TLDR · BIG TECH & STARTUPS
OPENAI'S SORA FILMMAKING TOOL MEETS RESISTANCE IN HOLLYWOOD
Summary from the TLDR newsletter
OpenAI has been talking to the movie industry's largest studios for months, but those talks have yet to produce any deals. Studios are reluctant to get into business with an AI company as it may anger the labor unions that they work with. Screenwriters and actors have been urging studios to police tech companies and ensure that their work isn't being used illegally. OpenAI found a receptive audience among some filmmakers when it released its Sora AI video generator early last year, but conversations with studios have been more complicated. While studios recognize that AI is already changing how people work, they are reluctant to hand over their most valuable assets to large tech firms without receiving a significant payout.