Jump to content
The Evolution of Gaga
society

Paramount wants Elon Musk’s investment


gagzus
 Share

Featured Posts

gagzus

Paramount, looking to firm up its financial picture as it digests Warner Bros. Discovery, is looking for fresh sources of cash. Executives at the company have discussed asking Elon Musk to become part of a syndicate of equity investors into Paramount, according to people familiar with the matter.

Musk’s name is one of a number of wealthy individuals that Paramount CEO David Ellison has considered tapping for the syndicate, the people said. Musk and David Ellison’s father, Oracle founder Larry Ellison, have long been close, and it is in part the elder Ellison’s money — and connections — that made Paramount’s takeover of Warner Bros. possible. Larry Ellison has personally guaranteed more than $40 billion of the equity financing for Paramount’s acquisition of Warner Bros.

Larry Ellison invested $1 billion in Musk’s 2022 deal to take X, formerly Twitter, private. He also invested in Tesla in 2018, and served on the company’s board of directors for years.

The size of a potential Musk investment could not be determined. A spokesperson for Paramount declined comment. Musk did not return a request for comment
 

https://www.semafor.com/article/09/23/2026/paramount-weighs-tapping-musk-for-equity-investment

  • Sad 6
Link to post
Share on other sites

Hadrian

You don't need more money, you big dumb companies 🙄

rosetta stone is rolling in her grave rn 🙏🥀🥀
  • Like 2
Link to post
Share on other sites

timdrake

kisss my asssssssss

  • Like 2
Link to post
Share on other sites

27monster27
58 minutes ago, bxr said:

Oh wow, the Polansky proxy network courts entertainment investment intrigue once again … this time by way of Nosek via Musk

1.png

4.png
 

You have been killing it with your investigative journalism to help dismantle the tech broligarchy that is calling the shots globally. :applause:

he/him/his
  • Thanks 1
Link to post
Share on other sites

Lucas

Great, after turning Twitter into a nazi propaganda platform, he'll do the same to the entertainment industry.

Link to post
Share on other sites

gagzus
30 minutes ago, Lucas said:

Great, after turning Twitter into a nazi propaganda platform, he'll do the same to the entertainment industry.

Luckily he only will have an equity stake not an ownership stake, meaning he can’t do what he did with X. However, the owner is basically another right wing guy now anyway, who invested in X when he took ownership of it.

The worst they can do is do pro-conservative propaganda and stop funding pro-black, LGBTQ+ etc projects. But if that happens the other corporations will step in to fill the void—even if it’s just purely for profit sake.

Link to post
Share on other sites

bxr
31 minutes ago, Lucas said:

Great, after turning Twitter into a nazi propaganda platform, he'll do the same to the entertainment industry.

And quite possibly on the wings of his proxy partner Sean Parker‘s Hollywood “Greenhouse Coup” blueprint …

4.png

5.png

Lady Gaga probably wasn’t thinking that a coup would unfold in her greenhouse. Then again, she was cohosting a party there with Sean Parker, the billionaire founder of Napster and first president of Facebook. [ … ]

Spoiler

3.png

AI Isn’t Coming for Hollywood. It's Already Arrived ( Zoë Schiffer via Wired)

Lady Gaga probably wasn’t thinking that a coup would unfold in her greenhouse. Then again, she was cohosting a party there with Sean Parker, the billionaire founder of Napsterand first president of Facebook.

It was February 2024, and the singer had invited guests to her $22.5 million oceanside estate in Malibu to mark the launch of a skin-care nonprofit. One of the organization’s trustees was her boyfriend, whose day job was running the Parker Foundation. In the candlelit space, beside floor-to-ceiling windows that looked out over the Pacific, Parker’s people mingled with Gaga’s, nibbling focaccia and branzino alla brace to music from a string quartet (Grammy-winning, of course).

Prem Akkaraju, one of Parker’s close friends and business partners, arrived in a tailored suit, his thick hair coifed to perfection. The two men had known each other since Parker was at Facebook and Akkaraju was in the music industry. Over the years, they’d tried unsuccessfully to launch a movie streaming platform together and—much more successfully—had taken over a renowned visual effects company. Lately they had been talking about starting an AI venture.

That evening at Gaga’s, Akkaraju found himself sitting next to an investor in Stability AI, the company that launched the wildly popular text-to-image generator Stable Diffusion in 2022. Despite its early success, Stability was “circling the drain,” the investor recalls. It was “within days of not having options.” He told Akkaraju: “You should take Stability and make it into the Hollywood-friendly AI model.”

[ … ]

The conversation drifts to rotoscoping. Legato explains that this process, where an artist sketches over a scene frame by frame, used to take hundreds of hours and was reserved for entry-level animators. Now AI can automatically isolate part of an image and add visual effects. “You’d never want your child to work on roto,” he tells me.

The comment is meant to sound optimistic, but it gets to a looming fear about how AI will impact Hollywood. Namely, that the technology will lead to widespread job losses.

“I hear artists at VFX companies say, ‘Hey, I don't want to get replaced.’ Of course you don't want to get replaced!” says Cameron. “If you guys are going to lose your jobs, you're going to lose your jobs over the work drying up versus getting bumped aside by these gen AI models.” The idea, echoed by Akkaraju and Parker, is that as movies become cheaper to produce, more films will get made and overall employment will rise.

When pressed on this point, Akkaraju reverts to an extended metaphor. “Every major transition or technological invention is always met with apprehension at first, and then acceptance, and then it's obvious,” he says. “When ATMs rolled out in the ’80s, all the tellers were really up in arms. They were like, ‘That’s our job. We give withdrawals, we take deposits, and now you’re having this machine do it.’ What’s happened since then is that there are more teller jobs than ever before, and their average pay is higher, even adjusted for inflation.”

Whether the coup that began in Lady Gaga’s greenhouse ultimately saves Stability AI, the AI revolution is here and already transforming Hollywood. That collapsing building, that burning forest, that crowd of people you see when you stream a show or go to the movie theater? One person with a keyboard could’ve made them. The thing about that bank-teller anecdote is that it’s often used by techno-optimists—including Stability AI investor Eric Schmidt. What they don’t mention is that the number of bank tellers peaked around 2015. Since then, it’s been on the decline.

Source ]

1.png

https://stability.ai/  ]

 

3 hours ago, 27monster27 said:

You have been killing it with your investigative journalism to help dismantle the tech broligarchy that is calling the shots globally. :applause:

I genuinely appreciate your companionship in this participatory media critical literacy endeavor … in retrospect, LG7 was quite a natural conduit for Polansky to debut his entertainment sector sea legs, as it appears his mentor network is quite well-versed in orchestrating mayhem … that said, Lady‘s Requiem didn‘t stutter … 

  • Like 1
Link to post
Share on other sites

Duella Dvil

scared janet leigh GIFEVERY DAY IS SOMETHING ELSE I'D PROBABLY BREATHE A SIGH OF RELIEF IF THE KILLER CAUGHT ME IN THE SHOWER

I'M SO DONE WITH MEN AND THEIR STUPID TINY PENISES RUINING EVERYTHING FOR EVERYBODY ELSE

**** AI

**** ELON MUSK

I HOPE YOU CHOKE ON YOUR FAVORITE MEAL

www.instagram.com/theduella666
  • Like 1
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...