Tag: hollywood

The 97th Academy Awards face challenges as the movie industry grapples with declining box office revenue, lower audience engagement, and a lack of major blockbuster nominees. With no billion-dollar hits like Barbenheimer, this year’s Best Picture lineup has underwhelmed commercially,…

Cineverse has launched Matchpoint Reel Visuals AI, a service enabling content owners to monetize assets for AI training via non-exclusive revenue-sharing agreements. This platform bridges independent studios and AI platforms, addressing the growing demand for datasets while ensuring ethical use…

Deloitte’s Tech, Media & Telecom 2024 report reveals Hollywood's cautious approach to generative AI due to legal, copyright, and maturity concerns. Studios are exploring AI to address rising costs and unprofitable streaming ventures, focusing on tools for localization, marketing, and…

Dan Calzone, in his debut on The Streaming Wars, discusses how influencers are displacing traditional movie stars as younger audiences prioritize authentic, short-form content over polished productions. Platforms like YouTube and TikTok, with their vast reach and direct fan connections,…

Variety examines Riot Games’ faltering entertainment ambitions, spotlighting Arcane as its sole TV success. Originally intended as part of a larger entertainment slate, Arcane’s high costs, estimated at $250 million, reveal Riot’s challenges in navigating Hollywood despite industry hires and…

Hollywood's leadership remains dominated by aging executives like Tom Rothman and Bob Iger, sparking frustration among younger professionals who see limited opportunities for advancement. Economic pressures, layoffs, and a lack of clear career paths are driving many mid-level executives to…

The LA Times reports that AI companies like OpenAI have pitched Hollywood studios on the potential of AI tools to streamline the production of films and TV shows, but major partnerships have yet to materialize. Despite a high-profile deal between…

The homie Evan Shapiro discusses the media landscape with The Hollywood Reporter, critiquing Hollywood's rush into streaming without analyzing DTC implications. He emphasized that while "content is still king, data is the bloodline," urging collaboration and data prioritization among media…

Lionsgate has partnered with AI firm Runway, becoming the first major Hollywood studio to use AI in production. The deal will utilize AI for pre-production tasks like storyboarding, offering potential cost savings but sparking concerns over job displacement. With over…

Lionsgate has partnered with AI research firm Runway to develop a custom generative AI model tailored to Lionsgate's content. This marks the first collaboration between Runway and a major Hollywood studio, with the AI aimed at supporting filmmakers in preproduction…