned
>>> up" - so that shit NEVER hits the fan.  This is why yesterday, my
>>> recommendations - which are designed to help put Heritage in a "less"
>>> vulnerable position - were provided to Jim Halperin - and the first steps
>>> aimed at shoring up the walls between GavelSnipe and Heritage - are being
>>> made as we speak. -d.
>>>
>>> Date: Fri, 20 Apr 2012 20:23:08 +0000
>>> From: [email protected]
>>> Subject: Re: Potential Conflict of Interest? Is Gavel-Snipe owned by
>>> Heritage?
>>> To: [email protected]
>>>
>>> When
>>> Peter and I (who by the way are the sole owners of
>>> MoviePosterExchange.com) were first talking about adding a sniping
>>> capability to our website we investigated and contacted several
>>> companies to see if we could find a good fit. One of the first things we
>>> found out was that most companies had no interest in adding any
>>> affiliates (certainly not JustSnipe that David mentioned), and those
>>> that would still charged members for their services (either by way of
>>> monthly/yearly fees or by purchasing snipe bids in bundles).  We were
>>> determined to keep costs as low as possible for our customers and were
>>> not satisfied with these answers.
>>> Then we talked with GavelSnipe.
>>> The
>>> GavelSnipe story as we understand it is that they were a company
>>> offering eBay snipes and struggling to stay afloat finding affiliates to
>>> work with when Heritage stepped in with some needed capital and
>>> partnered with them to offer exclusive sniping capabilities for
>>> Heritage’s auctions (and this happened 6 years ago, certainly a very old
>>> story for newshound David Kusomoto to finally dig up).
>>> To me this makes Heritage more transparent rather than less.
>>> Would
>>> you rather Heritage offer sniping capability in-house? Would it make
>>> you feel better entering your snipes directly on Heritage’s website? Or
>>> perhaps they should have partnered with one of the dozens of companies
>>> that has gone out of business in the past few years? How would it look
>>> to their 700,000+ members to tell them they are changing sniping company
>>> affiliates again? Of course it is better for them to partner with a
>>> company and have stability in this area.
>>> The
>>> issue of Heritage peering into your high-bids and shilling you up to me
>>> is a non-issue. Nearly all of Heritage’s most expensive items are
>>> offered in their signature auctions – which you CAN’T snipe. So it’s not
>>> even applicable to a majority of their revenue.
>>> Yes,
>>> Heritage auctions thousands of items a week through their different
>>> divisions. But is the risk/reward worth it to break the law this way?
>>> Let’s say you have placed a $250 snipe on an item that would have
>>> naturally ended at $200 without shilling. Heritage’s buyer’s premium  on
>>> this extra $50 bid is less than $10. The risk? Potential treble damages
>>> on a multi-million dollar class-action suit and the loss of license. Is
>>> that worth it for a company that does almost a billion dollars a year?
>>> My guess is no. But you would have to draw your own conclusions.
>>> Remember
>>> Heritage is a licensed auctioneer. They are subject to review and
>>> regulations. The main reason we have not started auctions on our site
>>> yet is that we had to finish the certification required for our state. I
>>> believe we are the only company that deals exclusively in Movie Posters
>>> that will be a licensed auction firm. To us this is an important
>>> distinction. We will be subject to the laws and penalties of the state
>>> of North Carolina (which have some of the strictest regulatory laws in
>>> the country when it comes to auction houses) and wish to be as
>>> transparent as possible in our dealings.  I don’t believe any other
>>> weekly poster seller (besides Heritage) can say the same.
>>> So
>>> for us, partnering with GavelSnipe made good sense. We are branding
>>> ourselves with the company that provides sniping service to the two
>>> largest movie poster portals in the world (eBay and Heritage) We have
>>> paid GavelSnipe to integrate our software with their site and pay them a
>>> monthly fee so that we can keep the service free for our customers.
>>> Bruce
>>> you are correct when you suggest that we would like to shield our
>>> customer accounts from Heritage, or any other dealers for that matter.
>>> You know this from when you offered to list items on MoviePosterExchange
>>> but requested you be allowed to ship directly to the customers. We
>>> certainly appreciated the offer of support, but ultimately we chose our
>>> customers privacy and security over being able to have your items listed
>>> with us, and if we suspect that Gavelsnipe has violated the trust we
>>> have placed in them (which we have no reason to believe will happen) we
>>> will pursue the matter to the fullest extent of the law.
>>> As
>>> for the answer to Dave’s final question: “Who signs Gavelsnipe’s
>>> paychecks?” I know that the answer to that lately has been that I have.
>>> Date: Thu, 19 Apr 2012 00:51:28 -0700
>>> From: [email protected]
>>> Subject: Re: Potential Conflict of Interest?  Is Gavel-Snipe owned by
>>> Heritage?
>>> To: [email protected]
>>>
>>>
>>>
>>>
>>>
>>> Ha-ha, Rich.  In sum - I could be wrong on some of these, but as far as I
>>> know:  eBay doesn't own a sniping company.  Sotheby's doesn't own a
>>> sniping
>>> company.  MoviePosterExchange.com doesn't own a sniping company.
>>> Bonham's
>>> doesn't own a sniping company.  Christie's doesn't own a sniping company.
>>> Profiles in History doesn't own a sniping company.  eMoviePoster doesn't
>>> own
>>> a sniping company.  The reasons are economic - and also because of how it
>>> would look to consumers, regulators and politicians.  If ONLY DEALERS
>>> have a
>>> blind spot about this, I'm not surprised.  Or, shoot, this could all just
>>> be
>>> a "specific-to-Texas" anomaly.
