Hollywood & Tech Giants Eye AI Content Licensing

Rachana Saha

AI Content Licensing in Hollywood: Tech giants negotiate content licensing with Hollywood for AI video software.

Financial incentives offered to studios while safeguarding intellectual property in AI content creation.

Studios cautiously explore artificial intelligence's cost-cutting potential amidst concerns for rights.

Substantial financial gains seen, e.g., News Corp.'s $250M deal with OpenAI.

Hollywood grapples with AI's impact, sparking calls for regulation and tensions over licensing.

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