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Meta’s Q1 Beats On Top, Bottom Line But High-Flying Stock Dips On Costs, Revenue Outlook
Facebook parent Meta posted solid quarterly financials today with revenue and EPS beating Wall Street expectations, but investors dinged the stock on high expenses and lower than anticipated revenue for the current quarter. Shares are down 10% in after-market trading.
What Meta calls “Family daily…
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“I Will Not Be Fighting Culture Wars”: UK Shadow Culture Secretary Seeks To Draw Dividing Line Between Labour & Conservatives As She Sets Out Stall On AI, BBC & Freelancers
The UK Labour Party has set out its plan for the film and TV industries, drawing a dividing line between itself and the ruling Conservatives as it slams the government for “getting themselves all tied up in culture wars of their own making and failing to support a pipeline of talent.”
Delivering her…
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By Max Goldbart
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UK’s Pact & Equity Urge Government Intervention On AI
The UK’s producer trade body and actors union have called on the government to rejoin the AI debate and consider legislation before it is too late.
AI is set to play a central role in the upcoming contract negotiations between Pact and Equity but John McVay, who runs the former, and Lynda Rooke, who…
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By Max Goldbart
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Formula 1 Driver James Hunt Subject Of Feature Doc From Deep Fusion Films
EXCLUSIVE: Iconic British driver James Hunt is the subject of a feature doc from Deep Fusion Films.
British production house Deep Fusion has entered into a creative partnership with the James Hunt Estate on the production of Hunt: We Need to Talk About James, a 90-minute film that will offer “an…
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- International
Jos Vantyler & Niamh McCormack Lead TV Action Series Drama ‘Cold Mind’ That Combines The Detective Genre With AI
EXCLUSIVE: Award-winning stage actor Jos Vantyler and Niamh McCormack (Everything Now) are starring in an international action drama series the explores the dark side of detective work and artificial intelligence.
The pair will star in Cold Mind, an indie production from Algarve-based Spy Manor…
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- International
Billie Eilish, Nicki Minaj, Chuck D, Jonas Brothers, Frank Sinatra Estate Among 200+ Signing Letter Warning Of AI In Music Biz
An open letter from the Artists Rights Alliance and signed by more than 200 major figures in the music and entertainment industries is calling on AI companies and digital music service platforms to pledge that they won’t develop or use AI tools “that undermine or replace the human artistry of songwriters…
Fran Drescher On Fighting To Protect Jobs As Technology Changes, Misogyny During SAG-AFTRA Strike
SAG-AFTRA President Fran Drescher called out the misogyny that dogged her in strike negotiations and coverage, saying it was "disgusting." She's opined on that before but remarks today met a particularly receptive audience at the annual gala of New York Women In Film & Television where she was honored…
BBC To “Proactively Deploy AI” & Seek “Major Global Partnerships With Tech Players”
The BBC is not shying away from artificial intelligence or the U.S. tech giants, according to its Director General.
Delivering a Royal Television Society set-piece this morning in London, Davie made working with tech giants and harnessing the controversial tech central to his plan to “radically…
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By Max Goldbart
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BBC Will Stop Using AI For ‘Doctor Who’ Promotion After Receiving Complaints
The BBC has “no plans” to use AI again to promote Doctor Who after receiving complaints from viewers.
The BBC’s marketing teams used the tech “as part of a small trial” to help draft some text for two promotional emails and mobile notifications, according to its complaints website, which was…
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By Max Goldbart
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Tennessee Governor Signs ELVIS Act To Bolster AI Protections For Artists’ Voices And Likenesses
Tennessee Governor Bill Lee signed a bill today that bolsters the protections for the use of a person’s image and likeness in areas like artificial intelligence.
The Ensuring Likeness Voice and Image Security Act, or ELVIS Act, expands on the state’s right of publicity law. The new law expands the…
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By Ted Johnson
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Europe Set To Adopt World’s First Artificial Intelligence Law
The world’s first law governing artificial intelligence (AI) was today adopted by European lawmakers — a move that could have significant impact on film and TV production.
The Artificial Intelligence Act are an attempt to government how companies and individuals use AI, as use of generative systems…
EU Competition Chief Margrethe Vestager At SXSW – “We Care About Safety In Physical Products, We Have Not Cared Enough” About Digital Risks
The Europe’s Margrethe Vestager, one of the world's most powerful and proactive regulators, has made Europe a first mover in checking big tech for the public good and in the interest of competition.
The head of the EU’s Competition Commission has developed key digital privacy laws, rules on hate…
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