>>>
>>> Date: Thu, 19 Apr 2012 00:30:15 -0700
>>> From: [email protected]
>>> Subject: Re: Potential Conflict of Interest?  Is Gavel-Snipe owned by
>>> Heritage?
>>> To: [email protected]
>>>
>>>
>>>
>>> There's no story here, move
>>> along.
>>>
>>> Date: Wed, 18 Apr 2012 23:27:52 -0700
>>> From: [email protected]
>>> Subject: Re: Potential Conflict of Interest?  Is Gavel-Snipe owned by
>>> Heritage?
>>> To: [email protected]
>>>
>>>
>>>
>>>
>>>
>>> * My goodness, Dale, there are so many huge holes in your rebuttal that I
>>> could fit a freight train through each one without touching any of its
>>> sides.  But why bother?  In my view, you need to reboot your writing
>>> skills
>>> and come up with a debating strategy more substantial than, "what you're
>>> writing about is fire and brimstone over nothing and I personally think
>>> you
>>> just hate Heritage."
>>>
>>> * What has Heritage done to me personally that would warrant an
>>> accusation
>>> like that from you, Dale Dilts, a person I know nothing about, who
>>> doesn't
>>> register anything on my radar at MoPo - nor do I care based solely on
>>> your
>>> inability to string words together in a way resembling intelligent
>>> thought?
>>> Your note does suggest, however, that you're ignorant of what's been
>>> published in the business sections of news sites since 2008.  I've
>>> already
>>> disclosed that I've personally gained as a consignor and buyer of
>>> Heritage.
>>> I think its movie poster department is run by an a blue-chip, top-flight
>>> guy
>>> named Grey Smith, who built his operation out of nothing 10 years ago.
>>> Unlike Geraldine, I'm not a disgruntled Heritage client in any way.  Or
>>> maybe you, Dale Dilts, think it's classier to observe a "gentleman's
>>> agreement" about things that seem odd, you know, keep everything under
>>> the
>>> table where it belongs, and not stir up "trouble" - that we should all
>>> just
>>> leave things with a "wink," and as you say, "move on."  I hope you're not
>>> working in P.R. or in the customer relations operations of any company.
>>> Because never in a million years would I hire you.  You're poison.
>>>
>>> * BTW, did you know that your last line, "There's no story here, move
>>> on,"
>>> is the CLASSIC cliché rebuttal that editors mock every day in newsrooms
>>> around the world?  When ANY person utters it, it means there IS a story.
>>> Didn't you get the memo that I've been on both sides of this ugly
>>> business -
>>> and have professionally handled "conflict of interest-type stories" as a
>>> news guy - and as a P.R. guy?  You really think a story about this -
>>> would
>>> NOT resonate with a news editor?  Really?  You're the one who's not
>>> thinking
>>> this through.  And I'm sorry, but your line, "There's no story here, move
>>> on" - sounds like famous last words etched on a tombstone.  You sound
>>> like
>>> Richard Nixon. -d.
>>>
>>> Date: Wed, 18 Apr 2012 21:47:32 -0500
>>> From: [email protected]
>>> Subject: Re: Potential Conflict of Interest? Is Gavel-Snipe owned by
>>> Heritage?
>>> To: [email protected]
>>>
>>> OK, I tried to put these mails on auto flush, but come on stick a pin in
>>> it,
>>> who cares.
>>>
>>> Heritage is in the auction business last time I checked. Ebay allows
>>> people
>>> to use their API to build sniping programs because it makes bidders feel
>>> all
>>> warm and fuzzy making bids, so why shouldn’t Heritage pilot their own
>>> with a
>>> smaller user base.
>>>
>>> These mails have really  come across to me as you have a chip on your
>>> shoulder for heritage plain and simple.
>>>
>>> Your second point makes no sense to me at all.  Banks cannot own
>>> investment
>>> companies, soft drink companies cannot own a snack company. Oh my god,
>>> Disney owns ABC and ESPN and don’t forget…. Marvel Comics… the sky is
>>> falling.
>>>
>>> There is no story here, move on.
>>> Date: Wed, 18 Apr 2012 15:26:23 -0700
>>> From: [email protected]
>>> Subject: Re: Potential Conflict of Interest?  Is Gavel-Snipe owned by
>>> Heritage?
>>> To: [email protected]
>>>
>>>
>>>
>>>
>>>
>>> Thanks, Kerry, for that bit of info below.
>>>
>>> * Meanwhile, I'm sorry, but the word, "conspiracy" implies seamy dealings
>>> involving more than one person or companies gaming a system or flouting a
>>> law.  I haven't suggested that about Heritage.  And as an ex-news guy, my
>>> litmus test is to demand things in writing - or to get personal
>>> testimonies
>>> backed with dates, numbers and other facts - not conjecture.  Every
>>> company
>>> or person, including Heritage, deserves that.  Kerry's sleuthing shows
>>> that
>>> Heritage registered the GavelSnipe domain name - but this doesn't
>>> necessarily mean it still owns it.
>>>
>>> * However, whether Heritage is a "financial backer or an owner" - always
>>> matters in the world of business - in the same way that it matters to us
>>> that Bank of America owns Merrill Lynch, that PepsiCo owns Frito-Lay,
>>> that
>>> Disney owns ABC and ESPN, that ComCast owns NBC and that Rupert Murdoch
>>> owns
>>> the NY Post, Fox
>

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