Cinelytic, developer of an AI-driven data analytics platform for the entertainment industry, acquired Jumpcut Media, an AI firm that develops IP management and audience analysis tools. Terms of the deal were not disclosed.
“With the addition of Jumpcut’s powerful technology, Cinelytic tools become an even more essential tool for studios, producers, and executives looking to make strategic, well-informed content decisions,” said Tobias Queisser, co-founder & CEO of Cinelytic (pictured). “We recognize the challenges studio executives are facing today, from budget constraints to navigating evolving market dynamics. Our AI solutions provide the critical business insights and productivity tools needed to increase accuracy and efficiency – without impacting the creative process. Cinelytic sees AI as a utility that closes the gap between business strategy and creative vision, ensuring that great storytelling reaches its full potential.”
Jumpcut’s flagship ScriptSense tool, for instance, will be integrated into the Cinelytic platform, “allowing users to manage, analyze, and evaluate IP including film/TV scripts and books at scale.”
“We are thrilled about the potential this combination unlocks and are excited to take our products to the next level,” said Jumpcut founder and CEO Kartik Hosanagar. “Our mission has always been to enhance the creative process, not hinder it. By joining forces with Cinelytic, we are reinforcing the notion that AI should support creativity through better business intelligence and productivity.
According to the companies websites, Jumpcut’s current client roster includes LBI Entertainment and Hidden Pictures, while Cinelytic’s roster includes Lionsgate and Warner Bros.
One of Cinelytic’s latest AI tools, Callaia, was launched last fall and is designed to analyze scripts.
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