them 1.5 billion pounds for not reaching annual targets. the targets are quite high. royal mail have to deliver 93% of all first class post within one day, that is the target set by the regulator. it is all very well saying, get your act together, does that suggest they do not believe the royal mail when they say it is because of coronavirus and staff absences. they want to see improvements. royal mail made £726 million last year and pre—tax profits. the cost of a first—class stamp by more than 20% last year. the regulator expecting more. here is the weather. large areas of cloud. potentially a touch of frost. milder further north. that brisk south—westerly wind looking teacher blow across northern scotland tomorrow. a largely dry but is largely cloudy day. some sunny spells. —— south—westerly wind will continue to blow across northern scotland. in the coming week, a lot of dry weather, the increasing chance of some rain in the north. hello, this is bbc news. the headlines. police will meet a conservative mp who's accused government whips of trying to "blackmail" politicians who've tried to oust borisjohnson. the first shipment of american military aid to ukraine arrives there — after talks over russia's troop build—up on the border. the un has condemned an air strike on a yemen detention centre that has killed more than 80 people. a week after tonga was devastated by a volcanic eruption and tsunami, humanitarian aid begins to reach the tens of thousands of people affected. the actor arnold schwarzenegger is involved in a multi—vehicle crash in los angeles — one person is in hospital, but it's not thought their injuries are life threatening. now on bbc news it's time for click. this week, it is pure box office. we will find out how to buy into the latest blockchain blockbuster. we'll talk to the titanic talent behind terminator. we will give a vfx artist a ring — or ten. and did someone mention box office? well, iam in a box, at least. los angeles, the place where anything is possible — even the weird stuff that i've got up to here over the years. it's a town that revels in the new and right now, that town seems to be talking about nfts. now, as a reminder, nfts are a way of recording who owns what — mainly digital art and music. frankly, the mind still boggles every time i remember that this image by beeple sold for almost $70 million at auction. so, i thought i would jump on the bandwagon. now, anyone can create — or mint — an nft. in fact, i have minted myself, which was refreshing! that means that this mini animation now has a unique identifier which has been recorded on... ..the blockchain! an indisputable record of who owns it and who buys it afterwards. now, last year, a lot of the focus on nfts was on ownership of digital images and small animations but 2022 looks like being the year that hollywood sits up, takes notice and decides, "yeah, i wouldn't mind a bit of all that!" simon hancock has been talking to some of those hoping to mint some films, to print some films and make a mint. that sounded better in my head. over to you, simon. for over 100 years, hollywood has been the centre of the movie—making world. this is the city of angels, the city where people come every year to turn their dreams to reality. but those dreams, of course, don't come for free. while those in hollywood may be more used to massaging egos rather than breaking down the blockchain, it hasn't stopped them spotting an opportunity and if there is one thing people here love more than anything else, it is opportunity. six months ago, i thought nft was a football club in germany — i'm not kidding. nft stuttgart or something. as a producer working with martin scorsese on the likes of the irishman and silence, nielsjuul is used to spending years trying to get films made. and despite the rise of streamers like netflix and apple, he believes it is getting more and more difficult to secure money for independent and mid budget films. a movie like kramer vs kramer, for instance, or any big, great oscar movies that we all love and cherish, today — or at least in the last six years — would never have been made in this climate because it's simply not possible to raise the money for it. and if you do, it is an average time of 5—6 years to get it financed, because it's a complex operation and it's complex how it works. his next film, though, won't be financed through traditional means. with several other investors, niels has started nft studios — a studio he believes can democratise film financing with tokens being minted and bought by an online community. when i heard about this, there was two aspects of it that was really, really interesting. one is that these are communities that very engaged in art and music and, you know, film, et cetera but also, that they are engaged investors. and how interesting it would be to have people invest in something where they have an excitement to be involved in from it an art perspective or from a movie perspective. and then we started thinking, "oh, boy! "there's a marketing hub in every investor" and as a producer, that's the best you can get. the studio plans to make a $10 million budget movie called a wing and a prayer that focuses on the british adventurer brian milton and his quest to travel around the globe in an ultralight aircraft. the film's star will be announced next month and cameras are set to roll in malta onjune1li. those willing to part with their hard—earned cash will secure tokens in the film and, a bit like some crowdfunding campaigns, will receive perks, depending on the level of their contribution. they will also have a say in how the studio is run as part of a decentralised autonomous organisation, or dao. we don't want to have to put every single process to the dao, right? how much we're gonna pay the cameraman? how much are gonna allocate for catering when we're on malta, filming this movie? the decisions are too small and process is too long to leave everything up to the community, right? so what we want to do is let