Meta and Google are offering Hollywood studios millions of dollars with the hope of striking licensing deals that could improve their models for AI-generated video, according to a new report in Bloomberg. The companies have reportedly offered “tens of millions of dollars,” though it’s unclear what will come from the talks.
According to the report, Netflix and Disney “aren’t willing to license their content” but have “expressed interest in other types of collaborations.” Warner Brothers Discovery has reportedly indicated “a willingness to license some of its programs.”
A spokesperson for Meta declined to comment. Google didn’t immediately respond to a request for comment. The companies, it seems, are hoping such deals would help advance their video generation tools. Google recently showed off a text-to-video model, called Veo, and tapped Donald Glover to promote its capabilities. Meta is also researching AI-generated video.
There’s been so
