Redrawing the Animation Industry

Bi-weekly news commentary

Hello friend,

How are you? I hope you’re having a nice weekend.

What was your favorite cartoon growing up?

I can see a smile start forming as you come up with the show’s name and the particular reasons you liked it so much.

When you mix time and tech, evolution will do its thing. And so, the animation industry has also undergone significant changes.

The gist:

If you’re looking at Hollywood these days, you’ll likely see a faded star beyond its prime. There are many reasons for the industry’s decline, including the rise of streaming services, labor disputes and strikes, rising production costs, creative stagnation, and reliance on franchise sure bets, as well as the emergence of alternative content platforms (e.g., TikTok, Instagram). Lastly, the cherry on top - AI is reshuffling everything. The $420 billion global animation industry has long utilized computer-generated animation; however, AI is now reducing time and costs. To be exact, 90% cheaper! This story is about how AI is affecting the animation industry through the journey of one animation studio.

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