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But the unique accounting standards that the industry has long relied on to make those calculations is anything but straightforward. “Hollywood accounting,” as a concept, is so specific to the entertainment business it has its own Wikipedia page. And while experts say this kind of creative accounting is perfectly legal, the tactics involve some of the most fantastical fictions ever devised in Tinseltown. To actually make the movie, the subsidiary inevitably takes on expenses — crew wages, craft services, set design, props etc. That means all of these “creative” expense allocations shouldn’t affect what net profits the studio’s shareholders see.
Persons: CNN Business ’, “ Forrest Gump ”, , Harry Potter, United States ’, Stephen Glaeser, Glaeser, ” Glaeser, it’s, Bridget Stomberg, , Mark Young, ” Young, Tommy Lee Jones, Will Smith, Ed Solomon, Solomon, Sony didn’t, you’ll Organizations: CNN Business, New York CNN, United, University of North, University of Indiana’s Kelley Business School, University of Southern California’s Marshall School of Business, Sony Pictures, Sony, CNN Locations: New York, United States, Tinseltown, University of North Carolina
Emily Hanley is a freelance copywriter, writer, and comedian. She started losing work when clients decided to use ChatGPT instead of hiring a copywriter. For the past several years, I worked as a full-time freelance copywriter i.e. Challenger, Gray & Christmas reported data that showed Artificial Intelligence led to nearly 4,000 job losses in May of 2023. Emily Hanley is a freelance copywriter and comedian.
Persons: Emily Hanley, Hanley, I'm, I've, we've, I'd Organizations: Brand, Artificial Intelligence Locations: Capri, Hawaii
Themed “Unleashing the potential and value of the African Creative Industry,” the continent’s billion-dollar creative industry will be at the center of conversations at the event, which aims to shine a spotlight on the possibilities and untapped value that the industry holds. Courtesy Platform CapitalAs an advocate for the continent’s cultural potential, Akindele is passionate about changing misconceptions surrounding the African creative industry at Africa Walk. “There’s a myth about the creative industry (in Africa) - that it is not structured and that you cannot put money in there,” he said. Similar to the oil industry’s success, the creative industry requires a lot of refineries to produce the finest oil product. The same refining is highly needed for our creative industry now,” said the singer whose real name is Oladapo Daniel Oyebanjo.
Persons: , Lehle Balde, Akintoye Akindele, ” Akindele, Lai Mohammed, Renee Yao, , Nollywood, Party ”, Afrobeats, Kunle Remi, D’banj, creatives, “ I’ve, Daniel Oyebanjo, Oyebanjo, Riyah Abdul, ” Abdul Organizations: Nigeria CNN, Capital, CNN, African Creative Industry, Nigerian Information, Global Healthcare, Nvidia, Party, Africa Locations: Abuja, Nigeria, Africa, Senegal, Dakar, Lagos, Europe, North America, Asia, South Africa, Kenya
It marks a renaissance of sorts for the Hmong community, which has historically been insular. He also recently appeared on "Iron Chef" and was the first to serve Hmong food at the Minnesota State Fair. Though for decades, Xiong said Hmong businesses struggled to market outside the Hmong community. La Vang-Herr also opened her Hmong business in an area with few Hmong residents. Sean LeschMortchee's, a Hmong eatery in a former Wausau, Wisconsin, ice-cream stand, has also been a lifeline for the local Hmong community since opening earlier this year.
