Runway CEO says AI could help Hollywood make 50 films instead of one $100M blockbuster

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Runway CEO Cristóbal Valenzuela suggested studios should allocate $100 million budgets across 50 films instead of one blockbuster to increase hit chances. He claims AI technology reduces production costs across scripting, visual effects, and execution stages. The 'Bitcoin: Killing Satoshi' film reportedly cut costs from $300 million to $70 million using AI. Valenzuela compared content production to publishing, where increased volume creates more opportunities for success.

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