the community have this creative direction. what scripts are we gonna play? who's gonna compose the score? and, like, have that feeling of involvement without having to really deal with the really nitty—gritty stuff involved in this. coming from even like a marketing standpoint, there is no, like, "we must target this exact demographic, from the ages of 16 to 29 with this salary, from this place". that isjust not the case any more. we're — it's creating a decentralised world where people — everyone can be involved in the arts. you don't have to have millions of dollars to be involved in a film any more, and that's what's so exciting. but buying an nft can't force anyone to make a film and with all the risks in the movie game, what guarantees are there for contributors it will ever happen? we will make this movie, and i don't have a choice — we don't have a choice. we came out and said we're gonna do it, we're gonna have to do it — that's just how it is. and so, if i had to sell two of my children out of three, that's not so bad. i will sell — i don't know which one yet. i'll have to get back to you on that. no, but we will get it done. it is gold rush time for nfts, and notjust films. the market for movie memorabilia is potentially huge. and in this new frontier, that means headaches all round. this week, quentin tarantino put scans of handwritten pulp fiction script notes up for auction. i have the entire pulp fiction script, written in my own hand. the nft drop has led to a bitter legal battle between the film—maker and miramax. ..the company behind the film. kal raustiala is a professor in international law and has written extensively about nfts. he believes hollywood will be watching the outcome of the tarantino case closely. you know, there's so much money potentially to be made but if it keeps flowing, there's gonna be disputes and the disputes, again, will turn on what does the given contract say? and no—one anticipated any of this. so this will not necessarily decide the issue, because every contract is a little bit different, but it will certainly help shape some of the debate in the courts and also what's happening right now in town, here in la — how are contracts being written today? and then, will people team up to make the money or will they argue over the money? there is an air of desperation around nfting anything possible in the hopes that somehow, money will rain down. i'm not convinced that all of these things will work, but some of them may. artist versus corporation — it is a familiar hollywood story — and some do think nfts could help return some control to the artist. what i'm excited about with web3 is that it feels like a sort of renaissance — a revolution where art is coming back to the forefront and, you know, artists are in the spotlight now. that's the beauty of the blockchain. it's just there's physical proof and there is a way to track someone�*s artwork. in the end, the royalties and the money goes directly to the artist, and that is empowering. photographer, film—maker — and, yes, daughter of oscar winner al — julie pacino has been selling nfts of her photography in order to finance her upcoming debut feature. my genesis collection, i live here now, the photos from that collection inspired the screenplay from my first feature film. yes, the film will get financed with nfts but the film will also be better because of nfts. now, i have collectors who are excited about the movie, who have interpretations of the artwork about the movie that can then open my mind to things that i never even saw when i was taking the photo and so, that inspires new storylines and, you know, different ideas for characters. so far, the big companies have been reluctant to abandon their usual financial methods in favour of community—led collaboration. that may well change if the nft space continues to attract deep pockets. my good friend phil said — he quoted me from moneyball, this movie moneyball, where he said, "if you want to be the first man to walk through a wall, you're going to expect a bloody nose". and we feel that way! but we are happy with it because we know that this industry needs some disruption. the financial system of this is broken. it has not kept up with a digital streamers at all. so, it is an industry that is lagging behind modern world, digital world, streaming world and new financings worlds, and so, yeah, we are the first and that's why also, we have — we feel the pressure, definitely. traditional hollywood may not have embraced the disruptive mentality quite yet, but the thing is, if you have suggested ten years ago that martin scorsese would make a 3.5—hour movie, costing hundreds of millions of dollars, for a streaming service that used to rent out and mail dvds, you'd have been laughed out of town. it's clear that change is on the horizon. whether nfts are part of that long term is a question that only audiences will be able to answer. hello. it's that time again. welcome to the week in tech. it was the week microsoft announced it will buy candy crush and call of duty games company activision blizzard for around $70 billion. youtube�*s internal content making arm youtube originals is closing down. and some mobile networks in the usa are delaying switch on for the specific part of the 5g spectrum around us airports. this week's seen a push to clean up the world of online advertising. the advertising standards authority has called out some influencers for failing mark their instagram posts as ads, and the uk treasury announced it will pass new laws about misleading crypto asset promotions. remember the anymal, the robot that could go on two legs or four legs or even wheels? well, researchers have let it out of the lab and out on its own. the real world is harderfor a robot. some terrain may look solid but gives way when walked on. learning how to get over all kinds of surfaces remotely can help search and rescue robots like this navigate hazardous environments. and finally, you might want headphones for this