Persons: Yia Vang, Vang, James Beard, Kao Kalia Yang, Sunisa Lee, Lee Pao Xiong, Paul, Xiong, Peng Her, They're, We've, Diane Moua, Moua, Gemma Weston, Mai Vang, Pom, La, Herr, Sean Lesch Mortchee's, Sa Sor Lee, there's, Lee, Toua Xiong, we've, Pheng, we're Organizations: Service, Union Hmong, Minnesota, Fair, Google, Center, Hmong Studies, Concordia University, St, Pew Research Center, Hmong Institute, Twin Cities, Twin, American Farmers Association Locations: Wall, Silicon, Vang, Minneapolis, Oakland , California, Vietnam, Madison , Wisconsin, Minnesota, Twin, Siskiyou County, California, New York, Montague, Oregon, Portland , Oregon, Wausau , Wisconsin, Twin Cities, St
[1/4] South African aspiring designer Khumo Morojele inspects a second hand clothing imported from the West and sold in bales in markets known as Dunusa, at his studio, in Johannesburg South Africa, July 3, 2023.REUTERS/Siphiwe Sibeko/File PhotoJOHANNESBURG, July 14 (Reuters) - Two South African aspiring designers, Khumo Morojele and Klein Muis, spend hours at a second-hand street market in Johannesburg looking for fashion items. The duo then upcycles what they find into clothing or accessories they say express uniquely African style. The duo's current project, "Dunusa: Life of a Garment", sees them sourcing second-hand clothing often sent to Africa from European countries, which are then deconstructed and reworked into avant-garde and abstract fashion. They are working with a Ghanaian shoemaker on a project to turn old soccer boots into sandals that reflect both African and European love for the sport. Reporting by Catherine Schenck, Writing by Tannur Anders; Editing by Olivia Kumwenda-Mtambo and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.
Persons: Khumo Morojele, Siphiwe, Klein Muis, Catherine Schenck, Tannur Anders, Olivia Kumwenda, Rosalba O'Brien Organizations: REUTERS, Thomson Locations: Johannesburg South Africa, JOHANNESBURG, Johannesburg, Africa, Berlin
The best Apple iPad Prime Day dealsDeal icon An icon in the shape of a lightning bolt. Lowest Price Apple iPad 9th-gen (2021) Apple's 2021 9th-gen 10.2-inch iPad is an absolute steal at $249 for the 64GB model. Deal Apple iPad Air (2022) The 2022 iPad Air has the same power as the 2021 iPad Pro for a lower price. The 9th generation iPad uses Apple's exclusive Lightning chargers, while the 10th uses the more common USB-C. The iPad Air and iPad mini are both great if you expect to travel with your iPad a lot.
Persons: it's, creatives Organizations: Amazon, Apple, iPad, Netflix, Air
The 64GB iPad Mini, the most petite of Apple's tablet lineup, is available for just $379.99. Apple iPad Mini Prime Day dealDeal icon An icon in the shape of a lightning bolt. Lowest Price Apple iPad Mini 6th-generation 64GB (2021) The 6th-generation iPad Mini has an 8.3-inch Liquid Retina display, Apple's A15 Bionic processor from the iPhone 13 series, and a design that looks like the iPad Air. Lowest Price Apple iPad Mini 6th-generation 256GB (2021) The iPad Mini is a powerful tablet in a small package that's perfect for portability. $529.99 from Amazon Originally $649.00 Save 18%The iPad Mini is better than you might thinkThe newest iPad Mini may be small in size but certainly not in capabilities.
Persons: it's, , you've Organizations: Amazon, Apple, M1, iPad
A Berkeley professor said AI developers are "running out of text" to train chatbots at a UN summit. But Russell's insights point toward another potential vulnerability: the shortage of text to train these datasets. A study conducted last November by Epoch, a group of AI researchers, estimated that machine learning datasets will likely deplete all "high-quality language data" before 2026. Language data in "high-quality" sets comes from sources such as "books, news articles, scientific papers, Wikipedia, and filtered web content," according to the study. Russell added that while there are possible explanations for such a purchase, "the natural inference is that there isn't enough high-quality public data left."
