China's Netflix (iQiyi) just said: AI will make most of their content within 5 years. This looks ordinary to us, AI startuppers. But for the entertainment industry selling IP, it's a big deal. Why?
When your revenue drops 7% and profits crash 81%, "AI revolution" is a very convenient thing to believe in. 16 AI films already in production. There will be the only job for actors who have created&licensed their AI avatars. The platform simultaneously slash budgets AND announce a creative revolution: the revolution IS the budget slash :) The motherfuckers just gave it a cooler name
Western studios are all on the same track. They're just still figuring out how to say it with a proper face
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A new wave of “big directors” is coming straight out of YouTube. Not film school. Not studio pipelines. Literally two kids who started with home videos. Small budgets. Combined opening: $200M. The box office last weekend:
- Obsession — has crossed $104M, made for $750K by 26-year-old YouTuber Curry Barker. Shot in 20 days
- Backrooms — just opened to $118M worldwide. $10M costs. Directed by Kane Parsons, a 20 years old YouTuber
Hollywood business will never be the same. But most people in the old system are still pretending nothing's happening
#AI #AIFilm #Hollywood #Disruption #ContentCreators #Obsession #Backrooms
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