Artificial intelligence is everywhere: It can drive a car, chat with customers, or help patients with neuronal damage to recover their potential. But if data-assisted moviemaking can help predict a movie’s outcome, what room is there left for artistic freedom?
Now, at a moment when Netflix is exponentially expanding as a content provider as well as a streaming platform, Hollywood’s tactical mistakes seem all the more painful. An early example: At a time when brick-and-mortar thinking already was on the fade, Viacom’s Sumner Redstone invested billions in Blockbuster’s vain initiative to control the DVD-rental business.
In a blog post, Richard Gingras, Google’s vice president of news, said the changes to the company’s search guidelines would help it to “better recognize original reporting” and make it more visible on the internet. “This means readers interested in the latest news can find the story that started it all,” Mr. Gingras wrote, “and publishers can benefit from having their original reporting more widely seen.”
Disruptive DLT could eventually become a great solution to the sort of glitches existing in the media and publishing division. Every record of file that is properly recorded on a public blockchain are actually secure, rigid, unchanged and can be seen or accessed by any verified party in the network.
Content distributing startup Eluvio has launched a new blockchain-based content fabric. The solution is aimed at enabling content creators to provide premium videos to their users efficiently. The platform removes any aggregators such as transcoders and cloud storage providers as well as reduces the cost for the entire process.
Content ID solutions provider Audible Magic has launched its UGC Music Rights Platform (UMRP) which simplifies the licensing and administration of music rights for user generated content on social media. Audible Magic’s UMRP encourages greater use of licensed music while creating new revenue streams for both social networks and rightsholders.
Imagine partners Ron Howard and Brian Grazer both take an upbeat view of the changes reshaping Hollywood, arguing that streaming has unmatched global reach even though it has altered theatrical releasing. “Hardware and distribution are always in a state of evolution,” Grazer said. “There is some beauty in this new distribution model in that it enables us to have a wider palette.”
Blockchain and gaming are two industries that can mutually benefit from a collision. For instance, while blockchain’s immutable ledger can supply tools that enable better monetisation for both game players and game developers. The demand for virtual assets built on blockchain will create a use case that will drive mass adoption of blockchain technology.
Ultimately, it provides even the most non-musical individuals – oftentimes video editors, podcast creators and other content creators who utilise functional music, or music that’s valued for its use-case more than its artistic creativity – the ability to take their idea and turn it directly into music.
Artificial intelligence has already shown its potential in the music industry by creating beautiful compositions. Whereas, the world of art has also witnessed the creative mind of AI. Now, the advent of AI in media and entertainment will transform how audiences experience movies, TV shows, videos, games, and sports.