Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-05-24 00:00:33| Engadget

Meta and Google are offering Hollywood studios millions of dollars with the hope of striking licensing deals that could improve their models for AI-generated video, according to a new report in Bloomberg. The companies have reportedly offered tens of millions of dollars, though its unclear what will come from the talks. According to the report, Netflix and Disney arent willing to license their content but have expressed interest in other types of collaborations. Warner Brothers Discovery has reportedly indicated a willingness to license some of its programs. A spokesperson for Meta declined to comment. Google didnt immediately respond to a request for comment. The companies, it seems, are hoping such deals would help advance their video generation tools. Google recently showed off a text-to-video model, called Veo, and tapped Donald Glover to promote its capabilities. Meta is also researching AI-generated video. Theres been something of an arms race among AI firms to forge licensing deals with media companies. OpenAI and NewsCorp announced a multi-year deal to bring news content to ChatGPT earlier this week. Meta is also considering paying publishers to access news, photo and video content to train its AI models, Business Insider reported. But, as Bloomberg points out, Hollywood studios may have some reservations about such deals. Though AI-editing tools may be appealing, there has been widespread concern in the entertainment industry about how AI companies might use their creative work. That tension burst into full view this week when Scarlett Johansson accused OpenAI of copying her voice for its Sky assistant in ChatGPT after she declined to partner with the company herself. OpenAI has denied claims that it tried to mimic her voice, though the company has yet to explain that one Sam Altman tweet.This article originally appeared on Engadget at https://www.engadget.com/meta-and-google-want-to-make-ai-deals-with-hollywood-studios-220033138.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

11.01Google's new commerce framework cranks up the heat on 'agentic shopping'
11.01California's governor plans to set aside $200 million for state EV tax credits
11.01Wing's drone deliveries are coming to 150 more Walmarts
10.01Elon Musk says X's new algorithm will be made open source next week
10.01GameStop reportedly shuts down more than 400 US stores
10.01An Instagram data breach reportedly exposed the personal info of 17.5 million users
10.01Dont count on Baldurs Gate 3 coming to Switch 2, as least for now
10.01SpaceX can deploy 7,500 more Starlink Gen2 satellites with FCC approval
Marketing and Advertising »

All news

12.01After asset quality hit, small finance banks to sharpen risk controls for 2026
12.01Nifty in a bear hug, needs to break above 26,100 levels: Analysts
12.01Oil marketers may gain, producers may drain in Q3
12.01India's risk-reward prospects fine but not stellar; China threat a worry: Bhanu Baweja, UBS Investment Bank
12.01TCS to log a steady Q3 amid AI pivot, IT spending trend in focus
12.01Why luxury carmakers are now building glitzy skyscrapers
12.01Looking sharp! Trent plans high store density in mature markets
11.01Google's new commerce framework cranks up the heat on 'agentic shopping'
More »
Privacy policy . Copyright . Contact form .