Lionsgate’s Michael Burns Says AI Will Save The Company “Tens And Tens Of Millions Of Dollars A Year”

Article excerpt

Lionsgate Vice Chairman Michael Burns predicted that artificial intelligence will save the studio "tens and tens of millions of dollars a year" across film and TV production, FAST channel curation, and other operations. Burns's forecast aligns with a broader industry push to embrace AI for cost reduction, though the claim lacks specifics about which processes would be automated or streamlined. The statement positions AI firms as potential "wild-card" players in entertainment, suggesting the technology could reshape studio economics and competitive dynamics.