A new report from Ernst & Young suggests that artificial intelligence could bring measurable financial benefits to the media and entertainment industry, predicting a 10% increase in revenue and a 15% decrease in operational costs for companies that adopt the technology strategically. With content demands growing across streaming, digital platforms, and global markets, the findings come at a moment when studios are seeking ways to scale output without scaling overhead.
Source: AI Adoption Projected to Boost Media Industry Revenue by 10% — AI In Hollywood