The Lionsgate earnings call this afternoon would not have been proper without addressing the elephant in the room, and that is the studio's deal with AI research firm Runway.
Lionsgate is offering its U.S. employees a voluntary severance and early retirement program amid a contracting media and entertainment landscape that's resulted in widespread and ongoing industry layoffs. The company, which cut jobs and slashed TV producer deals as it absorbed eOne, is starting now with a voluntary approach.
LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Lions Gate Entertainment Corp. (“Lions Gate” or “the Company”) (NYSE: LGF.A, LGF.B) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Lions Gate investors that lost money on their investment are encouraged to contact Lesley Portnoy,...
Runway will create a custom model trained upon Lionsgate's library of more than 20,000 film and TV titles including The Hunger Games.
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