this post was submitted on 23 Feb 2024
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126
Tyler Perry Puts $800M Studio Expansion On Hold After Seeing OpenAI’s Sora: “Jobs Are Going to Be Lost” (www.hollywoodreporter.com)
submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world
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Tyler Perry Puts $800M Studio Expansion On Hold After Seeing OpenAI’s Sora: “Jobs Are Going to Be Lost”::Tyler Perry is raising the alarm about the impact of OpenAI's Sora on Hollywood.

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[–] grabyourmotherskeys@lemmy.world 75 points 9 months ago (1 children)

This announcement is performative. Probably just a "good" reason to back out of something they didn't want to do anymore, anyway. Otherwise there's paper on the deal and they wouldn't back out.

[–] KevonLooney@lemm.ee 17 points 9 months ago

That's true. If he really wanted to expand, he would just expand into AI filmmaking too. This sounds like a money problem, not a technology issue.