Hollywood

OpenAI's Sora Film-making Tool Faces Pushback from Hollywood

2 months ago

In a sweeping move that could reshape the creative landscape of the film industry, OpenAI has launched Sora, an innovative film-making tool designed to enhance the creative process through artificial intelligence. However, despite its potential, the tool is encountering significant resistance from Hollywood insiders and creatives.

Tencent's Stake in Skydance and Paramount Deal Under Congressional Microscope

3 months ago

In a significant turn of events in the realm of media investments, Tencent Holdings Ltd.'s financial connection to the Hollywood studio Skydance Media is drawing heightened scrutiny from U.S. lawmakers. This uneasy attention arises against a backdrop of growing federal concerns regarding foreign investments in crucial industries, particularly those that could potentially influence national security and cultural narratives.

Streaming Service Showdown: Highlights from Hollywood's Annual Awards

4 months ago

In the ever-evolving landscape of entertainment, annual awards ceremonies provide a pivotal moment to reflect on the best and worst of the industry. Recently, a popular newsletter from Bloomberg unveiled the outcomes of its survey, revealing insightful perspectives on the best streaming service, the least favored studio, and the top director in Hollywood for 2024.

Concerns Mount Over Skydance and Paramount Deal as TV Studio Raises Red Flags

4 months ago

In a surprising turn of events, a television production studio has flagged multiple issues regarding the recent partnership between Skydance Media and Paramount Pictures. This collaboration was initially touted as a significant alliance set to redefine the landscape of entertainment production. However, insiders have expressed growing apprehension over various aspects of the deal that may not be immediately apparent to the public.

CJ Enters the Global Arena with a Massive $750 Million Annual Investment

6 months ago

CJ ENM Co., the South Korean media giant behind popular K-dramas, added a bold move to rise as a key player in the global entertainment market by announcing plans to invest an annual $750 million to increase production capacity that can rival Hollywood with a suite of productions that appeal broadly.

Is Hollywood's Future Bright? Netflix, YouTube, and Tubi Offer Reasons for Optimism

6 months ago

While Hollywood struggles to find its way through the muddy waters of a changing entertainment landscape, a few of the steaming platforms stand out in line, beckoning like beacons of hope. Giants such as Netflix, along with platforms like YouTube and Tubi, have increasingly become hubs for new opportunities and innovative strategies that may well redefine the future. The article examines those emerging trends and what they portend for both consumers and creators.