EQS-News

'Innovation through partnerships: Your Family Entertainment AG integrates artificial intelligence (AI) into its corporate strategy' - Seite 2

 "Our media library, with an original production value of over 1.2 billion euros, is at the heart of our strategy. The use of AI-supported image and sound editing technology makes it possible to significantly increase the quality of our series and films. We will not create any new IPs through 'Generative Artificial Intelligence' until this area has been legally clarified. Our existing IPs offer a wide range of opportunities to enhance and expand existing content," CEO Dr. Stefan Piëch continues. "AI is often seen as a threat to the creative industry. We see enormous opportunities and potential for our business model in combination with our extensive IP. We are therefore delighted to be able to draw on the expertise of several expert strategic partners for the project."

 

1. Cooperation with Adesso SE / service provider in the IT sector

"Artificial intelligence gives media companies a new perspective on their exploitation rights. Videos can be described with detailed metadata, new lip-synchronous language versions are possible, automatic subtitling in almost all languages is easy to produce, highlights can be produced automatically and even books can be created from videos. This opens up new sources of revenue for the company and relieves employees of monotonous work, so that the time gained can be used for new creative ideas," says Jürgen Sewczyk, Managing Partner of Adesso.

2. Partnership with Lalamu Studio, specialist for AI synchronization

"Our AI model for lip-syncing (Lalamu Studio) excels at making non-speaking characters in videos speak and achieving impressive results not only with human faces but also with non-human (e.g. animation) faces. By combining AI tools such as text-to-video, text-to-speech, voice cloning and lip sync, we are already seeing a significant shift in thinking in the creative and film industry," says Matthias Spitzer, CEO of Lalamu.

3. Cooperation with Relativity GmbH / Mindverse, leading provider of AI-based analysis tools

YFE has also entered into a cooperation with Relativity GmbH, a leading provider of AI-based analysis tools with its product Mindverse.

"This collaboration enables us to analyze user behavior in accordance with the highest European data protection standards and to tailor our content even more precisely to the preferences and needs of our target group," explains Dr. Stefan Piëch.