Tyler Perry has halted an $800 million expansion of his studio after being shocked by the release of OpenAI’s video generator Sora and the threat it brings to jobs in the film industry.
It's no secret that the film and TV industries lack diversity, but in its latest announcement, Adobe is stepping up to offer support for underrepresented creators. The new Adobe Film & TV Fund aims to provide career support and growth to increase representation in film and television.
Somewhat uncharacteristically, Apple has responded to an open letter signed by a large group of big-production Final Cut Pro editors who demanded better features from tech's biggest company.
The defiant cry of the nostalgic hipster that’s become a hashtag: #filmisnotdead. But why? It’s 2019, people -- the digital camera reigns supreme; why won’t this analog trend die? Rationalism abandons the old way in recognition of the new’s superior efficiency. The combine harvester supplanted the scythe, clocks replaced the sundial, and electric lights extinguished the candle.
The Kodak moment is gone, but today Fujifilm thrives after a massive reorganization. Here is a detailed analysis based on firsthand accounts from top executives and factual financial data to understand how and why the destinies of two similar companies went in opposite directions.