Lionsgate signs a deal with the devil (an AI startup)

Remember when the Writers Guild of America (WGA) and SAG-AFTRA went on strike for months, in great part to get protections against AI? Well, while they did get some stipulations in there, it's not stopping AI from coming to Hollywood anyways. Lionsgate, the studio behind the John Wick and Hunger Games franchises, has struck a deal with AI startup Runway, the Wall Street Journal first reported and Runway confirmed in a press release. The arrangement will allow Runway access to Lionsgate's content library in exchange for a fresh, custom AI model that the studio can use in production and editing. The deal is similar to recent (and equally icky feeling) ones with publishing houses such as TIME and Dotdash Meredith, but it is the first of its kind for the film and TV industry. Vice chairman of Lionsgate Studio, Michael Burns, said that in recent months, he feared falling behind competitors without a step like this. "Runway is a visionary, best-in-class partner who will help us utilize AI to develop cutting edge, capital efficient content creation opportunities," Burns stated. He then claimed, "Several of our filmmakers are already excited about its potential applications to their pre-production and post-production process." There's also the small matter that he expects the company will save "millions and millions of dollars" through this agreement. Whether that money will come out of creatives' paychecks is something we can only speculate about now, but it wouldn't be... Continue reading at 'Engadget'

[ Engadget | 2024-09-18 15:10:46 UTC ]
News tagged with: #michael burns #feared falling #best-in-class partner #burns stated #potential applications #post-production process #small matter #faced accusations #pilfering content #youtube videos #gen-3 model #copyright infringement #reports artnet #plaintiffs garnered #publishing houses

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Only 20% of US indies sign up to Google Editions

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[ The Bookseller | 2011-05-16 00:00:00 UTC ]
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Only 20% of US indies signed up to Google Editions

Written By: Lisa Campbell Publication Date: Mon, 16/05/2011 - 15:20 Only 20% of American Booksellers Association (ABA) members have signed up to the Google E-books programme, the head of the ABA has said. read more Continue reading at The Bookseller

[ The Bookseller | 2011-05-16 00:00:00 UTC ]
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Random UK signs to agency model

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[ The Bookseller | 2011-05-10 00:00:00 UTC ]
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Conde Nast Strikes Subscription Deal with Apple

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[ Folio Magazine | 2011-05-10 00:00:00 UTC ]
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Hearst, Apple Reach Deal to Bring Subscriptions to iPad

Hearst will begin selling iPad subscriptions to Esquire, Popular Mechanics, and O, The Oprah Magazine. Continue reading at PC World

[ PC World | 2011-05-05 00:00:00 UTC ]
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Hearst Strikes Deal with Apple on iPad Subscriptions [Voices]

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[ AllThingsD | 2011-05-05 00:00:00 UTC ]
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Forbes Officially Signs On to Flipboard

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[ Folio Magazine | 2011-05-05 00:00:00 UTC ]
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[ Folio Magazine | 2011-05-03 00:00:00 UTC ]
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Sandra Boynton Demonstrates App, Signs Books--and a Few Nooks

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[ Publishers Weekly | 2011-05-03 00:00:00 UTC ]
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Time Inc. in iPad Deal With Apple [Voices]

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[ AllThingsD | 2011-05-02 00:00:00 UTC ]
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Faber signs Ken Livingstone memoir

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[ The Bookseller | 2011-04-28 00:00:00 UTC ]
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Would You Sign My Kindle? [Voices]

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[ AllThingsD | 2011-04-15 00:00:00 UTC ]
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Beautiful Books signs Real Man cookbooks

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[ The Bookseller | 2011-04-12 00:00:00 UTC ]
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Orion signs Colin Montgomerie memoir

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[ The Bookseller | 2011-04-11 00:00:00 UTC ]
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HC signs two more from Candace Bushnell

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[ The Bookseller | 2011-04-11 00:00:00 UTC ]
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[ AllThingsD | 2011-04-11 00:00:00 UTC ]
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Tindal Street signs festival find

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[ The Bookseller | 2011-04-07 00:00:00 UTC ]
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[ The Bookseller | 2011-04-06 00:00:00 UTC ]
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Paver and Seuss among new Bologna deals

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[ The Bookseller | 2011-03-29 00:00:00 UTC ]
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[ The Bookseller | 2011-03-28 00:00:00 UTC ]
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