Persons: Stuart Russell, Russell, OpenAI, Elon Musk, he's, Sarah Silverman, Mona Awad, Paul Tremblay, Sam Altman, Altman Organizations: UN, University of California, International Telecommunication Union, OpenAI Locations: Berkeley, UN, Abu Dhabi
CNN —Comedian Sarah Silverman and two authors are suing Meta and ChatGPT-maker OpenAI, alleging the companies’ AI language models were trained on copyrighted materials from their books without their knowledge or consent. A new crop of AI tools has gained tremendous attention in recent months for their ability to generate written work and images in response to user prompts. The large language models underpinning these tools are trained on vast troves of online data. The complaint against Meta similarly claims that the company used the authors’ copyrighted books to train LLaMA, the set of large language models released by Meta in February. The legal action from Silverman isn’t the first to focus on how large language models are trained.
Persons: Sarah Silverman, OpenAI, Silverman, , Christopher Golden, Richard Kadrey, ChatGPT, , Meta, Silverman isn’t, Sam Altman, “ We’re Organizations: CNN, Meta, OpenAI, Facebook Locations: San Francisco federal
Two writers are suing OpenAI, accusing the company of ingesting their books to train ChatGPT. A law professor anticipates more lawsuits involving copyright law and generative AI in the future. Two award-winning authors recently sued OpenAI, accusing the generative-AI bastion of violating copyright law by using their published books to train ChatGPT without their consent. The suit is the latest example of tension between creatives and generative AI tools capable of producing text and images in seconds. Daniel Gervais, a law professor at Vanderbilt University, told Insider that the writers' lawsuit is one of a handful of copyright cases against generative AI tools nationwide.
Persons: OpenAI, Mona Awad, Paul Tremblay, Daniel Gervais, Gervais, Awad, Andres Guadamuz, Guadamuz, Tremblay Organizations: Morning, Vanderbilt University, University of Sussex, Guardian, Big Tech Locations: US, Northern California
Olamide Soyemi and Cullen FarleighThey were surprised in September 2019 to hear from a specialist mortgage advisor that they could secure a £500,000 mortgage. "When we started freelancing as ad creatives, we had a dream to transition into making our own content," Soyemi said. Olamide Soyemi and Cullen FarleighA few weeks later, a bit of the kitchen floor felt spongy. "It's the nightmare thing to have in your house," Farleigh said. Olamide Soyemi and Cullen Farleigh"This house has become more than just a possible asset — more than just a house," Soyemi said.
Persons: , Olamide Soyemi, Cullen Farleigh, Cullen Farleigh Soyemi, Farleigh, Soyemi, Dad Poor, Elizabeth, lockdowns, Cullen, They're, dabble, It's Organizations: Service, Farleigh Locations: London, Soyemi, Farleigh, Central London, East London, Victoria
Olamide Soyemi and Cullen FarleighThey were surprised in September 2019 to hear from a specialist mortgage advisor that they could secure a £500,000 mortgage. "When we started freelancing as ad creatives, we had a dream to transition into making our own content," Soyemi said. Olamide Soyemi and Cullen FarleighA few weeks later, a bit of the kitchen floor felt spongy. "It's the nightmare thing to have in your house," Farleigh said. Olamide Soyemi and Cullen Farleigh"This house has become more than just a possible asset — more than just a house," Soyemi said.
Persons: , Olamide Soyemi, Cullen Farleigh, Cullen Farleigh Soyemi, Farleigh, Soyemi, Dad Poor, Elizabeth, lockdowns, Cullen, They're, dabble, It's Organizations: Service, Farleigh Locations: London, Soyemi, Farleigh, Central London, East London, Victoria
CNN —“I really wanted to be the founder of a literature festival in New York,” Victoria Amelina, Ukrainian writer and activist, once told a roomful of Londoners. Her life of late was dedicated to documenting Russian war crimes. Documenting stories of people she met in liberated territories, Victoria found a diary written by the writer and poet Volodymyr Vakulenko. A woman mourns the death of Ukrainian writer Victoria Amelina during her memorial service at St. Michael's Golden-Domed Monastery, Kyiv. “Ukrainian manuscripts burn all too well.”Many Ukrainian manuscripts have already burned in the fires caused by Russian shelling.
