TheFutureParty
A Community-based Media Company
The Future. Google parent company Alphabet and Meta have discussed with Hollywood studios about licensing content to train its upcoming video-generating AI software… and studios have at least entertained those talks. Those developments — coupled with the Scarlett Johansson/OpenAI drama and the fact these systems may already be trained on Hollywood content — might spur more talent to protect their likeness by copyrighting their […]
The Future. Legendary Entertainment has evolved from a co-financier of blockbuster films to a full-fledged production studio that’s ruling Hollywood this year. Armed with plenty of cash and support from a huge private equity firm, expect Legendary to make a key acquisition in 2024 that could turn it into the next major studio like Warner […]
The Future. Sony Pictures Entertainment is considering joining Apollo Global Management’s bid to acquire Paramount Pictures. The move would consolidate two of the major Hollywood studios (similar to when Disney acquired 20th Century Fox in 2019) and put Sony in the streaming business with Paramount+. If a potential deal is accepted, it may be DOA […]
The Future. A new bill introduced by California Representative Adam Schiff that has the backing of every major Hollywood union hopes to raise the curtain on all the copyrighted works that generative AI systems are trained on. While the bill still has a long way to go, it may force AI companies to start purging […]
The Future. With video game-based movies making $712.2 million at the domestic box office last year (2x more than the year before), Hollywood is all-in on the IP for its next generation of franchises. Just as Marvel started to connect its franchises through movies and shows, don’t be surprised if studios and game developers start […]
The Future. Universal was the most financially successful studio at the box office in 2023 and the studio that won the most Oscars this past weekend — the first time that has happened this century. Don’t be surprised if every studio in Hollywood pivots to follow Universal’s strategy and releases a lot of movies in […]
The Future. As Hollywood tries to figure out what exactly makes a film a must-see in theaters, a couple of studios are releasing multiple movies from a franchise within the same year as an experiment — a move that could save both production and marketing costs. If the movies are successful, the line between film […]
The Future. As more studios and production companies start to rely on AI to assess scripts, a new platform called Gauntlet wants to ensure that aspiring screenwriters can have their scripts read by actual people. If Gauntlet helps get some scripts sold from unknown screenwriters, it could push studios to open up a more accessible […]
The Future. OpenAI’s Sora is just the first stab at AI’s revolution of or attack on Hollywood (depending on who you ask) — the exact fear that powered much of last year’s strikes. Whether or not AI fully replaces some Hollywood crew members, the cost-cuts of using AI could lead to a boom in effects-driven […]
The Future. In the aftermath of last summer’s writers strike, a community survey from Humanitas reveals the food insecurity that writers in the film and TV industry face due to the unpredictability of work. If conditions don’t improve, more screenwriters may have to look elsewhere for livable wages. Breaking bread The nature of the industry, which […]