Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

One Coin to Rule Them All...

Characters enter the public domain. Winnie the Pooh becomes a killer. Where is remix culture going?

ANDREW DALTON
April 16, 2024

LOS ANGELES (AP) -- The giant stuffed bear, its face a twisted smile, lumbers across the screen. Menacing music swells. Shadows mask unknown threats. Christopher Robin begs for his life. And is that a sledgehammer about to pulverize a minor character's head?

Thus unfolds the trailer for the 2023 movie "Winnie the Pooh: Blood and Honey," a slasher-film riff on A.A. Milne's beloved characters, brought to you by ... the expiration of copyright and the arrival of the classic children's novel into the American public domain.

We were already living in an era teeming with remixes and repurposing, fan fictions and mashups. Then began a parade of characters and stories, led by Winnie the Pooh and Mickey Mouse with many more to follow, marching into the public domain, where anyone can do anything with anything and shape it into a new generation of stories and ideas.

After a two-decade drought brought on by congressional extensions of the copyright period in 1998, works again began entering the public domain -- becoming available for use without licensing or payment -- in 2019. The public began to notice in 2022, when Winnie the Pooh was freed for use as the 95-year copyright period elapsed on the novel that introduced him.

That made possible " Blood and Honey -- not to mention a sequel that dropped last month, a forthcoming third and plans for a " Poohniverse " of twisted public domain characters including Bambi and Pinocchio. Pooh going public was followed this year by a moment many thought would never come: the copyright expiration on the original version of Mickey Mouse, as he appeared in the 1928 Walt Disney short, "Steamboat Willie."

The mouse and the bear are but the beginning. The heights of 20th century pop culture -- Superman among them -- lie ahead.

Classic characters, new stories, fresh mashups. Will it be all be a bonanza for makers? Are we entering a heyday of cross-generational collaboration or a plummet in intellectual property values as audiences get sick of seeing variations of the same old stories?

Does a murderous Pooh bear have something to show the 21st century entertainment world?

COULD THIS MAKE A BIG DIFFERENCE?

Films from Hollywood's early talkie era have started to become public. King Kong, who has one of his enormous feet in the public domain already because of complications between companies that own a piece of him, will shed his remaining chains in 2029. Then, in the 2030s, Superman will soar into the public domain, followed in quick succession by Batman, the Joker and Wonder Woman.

The possibility of new stories is vast. So is the possibility of repetition. Classic stories and characters could get, well a bit tiresome.

"I don't feel like it's going to make that big a difference," says Phil Johnston, an Oscar nominee who co-wrote Disney's 2011 "Wreck It-Ralph" and co-wrote and co-directed its sequel, 2018's "Ralph Breaks the Internet."

"Like, 'Winnie the Pooh Blood and Honey' was was a novelty, made a bit of a splash, I guess. But if someone makes 'Steamboat Willie' (into) a jet ski movie or something, who cares?" he says. "If there's some great new idea behind it, maybe. But there's nothing I'm looking at where I'm thinking, 'Oh, my God, now that 'The Jazz Singer' is available, I'm going to redo that.'"

Many creators were clearly anxious to do something with "The Great Gatsby," which has been subject to several reinterpretations in very different flavors since it became public in 2021, says Jennifer Jenkins, a professor of law and director of Duke's Center for the Study of Public Domain.

"We have our feminist retellings of `The Great Gatsby', where Jordan gets to tell the story from her perspective, Daisy gets to tell the story from her perspective," Jenkins says. "We got prequels, we got sequels, we've got musicals, TV shows, we've got the zombie version because we always do. These are things that you can do with public domain work. These are things that you can do with with Mickey Mouse."

But the newly available works and characters are arriving after years of parent corporations demanding that every creation be tied to their intellectual property. And with some big, " Barbie "-sized exceptions, the returns are growing thinner, and artists themselves are a little sick of it.

"The biggest limiting factor right now is that almost everything that anyone wants is has to be from existing IP," says Johnston, whose newest project is an animated adaptation of Roald Dahl's "The Twits" for Netflix. "And that that the notion of an original idea is somehow scary, certainly to a marketing entity, because they just have to work harder to get it into the public's consciousness. That's the bummer."

And while Shakespeare, Dickens and Austen have been public-domain gold mines at various times, other properties have proven more problematic. The forthcoming " Wicked," starring Ariana Grande and Cynthia Erivo, will be yet another attempt at using the public-domain work of author Frank Baum's Oz -- filtered through a hit novel and Broadway show -- to glom onto the classic status of the 1939 "Wizard of Oz" film. Previous tries led to little success, and most were outright flops, most recently 2013's "Oz the Great and Powerful," from Disney.

