OpenAI hopes the Disney deal boosts Sora, which has high costs and limited traction; Sensor Tower: users average 13 minutes per day on Sora vs. 90 on TikTok
Sora has struggled to build an engaged audience despite already hosting bootleg content from the Hollywood studio
Q&A with CEO Cristóbal Valenzuela on Runway's “world models” breakthrough, how it differs from typical AI video generation, the Lionsgate partnership, and more
Co-founder of the first AI platform to partner with a Hollywood studio on video generation talks …
Lionsgate, the studio behind The Hunger Games, John Wick, and Twilight, signs a deal with Runway to use generative AI in its movies and TV shows
Hollywood studio will give the tech company access to its library of movies and shows in exchange for a custom-built AI model
Sources: Andy Jassy asked Amazon's Hollywood studio for detailed budgets to scrutinize ballooning costs; Amazon spent $7B on originals and other shows in 2022
I am off this week; that means no newsletter Sunday. — (Tips are still welcome at lshaw31@bloomberg.net or on Signal.
Interviews with more than 24 people involved in the AT&T/Time Warner merger, including Jeff Bewkes and Randall Stephenson, detail how it went disastrously awry
At Time Warner, executives saw AT&T as just a “big phone company from Texas.” At AT&T, they thought Hollywood would play by their rules. Tweets: @jamesstewartnyt , @nytimes , @dandrezner , @nickconfe...
Amazon closes its $8.5B MGM acquisition, two days after the EU's antitrust regulator “unconditionally” approved the deal as the business overlaps are “limited”
Welcome back to a new edition of Lab Weekly. Robert / Transistori : Amazon omistaa nyt MGM:n The Verge : MGM is now part of Amazon Aisha Malik / TechCrunch : Amazon completes $8.5 billion acquisition ...
Child stars on Instagram and YouTube aren't being protected by child labor laws, which were designed to prevent exploitation by parents and employers
‘Kidfluencers’ are earning millions on social media, but who owns that money? — They open boxes, play with toys, pull pranks and make slime. Tweets: @juliacarriew , @juliacarriew , @juliacarriew , @...
Timeline of Amazon's rise as it now gets 40%+ of all spending by US consumers online; 54% of US households with internet use Prime; and Alexa has 30,000+ skills
Amazon has grown into a $178 billion-a-year revenue business with online retail, a dominant cloud-services business, a grocery chain and a Hollywood studio. Tweets: @scottmaustin Tweets: Scott Austin ...
Apple has signed deals to sell movies in 4K with every major Hollywood studio, except Disney
Apple TV will offer Hollywood movies in the high-resolution format, called either 4K or UHD, for ultra-high definition — Apple Inc. AAPL -.40% has signed new deals to sell movies …
Sources: Apple is in talks to move its original content division to The Culver Studios, the iconic Hollywood studio where Gone With The Wind was filmed
Financial Times :