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cultureReported

France and South Korea Pledge 1 Billion Euros to Support Cinema Amid AI Threat

At a summit in southern France attended by Hollywood figures and studio executives, the two countries announced funding to help the film industry adapt to challenges posed by artificial intelligence.

· 1 min read · language: en
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France 24 — English

France and South Korea have pledged 1 billion euros to support the global cinema industry as it faces growing challenges from artificial intelligence, according to France 24.

The announcement was made at a summit on the future of cinema held in the south of France on Monday, which the two countries co-hosted. The event drew about 200 guests, including Hollywood actor George Clooney and executives from major American studios such as Sony Pictures and Disney, France 24 reported.

According to the report, the funding is intended to safeguard the industry against emerging threats, with particular emphasis on the disruptive potential of artificial intelligence technologies.

Further details on how the funds will be allocated or the specific programs they will support were not immediately available from the source.

The summit brought together industry leaders and government officials to discuss the future of filmmaking as AI tools increasingly intersect with content production, distribution and other aspects of the entertainment business.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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