(In an odd quirk of the "Wizard of Oz" rights, the film's most famous artifact, Dorothy's ruby slippers, are still the intellectual property of MGM via the 1939 film. In Baum's book, the shoes were silver.)

IN THE BEGINNING, DISNEY LED THE WAY WITH PUBLIC DOMAIN SUCCESS

Some of the most effective use ever of public domain properties came from Disney itself in its early decades, turning time-tested folktales and novels into modern classics with "Snow White," "Pinocchio" and "Cinderella." It would later become the primary protector of the most valuable rights in entertainment, from the Marvel universe to the Star Wars galaxy to its homegrown content.

That has meant a major flowering through the years of fan art and fan fiction, with which the company has a mixed relationship.

"When you look at how the Disney organization actually engages with fan art, there's a lot of looking the other way," says Cory Doctorow, an author and activist who advocates for broader public ownership of works. "I always thought that there was so much opportunity for collaboration that was being missed there."

He gives as an example binders full of fan-fiction biographies of the ghosts at Disney World's Haunted Mansion, maintained by the teens who work there, which he observed when working on a project with the company's so-called Imagineers.

"Some of it actually is now part of the lore," Doctorow says. "I think that creatively that is an organization that really embraces that. I think commercially it's an organization that has really struggled with it."

When the law extending copyright by 20 years passed in 1998, musicians including Bob Dylan were among the key figures who had implored Congress to act. Younger generations of musicians, who came up awash in sampling and remixing, made no discernible outcry for another extension. In part this could be because in the streaming era, many of them make little off recorded music.

Jimmy Tamborello, who records and performs electronic music under the name Dntel and as part of The Postal Service -- a group whose very name caused trademark headaches with the official version at its inception -- says artists are generally happy to allow others to turn their work into new things. The problem is companies that come between them, and get most of the financial benefit.

"There's always a corporation involved," Tamborello says. "I think no one would care if it was just artists to artists. I feel like it would be nice if it was more open, more free. It seems like it has more to do with respecting the original work."

He says it was "really exciting" when the rapper Lil Peep used his hook from The Postal Service's best known song, "Such Great Heights" on a track released on YouTube and Soundcloud even before he made the proper legal arrangements to use it on an album.

Johnston says age and experience have made him feel less possessive about his own work.

"Earlier in my career, everything was an affront. Everything made me angry and like, 'That was that was my idea! I should have had credit for that!'" he says. "I don't want to say I'm just easy and breezy about it, but I think there are so few truly original ideas. .... We all kind of will have similar thoughts at a certain point. So it doesn't particularly bother me."

His attitude changes if the re-maker is not an artist but artificial intelligence. That was a key issue in last year's Hollywood writers and actors strikes -- and is yet another facet of remix culture that, alongside copyright expirations, could change the faces of some of history's most renowned characters in ways no one has ever considered.

"If a writer feels for me, it's fine," Johnston says. "If an AI steals from me, that sucks."

Continue Reading...

Popular

Things to know about an AI safety summit in Seoul

SEOUL, South Korea (AP) — South Korea is set to host a mini-summit this week on risks and regulation of artificial intelligence, following up on an meeting in Britain last year that drew a diverse crowd of tech luminaries, researchers and officials.

Must-See: Elon's New Invention is Absolutely Insane - Ad

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

Red Lobster seeks bankruptcy protection days after closing dozens of restaurants

Red Lobster has filed for Chapter 11 bankruptcy protection days after shuttering dozens of restaurants.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Nickel-rich Indonesia pitches EV battery plant plan to Elon Musk

DENPASAR, Indonesia (AP) — Indonesia’s top investment official said Monday that the government has proposed to Tesla CEO Elon Musk the construction of an electric vehicle battery plant in the nickel-rich country.

READ THIS If You Missed Out on the AI Boom - Ad

Radical new biotechnology predicted to grow 320,000% in 3 years. Nvidia's CEO calls it "the next amazing revolution." And one small company poised to dominate this revolution trades for just $10.

Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions

PRISTINA, Kosovo (AP) — Kosovo police on Monday closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the country, a move that has .

BREAKING: New "Formula" Could Lead to Huge AI Payouts - Ad

Investors - including multiple billionaires - are now tapping into a unique AI secret to pocket huge, consistent payouts. Starting today, you could siphon a new stream of income from this $3 billion pool of cash.

Demand Soars For Novo Nordisk's Weight-Loss Drug Wegovy Despite Supply Constraints And Eli Lilly Competition

The Danish pharmaceutical company is now shipping more introductory doses of Wegovy to the U.S., as it grapples with supply constraints and competition from Eli Lilly.

