Tech
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Disney Ends $1 Billion OpenAI Partnership After Sora Shuts Down
The entertainment giant says it will continue to engage with AI platforms to “find new ways to meet fans where they are while responsibly embracing new technologies that respect IP and the rights of creators”
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Epic Games to Lay Off Over 1,000 Employees, Cut $500 Million in Costs as ‘Fortnite’ Faces Engagement Downturn
CEO Tim Sweeney says the move is due to a mix of industry-wide challenges, such as slower growth and weaker spending, as well as struggling to deliver “consistent Fortnite magic with every season”
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Axios CEO Pitches AI ‘Moonshot’ as Company Reshapes Newsroom
The news outlet laid off 11 staffers last week as it moves to automate some tasks
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YouTube Is Making It Easier for Advertisers to Connect to Creators
The AI-powered tool will be directly integrated into the platform’s creator studio, the company announced ahead of its NewFronts presentation
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Tubi Partners With TikTok for Creatorverse Incubator Long-Form Content Development Program
“This partnership allows us to work with successful TikTok creators who are ready to take the next step creatively,” Tubi exec Rich Bloom says
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Democratic Senator Demands Answers on Trump’s $10 Billion TikTok Fee, Fears He Put Investors Before National Security
“The opaque, uncompetitive and ad hoc process surrounding this government-brokered sale, with numerous clear conflicts of interest, has no analogue in modern American history,” Mark Warner writes
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Tim Cook Pushes Back on Criticized Closeness to Trump: ‘I’m Not Political’
“What I do is I interact on policy, not politics,” the Apple CEO adds
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AI ‘Actor’ Tilly Norwood Is on a Redemption Tour | Analysis
Creator Eline Van der Velden changes her tune and discusses the real opportunity for AI
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Tech
Available to WrapPRO members
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AI Actors Are Coming, Even if Audiences Aren’t Buying It | Charts
An NRG survey shows a majority of audiences don’t believe AI actors will ever be as good as their human counterparts
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Tech
Available to WrapPRO members
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Trump Administration Poised to Pocket $10 Billion Fee for Brokering TikTok Deal
Investors in the new venture TikTok USDS LLC, including Oracle, MGX and Silver Lake, are reportedly set make hefty payments to the government
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Paramount Buys Out Tyler Perry’s Stake in BET+, Will Fold Streamer Into Paramount+
Starting in June, more than 1,000 hours of BET+ content will be available in a branded hub within Paramount+
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Tilly Norwood Is Working With Hollywood Directors: ‘You Will See Tilly Acting’ | Exclusive
Creator Eline Van der Velden says you’ll see projects featuring the AI “actor” in the coming months
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Peacock to Launch Vertical Video Section, ‘Your Bravoverse’ Feed on Mobile With AI Andy Cohen
The streamer is also testing AI-enabled real-time cropping of live events starting this spring with the NBA and launching three new mobile games
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iHeartMedia and TikTok to Launch Radio Station, First Wave of Joint Podcasts
TikTok Radio will broadcast live for the first time on March 13 from the iHeartPodcast Hotel at SXSW