one, as the australian open is now accessible to ears as well as eyes. blind and visually impaired people can now hear the position of the tennis ball, thanks to action audio, which places ball bounces and hits in 3d space. have a listen. different tones play. its inventors use real—time data from ball monitoring software already in use for umpire decisions. game, headset and match! what am i doing over there, though? what's he doing? in early 2020, pretty much the last thing ifilmed outside of the uk — just before we were all locked inside our homes — was portl, in los angeles. spoiler alert, i'm not really in the box — i'm over here! not quite a hologram but so remarkably lifelike that it really impressed me. it was a backlit cubicle and a large transparent lcd screen which really made it look like there was someone in the box. exactly two years on, i'm finally back in la and i wanted to catch up with david nussbaum to see what's happened to his idea. how have you been? it looks like you are doing ok. we're doing all right. how has the pandemic affected the course that portl took? well, i thought that we were going to be doing a lot of permanent installations a couple of years ago. i was talking about portls being permanently installed in movie theatre lobbies and hotels. everything shut down right after i said that. chuckles. so what we did was when everything shut down, we focused on live beaming. if you cannot be there, beam there. there are now more than 200 portls around the world and as long as you have a connection of 15—20 mb per second, you can talk back to the person in the box. yeah, it's more expensive than a zoom call but, of course, it's more eye—catching, too. and that's why they are also being used for advertising with some shopping malls streaming 4k animations and video from the cloud. the window of the future, you are walking into a retail location, might look something like this. i cannot listen to you at the moment because in my peripheral vision, there is a lion walking towards me on a travelator. laughs. a cgi lion. now, last time i was here, i was beamed into the portl using a very expensive 4k camera and a lot of cables. but, as i said before, technology only moves in one direction so now, would you believe, i am being filmed on a phone and sent wirelessly into the portl. now, there is a bit of a delay, admittedly, but apart from that, i'm in the box. tiktok stars, instagrammers, youtubers — they're the movie stars of today and i said, "well, if they are creating content on their phones right now, i want them to be able to create content for our devices on their phones," so we have developed an app that goes on any smartphone that allows people to remove the camera and start using their phones. what's really interesting is that once you've cracked the main problem, you can start drawing on other ideas and plugging into other existing technologies so, of course, this is going to start talking to snapchat and of course, you're going to be able to turn into ironman or mr cartoon face or... sighs. ..i don't know, whatever you want, really. donkey brays. what? what are they doing to me? and while i make an ass of myself, here is the next portl. it's not life—sized, it's desktop sized. now, there are no working prototypes yet — these are cg simulations — but there are also no real technological barriers preventing them from being built. picture a virtual assistant, so we're putting a face to alexa. we can also display your nfts and all of your digital artwork. i can see architects using this as a way to display their — the structures that they are working on. you could zoom in — it is touchscreen, it's voice—activated, so you can move it around and manipulate it. i can see little sally talking to grandma from across the pond as a way of full interaction, right? i wonder what another pioneer of the moving image, james cameron, would make of all of this? well, as it happens, we spoke to him recently, and would you believe it, the man behind the terminator is actually a bit wary of some of the latest developments from the tech world. almost everything we create seems to go wrong at some point. i have worked at the cutting—edge of visual effects and our goal has been progressively to get more and more photo real. and so, every time we improve these tools we are actually, in a sense, building a tool set to create fake media, and we are seeing it happening now. right now, the tools are people just playing around on apps, aren't that great. but over time, those limitations will go away. things that you see and fully believe you are seeing could be faked. i'm going to show you some magic. this is the great problem with us relying on video. you have to really emphasise critical thinking. "where did you hear that?" the fact that he is talking about this stuff is just absolutely amazing. you know, we have all these search tools available, but people don't use them. understand your source, investigate your source. is your source credible? but we also shouldn't be prone to this ridiculous conspiracy paranoia. you take a straight edge and you go straight edge, just to the other end, and it's flat. people in the science community don'tjust go, "oh, that's great!", when some scientist, you know, publishes their results. no, you go into this big period of peer review. it's got to be vetted and checked. the nobel committee says the work of both men could revolutionise stem cell treatment. and the more radical a finding, the more peer review there is, so good peer—reviewed science can't lie, but people's minds, for some reason, will go to the sexier, more thriller movie interpretation of reality than the obvious one. qanon is just an amalgamation of all of the greatest conspiracy theories. i always use occam's razor. occam's razor�*s a great sort of philosophical tool. it says the simplest explanation is likeliest, and conspiracy theories are all too complicated. president trump is trying to get all these people to go to jail for paedophilia, child