What kind of deals do entertainment and media giants need in the age of technology giants? It is a question that Hollywood management teams and Wall Street are constantly discussing and assessing. Management consulting firm Bain & Co., in a new research report, shares this guidance: “Own the consumer, own the intellectual property (IP), or own nothing.” In other words to compete in “a world of tech mega-platforms,” players will need “more cross-sector M&A and deals for IP.”
Source: Bain’s Advice for Hollywood This Year: Own IP or Own Nothing
The leading AIs from companies like OpenAI and Anthropic essentially teach themselves from the ground up with huge amounts of raw data—a process that typically takes many months and tens of millions of dollars or more. By drawing on the results of such work, distillation can create a model that is almost as good in a matter of weeks or even days, for substantially less money.
DeepSeek’s emergence is changing the landscape for AI, offering companies access to the technology at a fraction of the cost, according to interviews with more than a dozen startup executives and investors. It also has the potential to push other AI companies to improve their models and bring down prices. Europe’s tech startups had struggled to adopt the new technology at the same rate as U.S. rivals, which have easier access to funding.