AI startups are raising millions to disrupt Hollywood. Read the pitch decks 8 used to get funding.

Wonder Studios’ London team.

Wonder Studios

AI is starting to shake up Hollywood.
Startups are raising money to tackle every stage in the production cycle.
Check out eight pitch decks AI startup founders shared with Business Insider.

AI is starting to transform Hollywood, whether filmmakers and audiences are ready or not.

AI startups are raising millions of dollars from venture capital firms on the promise of changing the legacy Hollywood film and TV business.

The tools they are building are being used across the production cycle. Some, like Moonvalley, are enhancing special effects. Others are promising to help with marketing, content distribution, and content discovery.

It’s a challenging time for Hollywood. Budgets generally aren’t what they used to be, and studios know they need to do what they can to make projects faster and cheaper. Enter AI.

Netflix and Amazon have talked about how they’re using AI to pull off elaborate special effects and improve the viewing experience. Lionsgate is partnering with startup Runway to train an AI model on its library. Others in Hollywood are using AI but not talking about it.

At the same time, many are worried about tech giants using AI to appropriate their IP. Studios have taken issue with OpenAI’s Sora generating videos that encroach on their copyrighted characters. Disney and Universal recently sued Midjourney, accusing it of using tech to rip off Star Wars, Minions, and more.

Studios must also be sensitive to talent’s fears of being supplanted by AI as well as audiences’ attitudes. A YouGov survey in early October found viewers were mixed on the use of AI. People were most accepting of AI being used to translate subtitles into other languages (64% for), but least accepting of the idea of AI characters replacing human actors (65% against).

How are AI founders pitching investors and Hollywood insiders on their vision of the future?

Business Insider has interviewed the founders of startups behind tools to disrupt traditional TV and filmmaking. They shared the pitch decks they used to raise capital.

Read 8 pitch decks AI startups used to raise millions to disrupt Hollywood:

Series B

Series A

Papercup, a startup that promised to scale dubbing: $20 million

Seed

Pre-seed

Strada, a platform that promises to streamline the production process: $1.9 million

Other

Fable Studio, which landed Amazon backing to let creators make their own animated shows: undisclosed

Read the original article on Business Insider

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AI startups are raising millions to disrupt Hollywood. Read the pitch decks 8 used to get funding.

Read 8 pitch decks AI startups used to raise millions to disrupt Hollywood:

Series B

Series A

Seed

Pre-seed

Other

I was sick of my usual breakfast options, so I made Ina Garten’s blueberry muffins. The whole family loved this simple recipe.

The world’s 10 richest people are $500 billion wealthier this year, thanks to the AI boom

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Channels

Recently Played

AI startups are raising millions to disrupt Hollywood. Read the pitch decks 8 used to get funding.

Read 8 pitch decks AI startups used to raise millions to disrupt Hollywood:

Series B

Series A

Seed

Pre-seed

Other

I was sick of my usual breakfast options, so I made Ina Garten’s blueberry muffins. The whole family loved this simple recipe.

The world’s 10 richest people are $500 billion wealthier this year, thanks to the AI boom

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