International
Lucas files for permission to sell $2 Billion in Disney shares
MUMBAI: According to a regulatory filing on the United States Securities And Exchange Commission the creator of the iconic series Star Wars George Lucas may be looking at selling the stock he received when selling Lucasfilm to Disney. A spokesperson on his behalf though countered the statement saying, “(he) does not currently have any plans” to sell.
The regulatory filing signals his right to sell more than 37 million shares, amounting to all the stock he received when he sold Lucasfilm to Disney for $ four billion last year.
Disney filed the Form S-3 Registration Statement on Wednesday, and a spokeswoman characterized it as a required formalization of Disney‘s acquisition of Lucasfilm. According to the filing, The George W. Lucas, Jr. Fourth Amended and Restated Living Trust could sell 37,076,679 million shares of Disney — amounting to about 2.1 percent of the company — “from time to time” until the trust no longer holds any of the stock.
According to the filing the sale of stock could occur via “ordinary brokerage transactions or through any other means described in this prospectus.”
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.
