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The Communiqué News

The excitement surrounding generative artificial intelligence — a new breed of software capable of creating content across several sorts of media — is unparalleled in the corporate world.


Pritish Bagdi

That is why it is critical for the entertainment business to have a particular report that analyses the implications of this potentially revolutionary technology. "Generative AI & Entertainment" is Variety Intelligence Platform's attempt to cut through the hype and provide a clear understanding of how the worlds of film, television, music, and gaming can harness everything from ChatGPT to the software you may have never heard of in conjuring up text, code, image, voice, melody, and video.

According to International Data Corp.'s "Worldwide Artificial Intelligence Spending Guide," the media industry will witness the greatest rise in AI investment of any industry, with a five-year compound annual growth rate above 30%. To spend that money wisely, though, meticulous planning is required, which this report can help with.

Is Hollywood on the verge of becoming a world where machines replace screenwriters? Or can next-generation AI technologies genuinely help artists create work faster and better than ever before? Will Bollywood follow the AI clan? These are only a few of the important questions addressed in this study (as well as its predecessor from October 2020), making it a necessary read for industry professionals operating at all levels of the organisation.





Los Angeles [US], April 9: 'Snowfall' star Damson Idris has joined Hollywood superstar Brad Pitt in 'Formula One' film.


Swati Bhat

The update has been shared by The Hollywood Reporter.

Joseph Kosinski is set to direct the racing movie, as well as produce alongside Jerry Bruckheimer. Ehren Kruger, one of the writers on Maverick, will pen the screenplay. The Apple project will see Pitt, according to the project's synopsis, "as a former driver who returns to the sport. Damson Idris joins as his teammate." The untitled Formula One film will receive theatrical distribution, with an exclusive -- and global -- run of at least 30 days before heading to the Apple TV+ platform.

The tech giant, which counts the Cannes-bound Killers of the Flower Moon and Ridley Scott's Napoleon as upcoming releases, has been gearing up to release more films theatrically. Apple is partnering with Paramount for the October theatrical release of Martin Scorsese's Flower Moon. Apple landed the package in one of 2022s biggest deals. At the time, sources told Deadline the package was in the USD130 million-USD140 million range, before above-the-line compensation. Apple is also currently working with Pitt and Plan B Entertainment on a Jon Watts-directed film that stars Pitt and George Clooney.




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