Reel FX, a Dallas-headquartered design and CG animated content producer for feature films and commercials, finalized a deal last month to acquire digital effects studio Radium, according to the latter company’s cofounder/president Jonathan Keeton. Radium maintains studios in Santa Monica and San Francisco. Financial details of the transaction were not disclosed.
The two companies–which maintain their respective identities in the marketplace–are in the process of merging their resources and capabilities, laying the groundwork for both to diversify. For example, Reel FX has been proactive in the development of intellectual property, particularly on the animation feature film front, noted Keeton. This represents new ground for Radium, which has provided digital effects services primarily to the commercial production business. Now as the ad industry goes beyond traditional spotmaking to encompass new forms of content, the intellectual property savvy of Reel FX could come into play for Radium, helping it to extend its reach beyond conventional work-for-hire scenarios when dealing with ad community clientele on new marketing/entertainment fare.
Conversely, Reel FX gains footholds in California, enabling its artists to tap into West Coast facilities that could open up new doors in Hollywood, for example. This breaking down of geographic barriers also applies to commercials as Radium can work more directly with Texas agencies, and Reel FX’s artisans can better liaison with agency creatives who are either based or shooting in California.
“This is a wonderful opportunity for all of us,” said Keeton, who now becomes executive creative director of the services division of the combined organization. “Reel FX is a leader in technology and the development of intellectual properties. By combining our studios, we are creating a new entity capable of greater depth in all areas–a new entity where the whole is greater than the sum of its parts.”
Dale Carman, cofounder of Reel FX, described Radium as being “one of the best creative shops in the nation. We’ve long admired its work for clients like adidas, GMC and Target. It is a fantastic opportunity to bring together two like-minded organizations to build something very unique for the industry.”
That like-minded spirit is reflected in the fact that both companies were founded by artists, including Reel FX’s Carman and Radium’s Keeton and creative director Simon Mowbray. Reel FX opened in 1993 while Radium was launched three years later.
Combined the companies have an artists pool of some 130 individuals, with the lion’s share coming from Reel FX. The CEO of the combined operations is Reel FX’s Steve O’Brien.
“Further developments will be announced as the companies complete the integration plans,” stated O’Brien, adding that “the combination of both organizations’ broad capabilities in advertising and entertainment positions us as a leading player in emerging media such as branded entertainment, online and viral campaigns and mobile platform marketing/entertainment.”
AI-Assisted Works Can Get Copyright With Enough Human Creativity, According To U.S. Copyright Office
Artists can copyright works they made with the help of artificial intelligence, according to a new report by the U.S. Copyright Office that could further clear the way for the use of AI tools in Hollywood, the music industry and other creative fields.
The nation's copyright office, which sits in the Library of Congress and is not part of the executive branch, receives about half a million copyright applications per year covering millions of individual works. It has increasingly been asked to register works that are AI-generated.
And while many of those decisions are made on a case-by-case basis, the report issued Wednesday clarifies the office's approach as one based on what the top U.S. copyright official describes as the "centrality of human creativity" in authoring a work that warrants copyright protections.
"Where that creativity is expressed through the use of AI systems, it continues to enjoy protection," said a statement from Register of Copyrights Shira Perlmutter, who directs the office.
An AI-assisted work could be copyrightable if an artist's handiwork is perceptible. A human adapting an AI-generated output with "creative arrangements or modifications" could also make it fall under copyright protections.
The report follows a review that began in 2023 and fielded opinions from thousands of people that ranged from AI developers, to actors and country singers.
It shows the copyright office will continue to reject copyright claims for fully machine-generated content. A person simply prompting a chatbot or AI image generator to produce a work doesn't give that person the ability to copyright that work, according to the report. "Extending protection to material whose expressive elements are determined by a machine ...... Read More