this post was submitted on 22 Sep 2024
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Lionsgate sells movie catalog to AI video startup Runway hoping to replace artists and FX (pivot-to-ai.com)
submitted 2 months ago by dgerard@awful.systems to c/techtakes@awful.systems
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[–] imadabouzu@awful.systems 4 points 2 months ago

I can't say I know what Liongate's plan is, precisely, but I think you're hitting this on the head.

Remember. Most corporate strategy could be summarized as persuading investors for more debt. It doesn't really tell the whole story of what is or will happen, only what needs to be said loudly in a room full of fools holding the money bags.