AMC Networks partners with AI company Runway
AMC Networks has announced a partnership with the AI company Runway, aiming to leverage AI-generated imagery in pre-production and marketing efforts. This collaboration opens the door for marketing teams and pre-visualization artists associated with AMC Networks to explore cutting-edge AI technology for their projects.
While AMC Networks is not the only entertainment company exploring AI advancements, it stands out as the first cable company to engage with Runway. Other industry players, like Lionsgate and EDGELRD, have also struck deals with Runway or are currently experimenting with AI models from different AI companies. The move to incorporate AI technology into their workflow comes as AMC seeks to streamline production processes and marketing efforts to maintain quality while reducing costs.
AMC Networks reported a sharp decline in profits in its latest earnings report, down to $63 million. In response to this financial dip, the company is exploring ways to optimize production and marketing practices without compromising on the quality of its content. Integrating AI-generated images for promotional purposes is a strategy that AMC hopes will engage audiences effectively without the need for expensive physical photoshoots.
Despite these advancements in utilizing AI technology, AMC Networks currently has no immediate plans to integrate AI-generated imagery into their content. However, the company believes that leveraging AI models for marketing purposes could be a cost-effective alternative to traditional promotional methods. By relying on AI-generated content, showrunners and production teams are afforded the opportunity to visualize and refine projects before filming commences, potentially reducing the manual labor typically required in these stages.
Runway, the AI company collaborating with AMC Networks, reportedly trained its AI models on a wide array of digital content, including YouTube videos and pirated versions of copyrighted movies, without securing prior authorization. This questionable practice raises questions about whether AMC Networks has granted Runway access to their shows and films for AI training purposes, a step that companies like Lionsgate have taken to enhance AI capabilities.
As the entertainment industry continues to evolve with technological advancements, partnerships like the one between AMC Networks and Runway highlight the increasing importance of AI in streamlining production processes and enhancing marketing strategies. By harnessing the power of AI-generated imagery, AMC Networks aims to forge a more cost-effective and efficient path forward in creating and promoting its content for audiences worldwide.