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Studio Expansion

All articles tagged with #studio expansion

entertainment1 year ago

"Tyler Perry Delays $800M Studio Expansion Due to Concerns Over OpenAI's Sora Model"

Tyler Perry has put an $800 million expansion of his Atlanta studio on hold after being impressed by OpenAI's Sora technology, which has the potential to create minute-long videos based on user prompts. Perry expressed concern about the impact of AI on the film industry, particularly in terms of job loss, and called for industry-wide unionization to protect individuals. Despite using AI in his own productions, Perry feels no pressure to continue doing so due to his studio's success, but he worries about the future of those he has trained and brought up in the industry.

via USA TODAY|
#ai#entertainment#film-industry
entertainmenttechnology1 year ago

"Tyler Perry Pauses $800M Studio Expansion Over OpenAI's Sora Threat"

Filmmaker Tyler Perry has put his $800 million studio expansion plans in Atlanta on hold due to the advancements in AI technology, particularly OpenAI's new tool, Sora, which can create visually complex shots of subjects and their backgrounds. Perry recognizes the potential cost-saving benefits of the technology but is concerned about the impact on jobs in the industry. He admits to using AI in two upcoming films but remains cautious about its widespread use, emphasizing the need for vigilance and potential legislative measures to address the broader impact of AI advancements across various industries.

via Fox Business|
#ai-advancements#atlanta#entertainmenttechnology
entertainmenttechnology1 year ago

"Tyler Perry Halts $800M Studio Expansion Due to Sora AI Concerns"

American filmmaker Tyler Perry has scrapped an $800 million studio expansion plan after witnessing the capabilities of OpenAI's Sora, a text-to-video machine learning algorithm. Perry is concerned about the impact of AI on jobs in the entertainment industry, as it could potentially lead to significant job losses. Despite the current limitations of AI technology, Perry is experimenting with AI in his upcoming films and hopes that the industry and Congress will come together to protect jobs and human compassion in the face of advancing AI capabilities.

via The Register|
#ai#entertainmenttechnology#film-industry
entertainmenttechnology1 year ago

"Tyler Perry Pauses $800M Studio Expansion Due to OpenAI's Sora Concerns"

Tyler Perry has halted his planned $800 million studio expansion in Atlanta due to concerns over the impact of artificial intelligence, specifically citing OpenAI's text-to-video tool Sora as the reason for the stoppage. While Perry acknowledges the potential of AI to assist in filmmaking, he fears the potential job losses in the industry and hopes that the value of human workers isn't lost in the shuffle. This decision comes as Perry expands his deal with Netflix, adding a multi-year, first-look series pact to the previous feature film pact.

via Variety|
#ai-concerns#automation#entertainmenttechnology
entertainmenttechnology1 year ago

"Tyler Perry Halts $800M Studio Expansion After Witnessing OpenAI's Sora: Impending Job Losses"

Tyler Perry has put an $800 million studio expansion on hold after witnessing the capabilities of OpenAI's Sora, a text-to-video model, expressing concerns about potential job losses in the entertainment industry due to AI advancements. He has used AI in two upcoming films to streamline production processes but worries about its impact on industry professionals. Perry calls for industry-wide collaboration and government intervention to address the rapid changes and protect livelihoods.

via Hollywood Reporter|
#ai#entertainment-industry#entertainmenttechnology
gaming2 years ago

Respawn expands with third studio to ensure long-term success of Apex Legends.

Respawn Entertainment has opened a third studio in Madison, Wisconsin, to support the development of its free-to-play battle royale game, Apex Legends. The studio will focus on live service operations and may contribute to other projects in the future. Respawn CEO Vince Zampella said the company believes Apex Legends will be a franchise that lasts for "10, 15 years or more". The move comes after the cancellation of Apex Legends Mobile, with the company saying it was unable to maintain the quality it expected.

via Eurogamer.net|
#apex-legends#game-development#gaming