Persons: , Read, CNN — “, Victoria Amelina, Olesya, Sharp, Victoria, Andrei Kartapolov, , Volodymyr Vakulenko, Volodymyr, Kyiv’s, Michael's, Mikhail Bulgakov, Bulgakov’s Stalin, Margarita, ” “, Volodya Organizations: Ukrainian Institute London, CNN, Russian Duma Defence, New York Literature, Ukrainian Armed Forces, Arsenal, PEN Ukraine, Twitter, Facebook Locations: Central Europe, Khromeychuk, New York, Ukrainian, Donetsk, Kramatorsk, Ukraine, Russian, York, Yorks, Victoria, Kharkiv, Paris, Soviet, St, Kyiv, London, Popasna
A majority (57%) of all surveyed consumers believe generative AI will enhance their personal creativity, and the number rises as consumers get younger: 75% of Gen Z consumers say generative AI will make them more creative. And when it comes to their experiences with brands, 72% of global consumers say generative AI will improve their customer experiences, with eight out of ten millennial (80%) and Gen Z (83%) consumers expressing similar optimism. Consumers want companies to use generative AI to improve experiences – responsiblyWhen it comes to the most important things companies should do when using new generative AI technologies, consumers ranked responsibility #1, with 34% prioritizing actions like having guardrails in place to encourage responsible use. Generative AI will help boost efficiency and make customer experiences more personal. Learn more about Adobe's differentiated approach to generative AI – including next-generation customer experiences enhanced by Adobe Sensei GenAI, and our creative co-pilot Adobe Firefly.
Persons: Anil Kamath, there's, Adobe, they've, , Adobe Sensei GenAI Organizations: Adobe, CAI, CX, Insider Studios Locations: United States, United Kingdom, Denmark, Netherlands, Sweden, Germany, France, Australia, New Zealand, Japan, India, Singapore, Thailand, Malaysia
CNN —Carved through and framed by the mighty River Danube, Budapest and its beautiful skyline make it one of Europe’s finest and most compelling cities. The Ruin Bar District has seen its success spread too, with other bars appearing in ruined buildings across the city. CNNIt’s a sobering fact that, just 35 years ago, Budapest had a much different feel compared with its current vibrant air. That’s not to say, however, that the country, and Budapest in particular, does not have a strong independent streak. If Bakancsos Piac is imbued with the spirit of Budapest, then so too is the game of button football.
Persons: Katinka Orosz, , Fuge, Andrassy, Imre Horvath, Bakancsos Piac, He’s, Horvath, Mark Pataki, Organizations: CNN, Bars, Bar, Nazi, Soviet, Eastern Bloc, Park, Button, CNN Today’s, European Union, NATO, brac, Football, Budapest Pinball Locations: Budapest, Buda, Pest, Austro, Hungarian, VII, Hungary, Soviet, Soviet Union, CNN Today’s Hungary
He used AI platform Midjourney to create a catalog of bomb shelter furnishings in the style of an Ikea catalog. He's generated more than 24,000 images using Midjourney; Ikea, of course, wasn't involved. He prompted the tool to create images of bomb shelter furnishings and the results look like they're straight out of an Ikea catalog. For creatives like Filkovic, AI tools could ultimately serve as a breakthrough for bringing abstract concepts to fruition. Take a closer look at the images that AI-powered Midjourney generated for Filkovic's bomb shelter series:
Persons: Filip, Philatz, wasn't, Filkovic, Pope Francis, Donald Trump, He's, Wes Anderson, Midjourney, it's Organizations: Ikea, Facebook Locations: Croatia
Here are 12 tips for crafting the best ChatGPT prompts, from assigning it a persona to being polite. Here are 12 ways you can write better ChatGPT prompts. "Clear and specific prompts lead to more relevant and useful responses," she said. Couto finds that the best marketing copy reads at a fifth-or sixth-grade level, which includes "short sentences and paragraphs, a conversational tone, and simple language." Feed ChatGPT an outlineIf you want ChatGPT to generate longer posts, Couto suggests giving the AI a specific structure and outline.
