This is no AI illusion. A perfect storm appears to be gathering around the world of generative artificial intelligence that promises to have profound effects on how Hollywood does business.

In fact, there’s a fair chance that the generative AI revolution will have a bigger impact on Hollywood from a business and ownership standpoint, even before the technology itself can transform the making of movies and TV shows.

It comes down to simple business math meets the major trends reshaping media and entertainment. And they’re all connected. Go with me here:

** A handful of AI firms — including OpenAI , Anthropic and Perplexity — are racking up eye-popping valuations. OpenAI hit $500 billion in August. Anthropic is valued at $183 billion.

** These firms are giving the old guard of the te

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