{"id":194377,"date":"2024-05-24T13:45:00","date_gmt":"2024-05-24T13:45:00","guid":{"rendered":"https:\/\/ibkrcampus.eu\/uncategorized\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/"},"modified":"2024-05-27T11:07:28","modified_gmt":"2024-05-27T11:07:28","slug":"alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/","title":{"rendered":"Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-zinger-key-points\">ZINGER KEY POINTS<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Alphabet and Meta are in talks with Hollywood studios to license content for their AI video generation software, offering substantial sums.<\/li>\n\n\n\n<li>Hollywood studios want to cut costs with AI but ensure their work isn\u2019t misused, as seen in Scarlett Johansson\u2019s demand to OpenAI.<\/li>\n<\/ul>\n\n\n\n<p><strong>Alphabet\u00a0Inc.<\/strong>\u00a0and\u00a0<strong>Meta Platforms\u00a0Inc.<\/strong>\u00a0have discussed licensing content with major Hollywood studios for their AI video generation software.\u00a0<\/p>\n\n\n\n<p>These companies are developing technology to create realistic scenes from text prompts and have offered substantial sums to partner with studios.&nbsp;<\/p>\n\n\n\n<p>Peer\u00a0<strong>Microsoft Corp<\/strong>\u00a0backed OpenAI\u00a0is engaged\u00a0in similar talks,\u00a0Bloomberg\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-23\/alphabet-meta-offer-millions-to-partner-with-hollywood-on-ai?srnd=technology-vp&amp;sref=TBDibEcD\" target=\"_blank\" rel=\"noreferrer noopener\">reports<\/a>.<\/p>\n\n\n\n<p>Hollywood studios want to use AI to cut costs but ensure their work isn\u2019t misused. They are cautious about licensing content without control over its use.&nbsp;<\/p>\n\n\n\n<p>Recently, Scarlett Johansson&nbsp;<a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/general\/entertainment\/24\/05\/38989290\/scarlett-johanssons-feud-with-openai-puts-a-human-face-on-hollywoods-ai-fears\" rel=\"noreferrer noopener\">demanded that OpenAI stop<\/a>&nbsp;using a voice resembling hers for its chatbot.<\/p>\n\n\n\n<p>On Wednesday,\u00a0<strong>News Corp <\/strong>agreed to let OpenAI use content from its publications in a deal potentially worth over $250 million over five years.\u00a0<strong>Warner Bros. Discovery Inc<\/strong>\u00a0is open to licensing specific programs but not its entire library.\u00a0<\/p>\n\n\n\n<p><strong>Walt Disney Co<\/strong>\u00a0and\u00a0<strong>Netflix Inc<\/strong> are\u00a0<a href=\"https:\/\/www.benzinga.com\/news\/23\/08\/33631846\/disney-and-artificial-intelligence-whats-cooking\" target=\"_blank\" rel=\"noreferrer noopener\">interested in other collaborations<\/a>\u00a0but not licensing their content.<\/p>\n\n\n\n<p>New AI tools, like OpenAI\u2019s Sora and Alphabet\u2019s Veo, promise to help filmmakers create vivid clips from text descriptions, causing excitement and anxiety in the industry.<\/p>\n\n\n\n<p>Previously, the U.S. Big Tech companies and news publishers&nbsp;<a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/news\/23\/12\/36236482\/googles-ai-search-a-double-edged-sword-for-publishers-like-the-atlantic\" rel=\"noreferrer noopener\">were at loggerheads<\/a>&nbsp;over AI\u2019s influence, particularly regarding the unauthorized use of the latter\u2019s content for AI training.&nbsp;<\/p>\n\n\n\n<p>Google\u2019s AI search bred concerns for publishers&nbsp;over&nbsp;losing a substantial portion of their Google-generated traffic.<\/p>\n\n\n\n<p>Reports indicated Microsoft, Meta, and Alphabet&nbsp;<a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/news\/24\/04\/38498886\/microsoft-meta-and-alphabet-ramp-up-ai-investments-spend-over-32b-in-q1\" rel=\"noreferrer noopener\">committed over $32 billion<\/a>&nbsp;in AI infrastructure in the first quarter of 2024.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-price-actions\"><strong>Price Actions:\u00a0<\/strong><\/h2>\n\n\n\n<p>At the last check Friday, GOOGL shares traded higher by 0.52% at $174.45 premarket. META was up 0.41% at $467.70.<\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally Posted May 24, 2024 &#8211; <a href=\"https:\/\/www.benzinga.com\/news\/24\/05\/39005331\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\">Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alphabet and Meta are in talks with Hollywood studios to license content for their AI video generation software, offering substantial sums.<\/p>\n","protected":false},"author":693,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[147,8,12,153,148,7],"tags":[785,1831,989],"contributors-categories":[407],"class_list":{"0":"post-194377","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-north-america","7":"category-region","8":"category-securities","9":"category-stocks","10":"category-text-articles","11":"category-traders-insight","12":"tag-ai","13":"tag-alphabet","14":"tag-meta","15":"contributors-categories-benzinga"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals<\/title>\n<meta name=\"description\" content=\"Alphabet and Meta are in talks with Hollywood studios to license content for their AI video generation software, offering substantial sums.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/194377\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals\" \/>\n<meta property=\"og:description\" content=\"Alphabet and Meta are in talks with Hollywood studios to license content for their AI video generation software, offering substantial sums.