Katy Perry and Rihanna didn't attend the Met Gala. But AI-generated images still fooled fans

NEW YORK (AP) — No, and didn't attend the this year. But that didn't stop AI-generated images from tricking some fans into thinking the stars made appearances on the steps of fashion's biggest night.

How to Profit From the New Boom in Gold - Ad

Gold just passed $2,000/oz and is set for a new bull run in 2024. Now a renowned precious metals expert is sharing his No. 1 way to play it for just $5.

Newly Listed Migraine-Focused AEON Biopharma Stock Plunges On Friday - Read Here Why

Preliminary results of AEON Biopharma's Phase 2 trial for chronic migraine treatment reveal no significant improvement over placebo. Despite anticipated reductions in monthly migraine days, statistical significance was not reached, prompting a review of development strategies and financial measures.

Should You Buy Bitcoin in 2024? [Expert's Shocking Answer] - Ad

Bitcoin minted 100,000 millionaires and if you're not one of them, that ship has sailed. But there's another millionaire-minting crypto at our doorstep... research shows this coin could be 20X bigger than Bitcoin by the end of the decade. With crypto starting to heat up again, this could be the perfect time to get in.

I-95 overpass in Connecticut scorched during a fuel truck inferno has been demolished

NORWALK, Conn. (AP) — A bridge damaged in a fiery crash that kept Interstate 95 in Connecticut has been demolished.

Fraudsters target small businesses with scams. Here are some to watch out for

NEW YORK (AP) — It's never fun to be scammed, but if you're a small business owner then falling for a scam can have long-lasting effects on a business, damaging client relationships and profit.

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

The SEC charges Trump Media's newly hired auditing firm with 'massive fraud'

SAN FRANCISCO (AP) — The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company.

Buy This Next Gen Crypto Before Its Big Upgrade - Ad

Experts predict this one crypto will soar 7,200% by the end of the decade... and grow 20X bigger than bitcoin. But you must get in before it's big.

Shell Exits Chinese Power Market, Eyes Gas Growth: Report

Shell reportedly exits China's power markets, focusing on bolstering profitability in natural gas and oil sectors. The move reflects a commitment to invest selectively in profitable ventures within the power sector, aligning with CEO Wael Sawan's vision.

AI & Crypto in One $11 Investment - Ad

Right now, you can harness the power of two bull markets... Artificial intelligence and cryptos...In one simple $11 investment.

Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise

ST. PAUL, Minn. (AP) — Uber and Lyft plan to keep operating in Minnesota after a compromise driver pay package, the companies said Monday.

Billionaires Are Now FLOODING Into Gold - Ad

Ray Dalio, John Paulson, and many others all recommend you own gold right now. But did you know there's another huge investor (worth more than all the world's billionaires COMBINED) buying gold by the ton? That's why the best move to make right now could be this little-known gold investment (which you can get started with for just $5).

Benzinga Bulls And Bears: Apple, Tesla, AMC, Bitcoin And Shiba Inu's Chart Forms Powerful Technical Patterns

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. Stock markets ended the week on a high note following reassuring comments from Federal Reserve Chair Jerome Powell.

Warren Buffett Was Right! America's Billionaires Now Pay Lower Tax Rate Than Working Class For First Time Ever, New Analysis Shows

According to economist Gabriel Zucman, the effective tax rate of the 400 richest Americans in 2018 was 23%, slightly lower than the 24% rate for the bottom half of income earners. 

The No. 1 Crypto for 2024 - Ad

It's expected to soar 20X bigger than Bitcoin.

One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts

LONDON (AP) — They appear like ghosts in the night, standing outside your house, one holding up an antenna while the other crouches next to the car parked on the driveway. Within seconds, your car is gone, yet another victim amid enabled by the technology designed to make it easier to unlock and start vehicles.

JPMorgan Analysts Optimistic About Future Approval Of Spot Ether ETFs Despite Regulatory Hurdles

In light of recent regulatory actions, JPMorgan analysts remain confident that the SEC's scrutiny of Robinhood (NASDAQ:HOOD) Crypto will not impede the

Is This Nvidia's Secret Weapon? - Ad

You've likely heard about Nvidia's incredible success in AI. But without this startup's technology, Nvidia's groundbreaking AI chips simply wouldn't be possible. It's still flying under the radar. That could change very soon with a major announcement on the horizon.

Once Vehicles For Republican Presidents To Connect With Southern Whites, Motor Sports Are Shifting Away From Trump

The fading sway of Trump in motor sports suggests the breakup of the conservative-racing connection, as shown by recent developments at the Miami Grand Prix.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service