Lionsgate Vice Chairman: AI Will Save Company Tens of Millions Annually, AI Firms Could Be Future Buyers

Summary

Lionsgate Vice Chairman Michael Burns stated at the Gabelli Sports & Media Symposium that AI will save the company "tens and tens of millions of dollars a year" across film/TV production and FAST channel curation. He also suggested AI firms could be "wild-card" candidates to eventually acquire Lionsgate, which has long been considered a ripe acquisition target. Burns described the pace of AI advancement as "Moore's law on crack."

Source

DeadlineLionsgate Vice Chairman: AI Will Save Company Tens of Millions Annually, AI Firms Could Be Future Buyersdeadline.com