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Sources: Alphabet and Meta are in talks with Hollywood studios about licensing content for use in AI video generation tools; Disney and Netflix aren't willing (@lucas_shaw / Bloomberg) https://t.co/IKBON6Jlr5 https://t.co/fytmtW7ds4
Sources: Alphabet and Meta are in talks with Hollywood studios about licensing content for use in AI video generation tools; Disney and Netflix aren't willing (@lucas_shaw / Bloomberg) https://t.co/yJJMtvy59p 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/cUUl8EtP9A
📣 JUST IN: $GOOGL Alphabet and $META Meta Seek Hollywood Content for AI Video Generation $NFLX $DIS $MSFT $AMZN $NVDA $WBD 👉 Key Highlights: 📍 Alphabet and Meta discuss content licensing with Hollywood studios for AI video generation. 📍 Offers of tens of millions of… https://t.co/QAjaf4AD4j
Meta and Alphabet ($GOOGL, $META) are in discussions with major Hollywood studios about licensing content for use in their AI video generation tools. The tech giants are offering substantial financial incentives, with offers reaching tens of millions of dollars. The negotiations aim to secure access to extensive media libraries and data necessary for training AI systems. While no agreements have been finalized, Disney and Netflix have shown reluctance to participate, but some studios are intrigued. The potential deals highlight the increasing intersection of technology and entertainment industries. Additionally, Meta is considering new paid deals with media publishers for AI training data, reflecting a broader strategy to enhance its AI capabilities.
