Hollywood news and trends

From Space Oreos to Garfield La-Z-Boys, Retail Brands Go to Hollywood
Retail // June 01, 2024

Retail brands are looking to the silver screen to get shoppers excited, so roll out the red carpet for PYMNTS weekender’s roundup of the quirkiest tie-ins of the month. Oreo, for instance, is taking it out of this world with a Lucasfilm partnership, releasing Star...

OpenAI Promoting AI Text-to-Video Model Sora to Entertainment Industry
artificial intelligence // March 22, 2024

OpenAI is reportedly working to promote the integration of its unreleased artificial intelligence (AI) text-to-video model, Sora, into film production. The company is scheduling meetings with Hollywood studios, media executives and talent agencies in Los Angeles to foster partnerships, Bloomberg reported Friday (March 22). The...

How OpenAI’s Sora Video Tool Could Change Hollywood
Artificial Intelligence // February 26, 2024

OpenAI’s new tool, Sora, which turns text into high-quality videos, could shake up how movies and shows are made in Hollywood. Sora employs a neural network trained on video examples to transform written scene descriptions into high-definition video clips of up to 60 seconds. Its ability...

Hollywood Studios Aim To Collect On Insurance Policies
Coronavirus // April 09, 2020

Amid millions lost in box office receipts and production costs due to the coronavirus pandemic, Hollywood studios are now aiming to collect on their insurance policies. Allianz, in one case, notes it sees a rise in claims while studios have needed to put a stop...

Interviews & Exclusives
NEW REPORT: How A Hollywood Special Effect Became An AI Banking Assistant

April 18, 2017
From selfie authentication to finance tools that respond to emojis to computer-generated avatars that look and act like real people, new technological tools are giving digital banking a makeover. The April PYMNTS Digital Banking Tracker™ looks at the various ways technology is changing the digital banking landscape. Banking Gets New Tools, New Players Banks and […]

Quick Reads
OpenAI Promoting AI Text-to-Video Model Sora to Entertainment Industry

March 22, 2024
OpenAI is reportedly working to promote the integration of its unreleased artificial intelligence (AI) text-to-video model, Sora, into film production. The company is scheduling meetings with Hollywood studios, media executives and talent agencies in Los Angeles to foster partnerships, Bloomberg reported Friday (March 22). The meetings are part of a broader outreach initiative by OpenAI, […]

Hollywood Studios Aim To Collect On Insurance Policies

April 09, 2020
Amid millions lost in box office receipts and production costs due to the coronavirus pandemic, Hollywood studios are now aiming to collect on their insurance policies. Allianz, in one case,...

DOJ Seeks To End Ban Of Hollywood Studios Buying Theaters

November 19, 2019
The U.S. Department of Justice (DOJ) will request the end of a ban that prohibits Hollywood studios from owning movie theaters. The 70-year-old antitrust settlement, known as the Paramount Consent...

VR Venture Gets Hollywood Backing

February 15, 2017
Dreamscape Immersive, a new virtual reality technology startup, is looking to find growth and opportunity in the film and entertainment industry. The company has already raised $11 million in funding...