The Walt Disney Company has teamed up with Webtoon Entertainment to create a new digital comics platform that will host more than 35,000 Marvel, Star Wars, Disney, Pixar and 20th Century Studios digital comic books, including current runs and archival issues from decades past as well as original new material. The deal sees Disney taking a two percent stake in Webtoon, which will run the new venture. Disney+ subscribers will have access to a curated selection of material as part of their subscription through Disney+ Perks. The format will include a mix of vertical and traditional screen presentations. Continue reading Disney Invests in Webtoon with New Comics Platform Planned

OpenAI is hoping an animated short film called “Critterz” that it got off the ground will have its feature-length debut at the Cannes Film Festival in May 2026. OpenAI is providing the AI technology to produce the film, which is being funded at $30 million by Paris-based Federation Studios, whose UK subsidiary Vertigo Films will produce in conjunction with Culver City’s Native Foreign, a firm known for blending AI with conventional techniques. OpenAI is providing use of its generative models, including the Sora video generator and DALL-E imager, to create what it hopes will be a test case. The idea is to complete in nine months what would normally take years at a fraction of the cost. Continue reading OpenAI Making Its Film Debut with $30M Animation ‘Critterz’

Sky-based entertainment powered by drones is a nascent entertainment medium that just got a boost from Jeffrey Katzenberg. WndrCo, the investment firm led by Katzenberg and partner Sujay Jaswa, has joined a $50 million funding round for Nova Sky Stories, the drone light show company co-founded by Kimbal Musk. The younger brother of billionaire Elon Musk acquired the technology from Intel in 2022 and says it’s in the early stages of what’s possible. Katzenberg has joined Nova’s board of directors and will serve as a strategic advisor, helping to grow the company’s studio of animators and storytellers. Continue reading Katzenberg’s WndrCo Invests in Nova Sky Stories Drone Firm

Artificial intelligence startup Odyssey, which turns two this year, has unveiled an interactive streaming AI video model. Available on the web in research preview, the model generates video streams every 40 milliseconds that viewers can navigate through — much like interacting with a 3D-rendered video game using either a keyboard, game controller or smartphone. Odyssey describes the current experience as similar to “exploring a glitchy dream” and says that while “utility is limited for now” its breakthrough is based on the fact that “improvements won’t be driven by hand-built game engines, but rather by models and data.” Continue reading Odyssey’s AI World Modeling Engine Streams Interactive 3D

During Nvidia’s GTC AI Conference in San Jose earlier this month, VP and GM of Media & Entertainment Richard Kerris presented the Nvidia Media2 initiative that builds on the company’s Blackwell GPU foundation to enable real-time AI solutions for all aspects of media production workflows. His talk showcased a broad range of generative AI breakthroughs in real-time ray tracing and VFX, video search and summarization, and musically-based sound effects (SFX). Kerris also shared insights on the media industry’s reception to AI thus far and humbly implored the audience to consider using such technology as an effective new tool for storytelling. Continue reading Nvidia Forges AI Initiative to Streamline Production Workflows

A year after its announcement, Fable is launching Showrunner, a platform that lets anyone make TV-style animated content by writing prompts that are turned into shows by generative AI. The San Francisco company run by CEO Edward Saatchi with recruits from Oculus, Pixar and various AI startups is launching 10 shows that let users make their own episodes “from their couch,” waiting only minutes to see the finished result, according to Saatchi, who says a 15-word prompt is enough to generate 10- to 20-minute episodes. Saatchi is hoping Fable’s shows can garner an audience by self-publishing on Amazon Prime. Continue reading Fable Launches Showrunner Animated Episodic TV Generator

Mobile entertainment platform Storiaverse is connecting writers and animators around the world to create content for what it claims is a unique “read-watch” format. Available on iOS and Android, Storiaverse combines animated video, audio and text into a narrative that “enhances the reading experience for digital native adults.” Created by Agnes Kozera and David Kierzkowski, co-founders of the Podcorn podcast sponsorship marketplace, Storiaverse caters to graphic novel fans interested in discovering original, short-form animated stories that range from 5-10 minutes in length. At launch there will be 25 original titles. Continue reading Short-Form Video App Storiaverse Touts ‘Read-Write’ Format

