Lionsgate Bets on AI: Takes Equity in Runway to Build AI-Generated Short-Form Series
TL;DR Summary
Lionsgate has taken an equity stake in Runway AI, expanding a 2024 partnership to develop AI-generated short-form series drawn from Lionsgate’s existing IP. The deal includes a new development program and filmmaker-focused events, with terms undisclosed and the stake not a cash investment, signaling a broader AI strategy as Lionsgate integrates Runway’s technology into production workflows and content creation.
Topics:entertainment#ai-generated-content#business#equity-stake#lionsgate#runway-ai#short-form-series
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