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Lionsgate has struck a deal with AI firm Runway to develop a generative AI tool that’s specifically built on the studio’s vast film and TV library of 20,000 titles. The Big Picture: Despite every Hollywood studio flirting with the idea, Lionsgate is the first to publicly partner with an AI company — a move that could conjure some very […]
Risky takes on well-known IP or existing franchises have been a success story for Hollywood this year, which offers an exciting path for bold filmmakers to play in a big-budget sandbox. The Big Picture: As the American film and TV industry contracts after years of unbridled spending in streaming, studios have focused their development dollars on […]
Netflix is in talks with BuzzFeed’s First We Feast to stream exclusive live episodes of the hit YouTube talk show Hot Ones, which would give the streamer a major asset for its live programming ambitions. Why It Hits: Netflix has been dipping its toes into live programming for the past couple of years, recently stepping up with deals […]
The South Korean government plans to build a new development dedicated to all things entertainment — including film and TV production, K-pop incubation, and gaming — in order to create a cultural hub and jumpstart tourism. The Big Picture: Korean content has exploded in popularity all around the world. By building its own version of Hollywood, South Korea […]
With The Tonight Show Starring Jimmy Fallon officially joining every other late-night show by dropping Fridays from their live schedules, the whole industry is looking for ways to cut costs as audiences cut the cord. Why It Hits: Late-night shows used to be one of the most dependable cash cows for networks and cable brands, but the rise of […]
The UFC is gearing up to debut the first-ever, live sporting event inside the Sphere in Las Vegas with UFC 306 on Saturday, September 14th, which will broadcast all across the world. The Big Picture (literally): Sports and entertainment have been blending for decades, but it feels like they’ve been supercharged over the past decade. By literally blending […]
Taylor Swift is still dating Kansas City Chiefs star Travis Kelce, which means the artist is very much front and center of NFL coverage — a phenomenon that’s having major reverberations for game viewership, fan spending, and media priorities. The Big Picture: While the Super Bowl has always been star-studded, the NFL is capitalizing on turning every Chiefs […]
Warner Bros. Discovery is merging its owned and operated experiences division with its licensed entertainment division to form the new Global Experiences division — an attempt to exert greater creative and financial control over the experiences built from the studio’s IP. The Big Picture: Younger consumers are spending more money on experiences than any previous generation. Now, every […]
YouTube has become the first streaming platform to break 10% of TV viewership and the first streamer to account for the most TV viewership in a single month. The Big Picture: YouTube is officially TV now, which could reshape how the company does deals on everything from ad sales to sports rights. Between the Lines: YouTube had a great July, per Nielsen’s […]
The SAG-AFTRA-backed bill that gives working actors protection from the creation of deepfakes has officially passed California’s Senate and is on the fast track to being signed into law. The Big Picture: The use of digital doubles by studios and streamers was a major point of contention during last year’s actors’ strike, so California’s passage is a win for workers’ […]