{"id":463347,"date":"2024-09-26T17:22:27","date_gmt":"2024-09-26T17:22:27","guid":{"rendered":"https:\/\/Blockchain.News\/news\/runway-introduces-5m-fund-support-ai-augmented-film-projects"},"modified":"2024-09-26T17:22:27","modified_gmt":"2024-09-26T17:22:27","slug":"runway-introduces-5m-fund-to-support-ai-augmented-film-projects","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2024\/09\/26\/runway-introduces-5m-fund-to-support-ai-augmented-film-projects\/","title":{"rendered":"Runway Introduces $5M Fund to Support AI-Augmented Film Projects"},"content":{"rendered":"<figure class=\"figure mt-2\">\n<p> <a href=\"https:\/\/blockchain.news\/Profile\/Joerg-Hiller\">Joerg Hiller<\/a> <span class=\"publication-date ml-2\"> Sep 26, 2024 17:22<\/span> <\/p>\n<p class=\"lead\">Runway launches The Hundred Film Fund to support AI-augmented film projects with up to $5M in funding, potentially growing to $10M.<\/p>\n<p> <a href=\"https:\/\/image.blockchain.news:443\/features\/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg\"> <img decoding=\"async\" class=\"rounded\" src=\"https:\/\/image.blockchain.news:443\/features\/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg\" alt=\"Runway Introduces $5M Fund to Support AI-Augmented Film Projects\"> <\/a> <\/figure>\n<p>Runway, a leading innovator in AI technology, has unveiled The Hundred Film Fund, a new initiative designed to support creative professionals working on AI-augmented film projects. According to <a rel=\"nofollow\" href=\"https:\/\/runwayml.com\/news\/hundred-film-fund\">runwayml.com<\/a>, the fund currently stands at $5 million, with the potential to grow to $10 million.<\/p>\n<h2>Funding Details and Application Process<\/h2>\n<p>The Hundred Film Fund is open to all formats of film, including features, shorts, documentaries, experimental projects, and music videos. Grants range from $5,000 to over $1 million, with an additional $2 million in Runway credits available for awardees. Applications are now open for creative professionals in the pre- or post-production phases of their projects.<\/p>\n<h2>Advisory Panel<\/h2>\n<p>The fund&#8217;s Advisory Panel includes notable industry figures who will provide guidance and help amplify selected projects. Current members of the panel include:<\/p>\n<ul>\n<li>Jane Rosenthal, Cofounder of Tribeca Festival<\/li>\n<li>Christina Lee Storm, EMPG Governor at The Television Academy<\/li>\n<li>Stefan Sonnenfeld, Founder and Senior Colorist at Company 3<\/li>\n<li>will.i.am, Artist, Actor, and Producer<\/li>\n<li>Richard Kerris, VP GM Media &amp; Entertainment at NVIDIA<\/li>\n<\/ul>\n<p>More members are expected to be announced in the coming weeks.<\/p>\n<h2>Industry Impact<\/h2>\n<p>Christina Lee Storm, Creative Producer and Governor of the Television Academy&#8217;s Emerging Media Programming peer group, expressed her excitement about the fund, stating, &#8220;I&#8217;m thrilled to be joining the Advisory Panel for Runway&#8217;s Hundred Film Fund to help give filmmakers and artists around the world the opportunity to iterate and play with new and emerging tools like Runway. I look forward to seeing new stories and methods of storytelling that this Fund will unlock for filmmakers who may not otherwise have the resources they need to tell their stories.&#8221;<\/p>\n<h2>Runway&#8217;s Mission<\/h2>\n<p>Runway aims to democratize access to advanced AI tools for creative professionals. The company is committed to ensuring that the future of storytelling is artist-led, with innovative technologies like Gen-3 Alpha at the forefront of their efforts.<\/p>\n<p>Professionals interested in applying for the fund can do so at <a rel=\"nofollow\" href=\"https:\/\/runwayml.com\/TheHundredFilmFund\">runwayml.com\/TheHundredFilmFund<\/a>.<\/p>\n<p><span><i>Image source: Shutterstock<\/i><\/span> <!-- Divider --> <!-- Author info END --> <!-- Divider --> <a href=\"https:\/\/blockchain.news\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joerg Hiller Sep 26, 2024 17:22 Runway launches The Hundred Film Fund to support AI-augmented film projects with up to $5M in funding, potentially growing to $10M. Runway, a leading innovator in AI technology, has unveiled The Hundred Film Fund, a new initiative designed to support creative professionals working on AI-augmented film projects. According to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":463348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[1129,21616,25,19708,21617],"class_list":{"0":"post-463347","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain","8":"tag-ai","9":"tag-film-funding","10":"tag-news","11":"tag-runway","12":"tag-the-hundred-film-fund"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/463347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=463347"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/463347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/463348"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=463347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=463347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=463347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}