Persons: ChatGPT, It's, Jacqueline DeStefano, Jason Gulya, Rob Cressy, Cressy, Peggy Dean, Dean, " DeStefano, Tangorra, Agatha Christie's Miss, DeStefano, Gulya, Anna Bernstein, didn't, Bernstein, Ashley Couto, Couto Organizations: Berkeley College, GPT, Facebook
Lagos, Nigeria CNN —For the first time, Essence Fest – which has been celebrating African American culture in the United States for more than two decades – is devoting a day to Nigeria’s Nollywood film industry – the most prolific in Africa. “Nigeria will have its own day in terms of the film and TV industry, where we are front and center. “It’s such an honor to be part of this inaugural official Nollywood delegation to the Essence Festival. Last year, Amazon Prime Video secured exclusive streaming agreements with two Nollywood film studios in its hunt for African content. (But) we have to take our stories out … by participating in international events like the Essence Festival and the Cannes Film Festival.
Persons: Nigeria’s, Toyosi, , Shawn Faqua, , Daniel Etim Effiong, Nollywood, Effiong, Etim Effiong Organizations: Nigeria CNN —, Culture, CNN, , Essence, Amazon Prime, Netflix, Cannes Film, American Locations: Lagos, Nigeria, United States, Africa, New Orleans, “ Nigeria, West African, Nigerian, Nollywood
Family offices are the private wealth management firms managing the fortunes of wealthy families. But six people agreed to pull back the curtain on family offices to reveal their inner workings. Trust comes before everything elseThe world of family offices is built on relationships and trust before everything else. "Family offices really primarily are about wealth preservation," said Nisa Amoils, managing partner of A100x Ventures who also sits on the board of the Swig Family Office. "As much as it is a family business, it is also the business of family," said Swig.
Persons: Jahnavi Kumari Mewar, JKM, Oliver Swig, I've, Swig, We've, hasn't, Amoils, Consuelo Vanderbilt, SohoMuse, Vanderbilt, Maximilian Winter, Roy, Ben Bergman, bbergman Organizations: North, RBC, Campden, nouveau, Forbes Iconoclast Summit, A100x Ventures, Vanderbilt, Central American, Wimbledon, Harmonix, SOJA Ventures Locations: New York, Columbus, Central America, San Francisco
Model Ismael Savane pictured in an Air Afrique T-shirt during Paris Fashion Week Mens Spring-Summer 2023 on June 23, 2022 in Paris. “We want to revive the African transcendence that Air Afrique represented,” Lamine Diaoune, the founder and creative director of the Air Afrique collective, said in a statement. It really was about more than just flights.”An Air Afrique stewardess, pictured during training in Abidjan, Côte d’Ivoire, in 1971. The cover of Air Afrique magazine's first issue, featuring the French rapper Tiakola (far right). (All members of the Air Afrique collective have backgrounds in creative fields; each also has projects outside of the group, too.)
Persons: Michel Renaudeau, Côte, Senegal —, Ismael Savane, Melodie Jeng, ” Lamine Diaoune, , Djibi Kébé, ” Kébé, , Côte d’Ivoire, they’ve, Bottega, Tiakola, Lamine Diaoune, Djiby Kébé, Jeremy Konko, Amandine Nana, Zhedy Nuentsa, Bamba Thiam, Axel Pelletanche, ” Nana, Paul Kodjo, Marie, Hélène Tusiama, Tusiama, ’ ” Pope Jean, Paul II, Jean, Claude Delafosse, Pope Jean, Abdel El Tayeb, El Tayeb, Matthieu Blazy, El Tayeb’s Organizations: France CNN, Afrique, Air, Central African, Paris, Centre Pompidou, Air Afrique, , Air Afrique Air Afrique’s, Franco, El Locations: Paris, France, New York City, Mauritania, Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Côte d’Ivoire, Gabon, Niger, Republic of, Congo, Senegal, West Africa, New York, Abu Dhabi, Europe, Abidjan, Côte, Dakar, West, Africa, Ivory Coast, , , Sudanese, El
Dozens of companies are using AI tools to enhance their marketing strategies, a Bynder study found. Clients are also using AI to optimize their content, improve spelling and grammar, and paraphrase information, according to the study. As a result, marketing teams have gotten the tech to brainstorm ideas, come up with grabby hooks, and complete research tasks. Marketing teams are even deploying AI by having the tech repurpose content and develop the voice of their companies' brand. High-level executives agree that AI can boost a marketing team's bottom line.
