Technology is upending all facets of media and entertainment. New startups are raising capital to jump on audiences' shift to streaming, change hidebound production practices, and more.
Investors have particularly chased AI startups like Runway and Papercup, focusing on innovations such as special effects creation and AI-based translation services to enhance content production and distribution.
Founders like Peter Cioni of Strada and Isabel Rafferty of Canela Media are addressing existing gaps in the market by streamlining production processes and creating platforms tailored for underserved audiences like Latinos.
Legion M's unconventional approach of crowdsourcing funding from ordinary people and engaging users in the development process showcases a unique way for startups to involve their community in decision-making.
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