The 118-day Hollywood actors’ union strike ended with an agreement on AI usage, though not everyone in the industry sees it as the right move.
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The proposed act came just hours after talks broke down between actors and Hollywood studios, with AI replicas a major friction point in negotiations.
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The Writer’s Guild strike has come to an end after five months of picketing, with a tentative deal approved for new conditions that include negotiations over AI usage.
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Hollywood strikes echoed the unbalanced value distribution in the streaming video industry — blockchain can change that.
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The Alliance of Motion Picture and Television Producers released a memo of its offer to striking writers and actors, with proposed guidelines for AI usage and data transparency.
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The positions come with six-figure salaries, ranging from $450,000 to $650,000 for the Technical Director role and $300,000 to $900,000 for the Product Manager position.
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The Sandbox added a new major IP to its virtual world, a portfolio management startup raised $3.6 million and The Flash is getting NFTs.
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Palm NFT Studio has also launched a new tool via Epic Games’ Unreal Engine, enabling creators to make generative “game-ready” 3D assets and art collections.
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The Writers Guild of America sent out a list of demands to Hollywood studios, including regulating AI usage in guild-affiliated projects.
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The Hollywood icon was relentlessly mocked for appearing in the ad in 2021, which was released just before the crypto markets plummeted.
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Film festivals have seen an increase in blockchain and crypto-funded film projects and initiatives as Web3 technologies continue to merge with the entertainment industry.
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PROOF Co-founder Kevin Rose announced the deal via Twitter on Jan. 6, noting that the aim is to get the Moonbirds brand recognized on a global scale and not just in the Web3 space.
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The Russo’s are reported to have said that FTX “is one of the most brazen frauds ever committed” in their reasoning for wanting to create the show.
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The way we watch TV shows, films and digital content is changing — and so is the way that this content is being made.
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Many in and out of the crypto space have parodied Matt Damon’s appearance promoting the crypto exchange following the market downturn in May.
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