Persons: Bynder, Peggy Dean, Jacqueline DeStefano, Jonathan Adashek, Adashek, Warren Daniels Organizations: Morning, Spotify, Canon, Puma, IBM Locations: Bynder
This article is part of CMO Insider, a platform that explores how the role of chief marketing officer is evolving. High tech rules, but traditional media still matters, CMOs sayEven with the dominance of social platforms and the emergence of AI, traditional media still plays a key role for brands. "We rely on traditional media for content whose audiences are still engaging that way, whether it's out-of-home or broadcast. In hospitality, "traditional media still plays a huge role," said Accor's Schellenberger. 1 KPI is building awareness, traditional media is still the best way to do it, along with other digital media tools."
Persons: Ewan McIntyre, it's, Alex Schellenberger, Marian Lee Dicus, Kimberly Whitler, Jessica Jensen, Jensen, Colin Kaepernick, hasn't, Marian Lee, I'm, Whitler, Jonathan Adashek, IBM's, Adashek, ChatGPT, Somebody's, Schellenberger, Netflix's, Indeed's Jensen, Accor's, there's, Dicus, Charlotte, Gartner's McIntyre Organizations: Marketing, Accor, University of Virginia's Darden School of Business, Nike, Netflix, IBM, Research Locations: Paris, jobseekers, Germany
Zulie Rane makes six figures as a content creator. But when you're burgeoning into a full-time content creator, you absolutely will require a personal brand. All you really need for a home office as a content creator is a desk, a phone, and a closed-off area. I was ready to take my YouTube content to the next level. Zulie Rane is a full timc content creator.
Persons: Zulie Rane, Rane, , it's, Nick Wolny Organizations: Service, YouTube, Research Locations: Boston
Leah Lewis is only 26, but she's already spent more than half her life trying to make it as an actor. In "Elemental," Lewis voices the lead character Ember, a fire-type living in a world where residents embodying fire, water, air and land co-exist in Element City. For Lewis, it's one of a handful of bigger roles she's landed in a few short years. Even when I landed some kind of success with "Nancy Drew," "The Half of It," now "Elemental," I think, "Are you sure?" I've done the work, and the work really leads me to feel like I'm not like faking it.
Persons: Leah Lewis, she's, she'll, Lewis, Ember, it's, George, Fan, Nancy Drew, Netflix's, Alice Wu, Peter Sohn, I've, I'm, AAPI creatives, They'd Organizations: Disney, Academy Museum of Motion Pictures, Hollywood, CNBC, Pixar, American, Pacific Locations: Los Angeles , California, Los Angeles, City, Wade, Georgia, Shanghai, China, American
General liability insurance covers a wide variety of events that could harm my small business. See Insider's picks for the best life insurance companies »It provides broad financial protectionProfessional liability insurance is geared toward people who provide services. General liability insurance can protect against these events:Bodily injury: Suppose you host an event or have a brick-or-mortar store. In that case, general liability coverage can help pay to repair or replace someone else's damaged items or property. Should I host in-person workshops or events, general liability insurance can cover medical or legal bills if someone gets hurt during an event.
Persons: , I'm, creatives, Chubb Organizations: Service Locations: begrudgingly
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