Gaming industry could unlock $22 billion in profits on AI-driven cost cuts, says Morgan Stanley

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Advanced artificial intelligence tools could help cut down video game developing costs by nearly half, potentially unlocking about $22 billion in annual ‌profits for game makers worldwide, Morgan Stanley analysts said.   Source: https://finance.yahoo.com/sectors/technology/articles/gaming-industry-could-unlock-22-130801290.html

[The Crisis of Korean Cinema] A Film Made in 3 Years Disappears from Theaters in 7 Days… The Trap of the Standard Contract

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Movies that have taken hundreds of people several years to complete are screened in theaters just seven times before disappearing. This is not accidental; it is a system explicitly outlined in contracts.   Source:  https://www.asiae.co.kr/en/article/2026042209245088076

Blackstone-backed event services provider Encore files for an estimated $500 million IPO

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Encore, which provides audiovisual and other production and venue services for B2B live events, filed on Friday with the SEC to raise up to an estimated $500 million in an initial public offering.   Source: https://www.renaissancecapital.com/IPO-Center/News/118241/Blackstone-backed-event-services-provider-Encore-files-for-an-estimated-$50