The Walt Disney Company announced revenue of $23.5 billion for the quarter ending December 31, essentially consistent year-over-year, while net income was up 49 percent to $1.91 billion year-over-year. CEO Bob Iger amplified plans to bring the company “to a period of sustained growth.” Following news that ESPN plans to partner on a new sports streaming platform, Iger disclosed a $1.5 billion investment in “Fortnite” creator Epic Games that will see the companies “collaborate on an all-new games and entertainment universe.” He also revealed Disney+ will exclusively stream Taylor Swift’s “The Eras Tour” concert film. Continue reading Disney Announces Gaming and Sports Part of Growth Strategy

The Walt Disney Company is hosting a centennial bash on ByteDance-owned social video platform TikTok featuring custom content touching 48 of the studio’s iconic brands. Fans will be able to watch videos from across the Disney library, as well as create their own videos with Disney music and effects, play daily Disney trivia, and collect and trade “Character Cards” that will allow them to win unique profile frames. “We’re giving the passionate community of Disney enthusiasts on our platform a first-of-its-kind destination,” TikTok said of the celebratory “interactive experience.” Continue reading Disney Celebrates 100 Years with Launch of TikTok Content

Led by Pixar Animation Studios, a consortium of tech companies has formed the Alliance for OpenUSD to promote an open 3D computer graphics standard for the metaverse and other 3D projects. Adobe, Apple, Autodesk and Nvidia are also founding members along with the Linux Foundation’s Joint Development Foundation. The group will promote the development and standardization of Pixar’s Universal Scene Description tech, a 3D platform that is interoperable across a variety of tools, data and workflows. The goal is to make it easier to describe, compose and simulate large-scale 3D imaging projects and services across industries and platforms worldwide. Continue reading Tech Firms Join Pixar in Group Promoting OpenUSD Standard

Disney+ has unveiled a new app for viewing augmented reality, inviting subscribers to test drive “the future of storytelling, in your own living room” with the new short “Remembering: The AR Experience.” Created by an award-winning duo (“Captain Marvel” star Brie Larson, who also produces, and writer/director Elijah Allan-Blitz), the 8-minute film is meant to be viewed “through” an iOS tablet or iPhone that you hold up to your TV screen, allowing its camera to activate a QR code that triggers the AR, bringing fanciful objects (trees, rainbows, shooting stars and clouds) to your IRL surroundings. Continue reading Disney+ Shares the ‘Future of Storytelling’ with New AR Short

OpenAI has created a new technology that creates and edits images based on written descriptions of the desired result. DALL-E 2, an homage to the surrealist painter Salvador Dalí and the Pixar film “Wall-E,” is still in development but is already producing impressive results with simple instructions like “kittens playing chess” and “astronaut riding a horse.” OpenAI says the tech, “isn’t being directly released to the public” and the hope is “to later make it available for use in third-party apps. “Already some are expressing worry that such a tool has potential to exponentially increase the use of deepfakes. Continue reading DALL-E 2 by OpenAI Creates Images Based on Descriptions

Streaming video service Disney+ plans to introduce an ad-supported subscription tier in the U.S. later this year, with plans to expand the tier internationally in 2023. While the company has yet to announce pricing or specific launch dates, the AVOD plan will cost less than the current $7.99-per-month ad-free version. According to the entertainment giant, the new ad-supported offering is part of a larger goal to attract 230-260 million subscribers globally by the close of Disney’s 2024 fiscal year. Streaming leaders such as Netflix and Amazon Prime Video do not currently offer ad-supported options. Disney’s Hulu does offer an ad-supported streaming plan. Continue reading Disney+ to Roll Out Ad-Supported Plan in U.S. Later This Year

The Disney+ streaming video service, which launched in November 2019 and is already available in 64 countries, plans to launch in 42 additional countries and 11 new territories sometime this summer. The announcement did not include exact release dates or regional pricing, but the scope of the expansion should help the platform jumpstart subscriber growth to better compete with other streaming services such as Netflix and HBO Max. The expansion plans should also steer Disney toward its previously predicted target of 230 million subscribers before the end of 2024. Disney+ already had 118 million global subscribers by the end of last year. Continue reading Disney+ Service to Debut in 42 More Countries This Summer

Citing laptops as the fastest-growing PC platform, Nvidia is doing its part to ensure gamers and creators can keep up, unveiling 160 new models equipped with its GeForce RTX GPUs at CES 2022. More than 100 of them are AI-powered Nvidia Studio laptops, optimized for creatives and VFX professionals. After four years in beta, Nvidia is making its Omniverse platform free to individuals and introducing cloud-based collaboration capability as the company stakes its claim on creating for the multiverse. Omniverse lets creators use different typically incompatible software packages in one workflow in real time. Continue reading CES: Nvidia Optimizes Studio Laptops for Creatives, VFX Pros