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Eros Investments collaborates with IIT Bombay to develop AI-based script generating tool Kurosawa
Mumbai: Global media, entertainment and technology portfolio of ventures Eros Investments has announced a strategic collaboration with IIT Bombay to design and develop an AI-based tool for automatic script generation.
Named Kurosawa, after the celebrated Japanese film director Akira Kurosawa, the software will assist film makers in developing the plot and script of movies by generating a full-length feature film script. IIT Bombay will also create a whitepaper on Kurosawa for academic and research purposes.
The teams from IIT Bombay and Eros have been collaborating on Kurosawa for over a year. Kurosawa will help identify the right genre, output logline, and synopsis and deliver a potentially hit script that can be customized further as required. In the current phase, Kurosawa can generate multiple engaging plots and scenes basis single input. For example, it can create genre-specific movie plots, basic genre(s) and a short 2-3 sentence prompt. It can also create scenes in a standard screenplay format basis a brief description.
Automatic Movie Script Generation is a subfield of Natural Language Generation (NLG). The machine can learn plot and scene generation from the pre-existing data with minimum human intervention.
Eros Investments director Swaneet Singh said, ” This association between Eros Investments and IIT Bombay is an excellent example of the amalgamation of the left and right brain. Kurosawa is a pioneering and cutting-edge technology that will revolutionize the entertainment sector. The tool will enable scriptwriters to focus on creativity and quality while doing the groundwork for them. This innovation marks a new milestone for Eros Investments that will be used as a case study in the future.”
IIT Bombay dean of research and development Prof. Milind Atrey, added, “Kurosawa will be a huge opportunity to transform the art of storytelling with proficiency and improve efficiency for content creators. We welcome collaboration with Eros investments, led by Prof. Pushpak Bhattacharyya from IIT Bombay, to provide automation to the process of scripting in the entertainment industry. As the outcome of the research, IIT Bombay will also be jointly launching a white paper on Kurosawa that will be used for academic and research purposes, further supporting the upcoming generation looking to make a mark in the industry.”
Kurosawa is based on the latest deep learning and natural language processing technologies. It is led by Prof. Pushpak Bhattacharyya, known for his artificial intelligence and machine learning expertise, and an internationally renowned research group. He is a professor in the computer science and engineering department at IIT Bombay and is a Fellow of the National Academy of Engineering (2015) and Abdul Kalam National Fellow (2020). Prof. Bhattacharyya is supported in this project by the students from IIT Bombay who are a part of the curriculum.
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Netflix cuts jobs in product division amid restructuring
Layoffs hit creative studio unit as leadership and strategy shifts unfold.
MUMBAI: The streaming wars may be fought on screen, but the latest plot twist is unfolding behind the scenes. Netflix has reportedly begun laying off several dozen employees from its product division as part of an internal reorganisation, according to a report by Variety. The cuts are believed to have primarily affected the company’s creative studio unit, which works on marketing assets such as in app trailers, promotional visuals and live experience content for the streaming platform.
The company has not disclosed the exact number of employees impacted.
According to the report, the layoffs were not tied to employee performance. Instead, the restructuring eliminated certain roles while other employees were reassigned to different teams within the organisation.
The roles affected are understood to include designers, producers and creative specialists responsible for marketing and brand experience initiatives.
The job cuts come as Netflix adjusts its leadership structure and reshapes its product and creative teams. Last month, Elizabeth Stone was promoted from chief technology officer to chief product and technology officer, giving her oversight of product, engineering and data operations across the company.
Earlier, in December 2025, Netflix also appointed Martin Rose as head of creative for global brand and partnerships, a move seen as part of a broader restructuring of the company’s brand and product functions.
Despite the layoffs, Netflix remains one of the largest employers in the streaming sector. The company is estimated to employ around 16,000 people globally, with roughly 70 percent of its workforce based in the United States and Canada. In 2023, the company reported approximately 13,000 employees, indicating that its headcount had grown significantly before the latest restructuring.
The workforce changes arrive at a time when Netflix is navigating a shifting financial and strategic landscape in the global entertainment industry.
The streaming giant recently secured $2.8 billion in additional cash after receiving a breakup fee from Paramount Skydance following its withdrawal from a deal involving Warner Bros. Discovery.
Speaking to Bloomberg, Netflix co chief executive Ted Sarandos explained that the company had evaluated multiple scenarios during the negotiations but chose not to match the competing offer once it learned that a higher bid had been submitted.
Netflix had capped its offer at $27.75 per share and ultimately stepped back rather than pursue Paramount’s $111 billion acquisition deal, which included a personal guarantee.
Sarandos also cautioned that the financing structure behind the Paramount Skydance transaction could have ripple effects across the entertainment industry.
According to him, the debt heavy deal could trigger significant cost cutting, with David Ellison, chief executive of Paramount Skydance, expected to eliminate about $16 billion in costs and potentially cut thousands of jobs as part of the integration process.
For Netflix, the current restructuring appears to be part of a broader attempt to streamline operations while continuing to invest in product, technology and global content even as the streaming industry enters a new phase of consolidation and financial discipline.
