www.cartoonbrew.com/business/its-a-done-deal-paramount-and-skydance-are-merging-241859.html
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The role of a VFX Supervisor in filmmaking is multifaceted, encompassing pre-production planning, budgeting, team management, on-set supervision, and post-production oversight. They collaborate with directors to understand the creative vision, plan VFX sequences, and ensure seamless integration of digital elements. Their responsibilities include guiding actors, capturing on-set references, maintaining quality control, and overseeing the final VFX integration during post-production. Effective documentation and reporting throughout the process are crucial for successful project completion.
Full breakdown here: https://squarezeroone.wixsite.com/home/post/the-vital-role-of-the-vfx-supervisor-in-filmmaking
https://www.cnn.com/2024/06/14/business/house-prices-impossibly-unaffordable-intl-hnk/index.html
https://www.theregister.com/2024/06/09/rto_quit_study
A study by BambooHR found that about 25% of executives and 20% of HR professionals hoped return-to-office (RTO) mandates would lead to employee resignations. Despite some staff quitting, the exodus was insufficient, prompting some companies to undertake layoffs. The study indicates that RTO policies have fostered a distrustful and performative work culture, negatively impacting productivity and employee happiness.
Color represents whether they’ve grown over the past 2 years (blue) or downsized (red).
https://variety.com/2024/film/news/ashton-kutcher-ai-movies-sora-hollywood-1236027196/
“I have a beta version of it and it’s pretty amazing,” Kutcher said of the platform in a recent conversation with former Google CEO Eric Schmidt at the Berggruen Salon in Los Angeles.
“Why would you go out and shoot an establishing shot of a house in a television show when you could just create the establishing shot for $100? To go out and shoot it would cost you thousands of dollars,” Kutcher said. “Action scenes of me jumping off of this building, you don’t have to have a stunt person go do it, you could just go do it [with AI].
https://www.theverge.com/2024/6/3/24170285/adobe-stock-ansel-adams-style-ai-generated-images
Adobe responded to the callout, saying it had removed the offending content and had privately messaged the Adams estate to get in touch directly in the future. The Adams estate, however, said it had contacted Adobe directly multiple times since August 2023.
“Assuming you want to be taken seriously re: your purported commitment to ethical, responsible AI, while demonstrating respect for the creative community, we invite you to become proactive about complaints like ours, & to stop putting the onus on individual artists/artists’ estates to continuously police our IP on your platform, on your terms,” said the Adams estate on Threads. “It’s past time to stop wasting resources that don’t belong to you.”
https://www.statsignificant.com/p/the-broken-economics-of-streaming
This report examines the financial instability in the streaming industry, focusing on the unsustainable economic models of platforms such as Paramount Plus.
NEWS TV NEWS
Hollywood’s Top TV Execs Are Happy About The Death Of Peak TV – Here’s Why
https://www.slashfilm.com/1593571/peak-tv-dead-hollywood-top-tv-execs-happy/
https://slate.com/technology/2024/05/deviantart-what-happened-ai-decline-lawsuit-stability.html
Once a vibrant platform for artists, DeviantArt is now buckling under the weight of bots and greed—and spurning the creative community that made it great.
https://futurism.com/the-byte/stability-ai-collapsing-considering-sale
According to The Information, the company generated less than $5 million in revenue in the first quarter of this year, while losing more than $30 million.
The ironically-named venture is now reportedly sitting on $100 million worth of outstanding bills
A study analyzing Apple, Microsoft, and SpaceX suggests that return to office (RTO) mandates can lead to a higher rate of employees, especially senior-level ones, leaving the company, often to work at competitors.
Some company leaders are adamant that remote work can disrupt a company’s ability to innovate. However, there’s research suggesting that RTO mandates aren’t beneficial to companies. A survey of 18,000 Americans released in March pointed to flexible work schedules helping mental health. And an analysis of 457 S&P 500 companies in February found RTO policies hurt employee morale and don’t increase company value.
https://cdn.arstechnica.net/wp-content/uploads/2024/05/RTO.pdf
Jonathan Bronfman, CEO at MARZ, tells us: “I don’t think the industry will ever be the same. It will recover slowly in 2024. The streaming wars cost studios too much money and now they are all reevaluating their strategies.”
He notes that AI will play a big role in how things shake out. “Technology is pushing out the traditional approach, something which is long overdue. Studios in Hollywood have been operating the same way for decades, and now AI will move them off their pedestal.
“The entire industry is in for a reckoning. I think studios would have come to this realisation eventually, so it was inevitable, but I think the pressure from the strikes accelerated this.”
https://www.vfxwire.com/how-the-vfx-industry-is-recovering-from-last-years-strikes/
Panelists include Author and Distinguished Research Scientist in DL/ML & CG at Wētā FX Dr. Andrew Glassner, VFX, Post & Technology Recruiter and VES 1st Vice Chair Susan O’Neal, CTO at Cinesite Group and VES Technology Committee member Michele Sciolette and Shareholder & Co-Chair of Buchalter’s Entertainment Industry Group and Adjunct Professor at Southwestern Law School Stephen Strauss, moderated by VES Technology Committee member and Media & Entertainment Executive, CTO & Industry Advisor Barbara Ford Grant.
Stability AI, the maker of the image generator Stable Diffusion, has been very publicly sinking. After securing more than $100 million in fundraising in 2022, the company has spent the better
part of the last year struggling to pay its bills.
“Unity has also entered into an agreement with DNEG, a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television, and multiplatform content, for an exclusive perpetual license of the Ziva IP. Unity will continue to retain ownership of all the technology acquired from Ziva Dynamics, and we will continue to evaluate the best way to enhance our core offerings with it over time.”
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