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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Book Deals: Week of July 3, 2023

Tradd Street series author Karen White sells two standalone novels to Park Row, Berkley buys a New Orleans–set horror debut, and more. Continue reading at Publishers Weekly

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Adams, council reach $107B budget deal after tense talks

The deal reverses proposed cuts to libraries despite financial strains on the city Continue reading at Crains New York

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Book Riot’s SFF Deals for June 26, 2023

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The best Amazon Prime Day early access deals for 2023

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Book Deals: Week of June 26, 2023

Judi Dench sells a book on Shakespeare to St. Martin’s, Gallery’s 13a imprint buys a memoir from Nia Long, and more. Continue reading at Publishers Weekly

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Cannes Today—AI obsession, Edelman stalked, Spike Lee's Cannes take and more

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Hitting the Books: Why AI won't be taking our cosmology jobs

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Baldacci Re-Ups at Grand Central with Eight-Book Deal

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Illinois Governor Signs Landmark New Law to Discourage Book Bans in Libraries

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Book Riot’s SFF Deals for June 12, 2023

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Book Deals: Week of June 12, 2023

Park Row bets on a debut historical novel, musician Orenda Fink sells a book to Gallery, and more. Continue reading at Publishers Weekly

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Google and Facebook urged by EU to label AI-generated content

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