The Death of Traditional Hollywood is official. Disney agrees to an IP Licensing deal with OpenAI.

Do people realize how big of a deal this is? This is the death to traditional Hollywood movie-making as we know it and #Disney is fine with it. No Biggie 🤷🏾‍♂️. Think about this. If you’re a content visionary with an effective storyline and premier A.I. tools to stretch a clip into a movie, why would you need 10-12 Hollywood writers for a movie? Why would you need a staff of graphic designers for explosives and theatrical imagery when A.I tools can generate it within seconds? A.I. is useless without the person with the vision behind it. But what if 1-2 visionaries could do the job of 20+ people working on set for a blockbuster movie. That’s the direction #Hollywood is quietly going.

Disney knows what it’s doing with this agreement with #OpenAI. This is all about cost reduction and finding new talent. Think about the movies that actually make money. Im talking about the movies people actually go to and not only watch but pay $20 for a bucket of popcorn and are happy about it. It’s mainly the family-oriented animated movies or superhero movies with tons of visual graphics and glossy scenes. Those movies are EXPENSIVE to make. Studios don’t like making these movies but that is their cash cow. If successful, those movies recoup real-life human character movies that bomb at the box office. Well how best can we make those movies cheaper? By way of deals like this. If you lend out the IP of #MickeyMouse or #Marvel characters, then you’re saying the barriers are open and content creator talent can now compete with the likes of Stephen King, James Gunn and Spike Lee. All it takes is a deal like this Disney agreement to happen, then the floodgates are open.

So which studio will be next to give up the IP of their iconic catalogue? Entertainment is a monkey see monkey do business. Deals like this rarely ever stop at just one.