International
China-Dreamworks deal creates Oriental Dreamworks
MUMBAI:In a deal endorsed by China‘s vice-president Xi Jinping, DreamWorks Animation has unveiled a joint venture Oriental DreamWorks with three Chinese companies.
The deal to create the new outfit will have DWA in partnership with China Media Capital, Shanghai Media Group and Shanghai Alliance Investment Limited to produce films, TV series and other content aimed at the Chinese market.
Jeffrey Katzenberg, DWA chief executive met Jinping this week at a State Department event held in Washington. “It‘s hard to over estimate how big a deal this is for DreamWorks Animation,” Katzenberg has been quoted to have said.
“When you look at this in the context of what the world will look like in five to seven years from now, China will be the world‘s number one media market. It will be the largest live entertainment market, the number one consumer products market … so to create a family-branded entertainment company [in China] is an honour for us and a huge opportunity.”
The Chinese groups involved in the venture will hold around 55 per cent of the shares in Oriental DreamWorks while DWA will control the rest. DWA said the that the new company would initially be capitalised with cash and intellectual property valued at $330m. Oriental DreamWorks will launch in Shanghai this year.
The scale of the deal makes it the most significant tie up yet between a Hollywood studio and a Chinese partner.
Hollywood studios have been keen to partner with Chinese groups to give them a foothold in China which has been seen upping the number of cinema screens at a rate of about three screens a day.
China is forecast to be the world‘s biggest cinema market within the next decade and touched $2bn in box-office receipts in 2011, a near $400m increase on 2010.
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.
