Telecommunications & Media
Utopai East acquires Alquimista Media, launches South Korean studio
Utopai East, which provides AI-based video storytelling technology, said on Monday it had acquired a 100 percent stake in Seoul-based South Korean production company Alquimista Media. The company said it will showcase AI-based content distributed in theatres as well as on TV and streaming platforms. The deal gives Utopai East a pipeline that includes 15 TV series and feature film projects Alquimista Media is developing.
