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AMC Networks is teaming up with AI company Runway
The cable company will use AI to generate marketing images and pre-visualize projects. Marketing teams and pre-visualization artists working with AMC Networks might need to be on their toes. The company has reached an agreement to generate marketing images and pre-visualize projects before they
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AMC Networks Inks Deal With AI Company Runway (Exclusive)
The Real Reason the OpenAI-Jony Ive Partnership Is So Strange AMC Networks is the latest entertainment entity -- and the first cable player -- to formally make a deal with emerging Hollywood generative artificial intelligence player Runway, The Hollywood Reporter has learned. AMC will use the New
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AMC Networks has signed a deal with AI company Runway to use their technology for generating marketing images and pre-visualizing projects before production, aiming to reduce costs without compromising quality.
AMC Networks, the company behind hit shows like Mad Men and Breaking Bad, has entered into a partnership with artificial intelligence company Runway. This collaboration marks a significant step in the entertainment industry's adoption of AI technology, with AMC becoming the first cable company to formally engage with Runway
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.The deal focuses on two primary applications of Runway's AI technology:
Marketing Image Generation: AMC will use AI to create promotional materials for its shows and films. This approach aims to reduce the time and money spent on traditional physical photoshoots, allowing the network to produce a wider range of marketing content more efficiently
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.Pre-Production Visualization: The AI technology will be employed to pre-visualize projects before they enter production. This tool will help showrunners determine what may or may not work in their projects, potentially saving costs associated with filming or designing content from scratch
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Source: THR
AMC Networks' decision to partner with Runway comes at a time when the company is facing financial challenges. In its most recent earnings report, AMC's profits nearly halved to $63 million
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. The adoption of AI technology is seen as a strategy to reduce production and marketing costs without compromising on quality.Stephanie Mitchko, AMC Networks' Executive Vice President of Global Media Operations and Technology, stated, "As we explore the transformative potential of AI across our business, we see powerful opportunities to enhance both how we market and how we create"
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While AMC is not planning to include AI-generated imagery in its shows at this time, the move raises questions about the future role of AI in content creation and its impact on human labor in the entertainment industry
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.Cristóbal Valenzuela, co-founder of Runway, emphasized the significance of this partnership, stating, "This is the most important tech of their lifetime -- it's a make-or-break moment"
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.AMC's partnership with Runway is part of a growing trend in the entertainment industry. Other companies, such as Lionsgate and Harmony Korine's EDGELRD, have also made deals with Runway. Additionally, various studios are experimenting with AI models from companies like OpenAI, Stability AI, and Luma Dream Machine
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.As the industry continues to explore the potential of AI, Runway is working to mainstream its tools and the synthetic-media category. The company is organizing AI Film Festivals in New York and Los Angeles, featuring short films made with AI technology
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