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The companies are developing a new AI model that can generate cinematic video that can be further iterated using Runway’s suite of controllable tools.

The analysis includes Lionsgate Studios. The Studio Business, which includes the Motion Picture and Television Production segments, reported revenue of $588.4 million, reflecting a 5.9% decrease from the prior year quarter.

El estudio de Hollywood registró una pérdida de 39,5 millones de dólares, en comparación a los 96,8 millones de dólares el año anterior, y los ingresos totales aumentaron a 1.117 millones de dólares, frente a 1.080 millones de dólares del año anterior.

While some details have not been announced yet, the companies explained that the films will include a “genre-bending adventure” and a “rom-com like no other.”

The executive, who led the documentary branch of Discovery+ for nearly three years, will lead the area of the Lionsgate Alternative Television’s brand.