International
Imax stocks surge
MUMBAI: Amid reports that Sony Corp. and Walt Disney Co. were eyeing to acquire Imax Corp., the giant-screen exhibitor expressed surprise of its stocks drifting north wards.
Upon asked by the Toronto Stock Exchange to explain recent heavy trading in its stock, including one last Friday when it recorded a high of $32.30, Imax said it “is not aware of any corporate developments to account for this activity.”It added that it does not comment on rumors or speculation, and so would not comment further.
It is reported that Sony may offer $40 per share for the large-format theatre chain, while the Walt Disney Co. was also ready to pay more.In 2009, Imax had denied that it was in acquisition talks with Walt Disney after it became the subject of faux press release issued online.
The most recent takeover speculation swirling round Imax comes on the heels of the exhibitor‘s reaching a number of milestones following a long 70 mm film-to-digital transition and an impressive expansion in 3D exhibition.
Imax, in recent quarters, has pointed to sustained earnings growth from joint revenue-share theatres and re-mastering and releasing Hollywood films in its extra-big format.
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.
