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New Yorker’s OC Junket Puts Jannard in YouTube Picture

Much of this week’s issue is dedicated to a look back at 2014, which has proved to be a remarkable year in many respects for the community of business in Orange County (see overview, page 1; coverage by industry, pages 5 through 18). Paul Hughes’ story at the bottom of this page on plans by the VidCon trade show to return to the Anaheim Convention Center offers an early indicator that the trend toward the extraordinary will continue in 2015. VidCon is where Hollywood meets YouTube talent, a business mix that can get obscured by the crowds of screaming teens that define the annual gathering as much as the presence of moguls such as Jeffrey Katzenberg, who was prominent at the show’s most recent edition, in June …The New Yorker took notice of Katzenberg and the rest of the scene in Anaheim, and distilled various observations into a piece for the magazine’s Dec. 15 issue, which makes prominent mention of a main product of another OC company, Jim Jannard’s Irvine-based Red Digital Cinema Camera Co.: “Nowadays, YouTube is almost alarmingly professional,” the New Yorker reports. “The most popular videos are filmed by teen-agers and twentysomethings who use Red Epic cameras and three-point lighting to shoot themselves” … Jannard has relayed to the Insider assertions that the world has yet to fully catch on to how well Red Digital is doing—and that’s with the Business Journal estimating $300 million in annual revenue for the 9-year-old company, which began disrupting a long-established aspect of Hollywood long before “disruptive” became an MBA buzzword … Put us down for an early prediction that the Anaheim Convention Center will get Vidcon signed to a multiyear contract before 2015 is over—something about keeping the youth-fueled trade show close to Disneyland seems to fit … Look for another round of annual prognostications in our 2015 Preview issue next week, and meanwhile, don’t look any further than the Chapman U. campus in Orange for a dynamic duo when it comes to predictions on the national economy. That was one takeaway from the recent 37th annual economic forecast by the Argyros School of Business and Economics. Chapman President Jim Doti and co-author Esmael Adibi, director of the business school’s Anderson Center, lay out a solid mathematical claim on the title of most accurate forecast of U.S. GDP for a 10-year run through 2013, including a subset of the “Recession & Recovery” years. Chapman’s figuring puts its forecasts as more accurate than all of the others on a long roster of A-list outifts that range from academic peers at UCLA to Wall Street heavyweights such as Goldman Sachs … Twenty Eight Modern Chinese Cuisine has gotten plenty of notice, thanks to founder Shirley Chung’s experience on Top Chef New Orleans. She’s not resting on that laurel for her new enterprise, which takes the place of Kimera in Irvine, next to a new office for Google. A crisp sign of bright white lights grabs attention amid traffic on Jamboree, but it’s not exactly an intuitive trip when it comes to getting there. Try a turn east at Centerpointe Road just south of the restaurant for the shortest route to the valet—and note that the street is called Koll west of Jamboree.

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