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AI Can Cut Cost by 15% for Media Industry: EY
The Daily Guardian
|May 05, 2025
Adoption of Artificial Intelligence (AI) can increase revenues by 10 per cent and reduce costs by 15 per cent for media and entertainment companies, Ernst & Young (EY) asserted in a report published during the first edition of WAVES Summit.
The global media and entertainment (M&E) industry is undergoing a dramatic transformation, driven by the proliferation of artificial intelligence (AI).
From content creation and curation to monetisation and distribution, AI is becoming integral to how stories are told and consumed.
"Our analysis indicates that in the medium term, AI can increase revenues by 10 per cent and reduce costs by 15 per cent for media and entertainment companies," the EY report titled 'A studio called India: Content and media services for the world' said.
Dit verhaal komt uit de May 05, 2025-editie van The Daily Guardian.
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