Artists Leak OpenAI’s Sora, CA Tax Credit Expansion Still on Track and Inside Paramount’s Search for a Buyer

Plus: LA Times rep cuts short ‘combative’ Patrick Soon-Shiong interview, ‘Moana 2’ earns Disney Animation record $13.8M and MSNBC audience sliced in half [Sam Altman]( [OpenAI's Sora Video Tool Leaked by Artists Recruited as Beta Testers in Protest of 'Corporate AI Overlords']( By Sean Burch A group of artists who were testing OpenAI’s Sora text-to-video tool leaked access to it late Tuesday, claiming the artificial intelligence company was engaged in “artist washing” and forcing its testers to only share positive feedback. OpenAI, after the leak was available for about three hours, shut down access to Sora on Wednesday morning. [Read More]( --------------------------------------------------------------- [California Gov. Gavin Newsom (Getty Images)]( [Hollywood Legislators Still Confident in Tax Credit Expansion Despite Caution Over California Budget]( By Jeremy Fuster California’s relative budget stability was a major reason why Gov. Gavin Newsom announced last month he could support a more than doubling of the state film and TV tax credit program to $750 million. And despite warnings from the state’s legislative analyst that deficits could soon return, legislators and Hollywood stakeholders told TheWrap they’re still confident they can usher the proposed expansion through the five-month budgetary process in 2025. [Read More]( --------------------------------------------------------------- [Paramount bidders]( [Inside Paramount’s Search for a Buyer: Apollo’s Letters, Redstone's Rejections and ‘Party F’Â]( By Lucas Manfredi Ever since the Skydance Media deal was announced, some Paramount investors have accused controlling shareholder Shari Redstone of pursuing David Ellison’s offer to enrich herself. But an SEC filing suggests that reality is more complicated, with the special committee carrying out a long and tiresome process to find a deal that would appease both Redstone and shareholders. The committee reached out to over 50 parties before landing on the $8 billion merger deal, which included a provision for a 45-day go-shop period to find a better offer. [Read More]( --------------------------------------------------------------- [Patrick Soon-Shiong attends the Ambrosetti International Economic Forum 2018 in Como, Italy]( [LA Times Rep Cuts Short 'Combative' Patrick Soon-Shiong Interview About Naming Scott Jennings to Editorial Board]( ['Moana 2' Earns Disney Animation Record $13.8 Million From Box Office Previews]( [rachel-maddow-on-ronna-mcdaniel]( [MSNBC's Audience Sliced in Half as Viewers Flee Post-Election]( [Jordan Chiles for Power Women Summit]( [Gold Medalist Jordan Chiles to Give Power Women Summit Keynote]( --------------------------------------------------------------- [WrapPRO logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](