OpenAI Said to Court Hollywood in Meetings With Film Studios 1a572u Directors

OpenAI scheduled introductory conversations in Hollywood led by COO Brad Lightcap in late February. u163

By Thomas Buckley, Lucas Shaw and Shirin Ghaffary, Bloomberg | Updated: 23 March 2024 14:00 IST

OpenAI Said to Court Hollywood in Meetings With Film Studios, Directors

Photo Credit: Bloomberg 2x1m1w

OpenAI CEO Sam Altman attended parties in Los Angeles during the weekend of the Academy Awards

Highlights

OpenAI has held meetings with Hollywood studios and media executives
The company's COO has also demonstrated the firm's new Sora tool
Sora is capable of generating short, high-res videos from text prompts

ment

OpenAI wants to break into the movie business.

The artificial intelligence startup has scheduled meetings in Los Angeles next week with Hollywood studios, media executives and talent agencies to form partnerships in the entertainment industry and encourage filmmakers to integrate its new AI video generator into their work, according to people familiar with the matter.

The meetings are just the latest round of outreach from OpenAI in recent weeks, said the people, who asked not to be named as the information is private. In late February, OpenAI scheduled introductory conversations in Hollywood led by Chief Operating Officer Brad Lightcap. Along with a couple of his colleagues, Lightcap demonstrated the capabilities of Sam Altman attended parties in Los Angeles during the weekend of the Academy Awards.

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The Silicon Valley. Sora isn't available to the public yet, but OpenAI has already granted access to a few big-name actors and directors.

“OpenAI has a deliberate strategy of working in collaboration with industry through a process of iterative deployment – rolling out AI advances in phases – in order to ensure safe implementation and to give people an idea of what's on the horizon,” a spokesperson for OpenAI said in a statement. “We look forward to an ongoing dialogue with artists and creatives.”

AI is a divisive subject in Hollywood. Many filmmakers and studios already rely on AI in pre-production and post-production, and recognize the promise of a new crop of artificial intelligence tools. But the rise of generative AI services — which can quickly spit out text, images, audio and, increasingly, short videos in response to queries from s — has also raised concerns about upending the livelihoods of everyone from illustrators to voice actors.

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Screenwriters and actors went on strike last year in part to fight for protections with the use of the technology. Both unions later secured some safeguards for how AI is used in the entertainment industry. Media companies are also wary of allowing OpenAI to train its models on their work without compensating them. Outlets including CNN, Fox Corp. and Time Magazine have had discussions about licensing their work to OpenAI, Bloomberg has reported.

OpenAI is courting Hollywood as it tries to catch up with the competition. Technology giants Stability AI, are working on this technology as well.

Runway, a leader in the market, previously told Bloomberg that its Gen-2 text-to-video service is already being used by millions of people, including professionals at production and animation studios who rely on it for previsualization and storyboarding. Film editors are also creating videos with Runway and combining them with other footage to make B-roll or visual effects, the company said.

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OpenAI's Sora is still in the research preview stage, the company said, and no pricing has been set.

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