International
Icahn claims 37.9 per cent Lions Gate stake
MUMBAI: Billionaire investor Carl Icahn has claimed that he now has 37.9 per cent stake of Lions Gate Entertainment Corp and is likely set to push for management change.
By this Icahn and the group affiliated to him would trigger the company‘s newly adopted ‘poison pill’ provision that was designed to block the investor‘s hostile takeover attempt.
Icahn, who just had earlier this week disclosed that his hostile $7 per share tender offer had brought him to a 34 per cent stake in the company said that he achieved 37.9 per cent holding by buying shares at the New York stock exchange.
Icahn and his group believe that the more shares they own, the more influence they will have to change the make-up of Lions Gate‘s board of directors and reverse the direction that Lions Gate is now taking.
The board of Lions Gate, the studio that made films like Man Men and Saw has rejected Icahn‘s bid as too cheap. The studio said it adopted a shareholder rights plan in a move to dissuade Icahn.
International
Utopai Studios unveils 4K three-minute video generation for PAI platform
New Story Agent and editing tools aim to streamline AI-led filmmaking workflows
MUMBAI: Utopai Studios has announced a major upgrade to its PAI storytelling AI platform, introducing what it claims is an industry-first capability to generate three-minute videos in 4K resolution, alongside enhancements to its Story Agent feature.
The update, rolling out from April 15, expands the platform’s capabilities across the filmmaking process, from early concept development to post-production. The company said the new features are designed to help filmmakers maintain continuity across characters, scenes and visual styles, a key challenge in AI-driven storytelling.
At the heart of the release is a next-generation model that enables more structured narrative development, allowing creators to move more seamlessly from idea to execution. With tools such as multi-shot sequencing and multi-turn editing, the platform aims to give both studios and independent creators greater control over complex storytelling workflows.
Commenting on the launch, Utopai Studios co-founder and CTO Jie Yang said, “The next phase of AI in media will not be defined by isolated tools, but by systems that can carry story, continuity and collaboration across the full creative process.” He added that the update is a step towards enabling more practical, end-to-end narrative development at a professional level.
Echoing this, Utopai Studios co-founder and chief scientific officer Zijian He said, “Generative video is opening the door to a new production model, where creative ambition is less constrained by traditional cost and complexity.” He noted that the platform combines multimodal models with iterative editing to give creators more speed, control and consistency.
The company said PAI is already being used in professional film and television productions, particularly in Hollywood, for tasks such as pre-visualisation, scene design and post-production refinements. The latest update adds features including improved voice options, character consistency, unlimited editing and more flexible asset management.
Utopai also emphasised that its models are not trained on copyrighted material, positioning the platform as a cleaner alternative for creators and rights holders navigating the evolving AI landscape.
As AI continues to reshape content creation, Utopai’s latest push signals a shift from standalone tools to integrated systems, aiming to make high-quality filmmaking faster, more flexible and increasingly accessible.
