“We’re confident that AI is going to help us and help our creative partners tell stories better, faster and in new ways — we’re all in on that. We’re not worried about AI replacing creativity."By Ted Sarandos, co-CEO of Netflix, in a call with analysts.
"I might be too pessimistic, but $500B for this company doesn't make any sense. Its future depends on cash inflows due to the current market enthusiasm, but nobody can guarantee that it will last for another 4-5 years. And even if it were, the bu...

$500 billion
That’s the new official market value of OpenAI, the parent company of ChatGPT, following the sale by company employees of $6.6 billion worth of shares to investors, making the AI company the highest valued startup in the world. OpenAI was last valued at $300bn after a $40bn funding round earlier this year. The AI startup, which has yet to turn a profit, reported an operating loss of $7.8bn in the first half of 2025, while revenue reached $4.3bn during that period.
$8 billion
That's ...

These are some of the main stories published in recent weeks by Creative Industries News:
COPYRIGHT & REGULATION> Creators’ organisations outline views on copyright and generative AI to MEPs> Over 100 business leaders call for the EU to block Universal Music Group’s proposed acquisition of Downtown Music Holdings> IFPI’s enforcement action leads to the closure of 12 stream ripping sites from Vietnam, including Y2mate.com> Dutch anti-piracy outfit BREIN granted trusted flagger status> Ireland...