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-24T13:45:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-27T11:07:28+00:00\" \/>\n<meta name=\"author\" content=\"Anusuya Lahiri\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anusuya Lahiri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Anusuya Lahiri\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/9f7f30ffa9bc31d9b29002fb470dab9f\"\n\t            },\n\t            \"headline\": \"Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals\",\n\t            \"datePublished\": \"2024-05-24T13:45:00+00:00\",\n\t            \"dateModified\": \"2024-05-27T11:07:28+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\\\/\"\n\t            },\n\t            \"wordCount\": 345,\n\t            \"commentCount\": 0,\n\t            \"keywords\": [\n\t                \"AI\",\n\t                \"alphabet\",\n\t                \"meta\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\\\/\",\n\t            \"name\": \"Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals - IBKR Campus EU\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\"\n\t            },\n\t            \"datePublished\": \"2024-05-24T13:45:00+00:00\",\n\t            \"dateModified\": \"2024-05-27T11:07:28+00:00\",\n\t            \"author\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/9f7f30ffa9bc31d9b29002fb470dab9f\"\n\t            },\n\t            \"description\": \"Alphabet and Meta are in talks with Hollywood studios to license content for their AI video generation software, offering substantial sums.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\\\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\\\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Home\",\n\t                    \"item\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus EU\",\n\t            \"description\": \"\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/9f7f30ffa9bc31d9b29002fb470dab9f\",\n\t            \"name\": \"Anusuya Lahiri\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/author\\\/anusuya-lahiri\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals","description":"Alphabet and Meta are in talks with Hollywood studios to license content for their AI video generation software, offering substantial sums.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/194377\/","og_locale":"en_US","og_type":"article","og_title":"Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals","og_description":"Alphabet and Meta are in talks with Hollywood studios to license content for their AI video generation software, offering substantial sums.","og_url":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/","og_site_name":"IBKR Campus EU","article_published_time":"2024-05-24T13:45:00+00:00","article_modified_time":"2024-05-27T11:07:28+00:00","author":"Anusuya Lahiri","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Anusuya Lahiri","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/"},"author":{"name":"Anusuya Lahiri","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/9f7f30ffa9bc31d9b29002fb470dab9f"},"headline":"Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals","datePublished":"2024-05-24T13:45:00+00:00","dateModified":"2024-05-27T11:07:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/"},"wordCount":345,"commentCount":0,"keywords":["AI","alphabet","meta"],"articleSection":["North America","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/","url":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/","name":"Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals - IBKR Campus EU","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#website"},"datePublished":"2024-05-24T13:45:00+00:00","dateModified":"2024-05-27T11:07:28+00:00","author":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/9f7f30ffa9bc31d9b29002fb470dab9f"},"description":"Alphabet and Meta are in talks with Hollywood studios to license content for their AI video generation software, offering substantial sums.","breadcrumb":{"@id":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/alphabet-meta-engage-hollywood-studios-in-major-ai-video-licensing-deals\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.interactivebrokers.eu\/campus\/"},{"@type":"ListItem","position":2,"name":"Alphabet, Meta Engage Hollywood Studios in Major AI Video Licensing Deals"}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.eu\/campus\/#website","url":"https:\/\/ibkrcampus.eu\/campus\/","name":"IBKR Campus EU","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.eu\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/9f7f30ffa9bc31d9b29002fb470dab9f","name":"Anusuya Lahiri","url":"https:\/\/www.interactivebrokers.eu\/campus\/author\/anusuya-lahiri\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/194377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/users\/693"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/comments?post=194377"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/194377\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media?parent=194377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/categories?post=194377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/tags?post=194377"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/contributors-categories?post=194377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}