sacrifice. people aren't that good. human systems aren't that good. people can't keep a secret to save their lives and most people in positions of power are bumbling stooges. the fact that we think they could realistically pull off these complex plots, i don't buy any of that crap. bill gates is not really trying to microchip you with the flu vaccine. laughs. you know, look, iam always sceptical of new technology — we all should be. every single advancement in technology that has ever been created has been weaponised. well, i say this to ai scientists all the time, and they go, "no, no, no! "we've got this under control," you know? "we just give the ais the right goals." so who is deciding what those goals are — the people that put up the money for research, right? which are all either big business or defence. so you are going to teach these new sentient entities to be either greedy or murderous. look, if skynet wanted to take over and wipe us out, it would actually look a lot like what is going on right now. all of us here today do not want to see our election victory stolen by emboldened radical left democrats, which is what they are doing. it's not gonna, like, wipe out the entire, you know, biosphere and environment with nuclear weapons to do it. it is going to be so much easier and less energy required to just turn our minds against ourselves. all skynet would have to do is just deep fake a bunch of people, pit them against each other, stir up a lot of foment... ..china... ..people out there... ..they're bringing crime. ..antifa. ..and then just run this gigantic deep fake on humanity. i mean, i could be a projection of an a! right now. that was james cameron. and from one film legend to another now — specifically shang—chi and the legend of the ten rings, one of the films from last year that proves there are glimmers of life returning to the box office. now, this is a marvel superhero origin story that combines impressive choreography with equally impressive visual effects and after seeing it, well, we had to see how you are a product of all who came before you. the legacy of your family. you are your mother. and whether you like it or not, you are also your father. we did the final battle with the good versus evil, the demons versus the humans. it has got everything that you really want to work on as a c6 artist. it has, you know, dragons and beasts and massive effects, and kung fu fighting. i mean, it's pretty much everything you could possibly want. you know, it's this insane action, it's this crazy action going on, dragons, and then it's like, "oh, yeah, but make it — try and make it realistic at the same time" and so, that was sort of our challenge is to always try and, you know, as fantastical as it is, try and ground it a little bit as well and not — not, yeah, not — not push it too far in either direction and, you know, from an emotion standpoint, just trying to keep it — that movement somewhat grounded in reality. and, you know, if you have got, you know, these two huge beasts fighting, you're — luckily, you have these two human characters there also, so you try and, you know, stick the camera around them, try and frame it from their prospective which, luckily, gives you a lot of scale as well. we looked at a lot of reference, even for things like, you know, dragons, it was — we are trying to always find something that would give it an element of realism. like, we are looking at, you know, sea snakes and iguanas sort of moving through the ocean and how they sort of push their tail and move around, so it was some element of, yeah, realism, despite all the craziness that was going on. it always starts with good intentions. we have had a few of these on marvel shows where they shoot something and then, the story kind of changes a little bit so they — more than once, we have had tojust roto the actiors off the plates and replace it with an entirely cg environment. it's still a bit tricky to make it feel not quite stage lit, you know, when you have an enclosed environment or a semi—enclosed environment, making sure that you can adjust the lighting to match the cg lighting and vice—versa, is a bit tricky at times. aside from the characters, we had to replace the entire environment. to get a rough idea of how render—intensive this show was, the water especially, the shot where the dragon encases the beast and all the demons are feeding him to power him up, the water alone would have taken a single—core processor 25 years to render. you can't outrun... ..who you really are. and we'll find out soon whether shang—chi has moved up from the shortlists to the list of five films which are nominated for the best vfx oscar. in the meantime, that's it from us from los angeles for this week. don't forget, we live on social media on facebook, youtube, instagram and twitter at @bbcclick. thanks for watching and we'll see you soon. milder further milderfurther north. that milder further north. that wind will continue to blow across scotland. eastern scotland doing quite well for sunshine. eastern scotland doing quite well forsunshine. parts eastern scotland doing quite well for sunshine. parts of western scotland seeing drizzle. through the coming week, a lot of dry weather, especially towards the south. temperatures six, to 10 celsius. this is bbc news the headlines at four: police will meet a conservative mp who's accused government whips of trying to "blackmail" politicians who've tried to oust borisjohnson. the first shipment of american military aid to ukraine arrives there — after talks over russia's troop build—up on the border. the un has condemned an air strike on a yemen detention centre that has killed more than 80 people. a week after tonga was devastated by a volcanic eruption and tsunami, humanitarian aid begins to reach the tens of thousands of people affected. the actor arnold schwarzenegger is involved in a multi—vehicle crash in los angeles — one person is in hospital, but it's not thought their injuries are life—threatening.