FEARLESS MEDIA: The Future Of Entertainment, Media & Tech Peter Csathy

Welcome to host Peter Csathy's AI & NFT "Quick Takes" episode, where Peter lays out the most critical business and legal developments of the past week in the worlds of generative AI and Web3/NFTs that impact the creative community, media, entertainment and the Arts. Peter goes rapid fire in less than 10 minutes first with the headline AI and NFT stories of the past week - and then gives updates on other key AI and NFT developments that are worth tracking and knowing - because they define the rules of the game (and the winners and losers in it).

Peter is Chairman of Creative Media, a tech-forward media and entertainment legal services and business advisory firm - and works with leading companies and innovators at the cutting edge of AI and Web3. Check out his firm Creative Media, and reach out to peter at peter@creativemedia.biz.
Reach out to host Peter Csathy at peter@creativemedia.biz and follow him on Twitter @pcsathy. Also, check out Peter's entertainment, media and tech-focused legal services and business advisory firm Creative Media. You can also sign up for his free newsletters on Substack - "Fearless Media" (all about the future of entertainment, media and tech) and "AI & NFT Legal Update & Litigation Scorecard" (all about the key legal and business issues and cases to track in the ever-evolving worlds of AI and Web3).

In Peter's last episode, he discussed an example of what’s wrong in the NFT world from the creative community’s perspective - specifically, OpenSea’s prioritization of buyers and sellers over the Creators that built the value of its marketplace in the first place. But in this episode, Peter points to a major Hollywood example of what’s being done “right” and showcases the transformational possibilities uniquely enabled by Web3 and token-gated "digital tickets" (just don't call them "NFTs"!).
Specifically, today March 15th, 2023, token-gated tickets go on sale exclusively on Web3 “chat Super App” OP3N to American Idol creator Simon Fuller’s new motion picture musical titled “The Musical: Welcome To The Night Of Your Life!,” which features his international pop super group Now United. Now United’s rabid fans – significant numbers of whom live in Brazil - will be able to choose amongst three tiers of tickets, each of which unlocks different levels of additional value and experiences. Those fans will then exclusively access the film, soundtrack, and additional benefits exclusively on OP3N.
This is a big deal for the entertainment world of film, television and music for several reasons, which Peter lays out.

As always, you can reach out to Peter at peter@creativemedia.biz. Also check out his media-tech legal services and business advisory firm Creative Media. And follow him on Twitter @pcsathy.
Reach out to host Peter Csathy at peter@creativemedia.biz and follow him on Twitter @pcsathy. Also, check out Peter's entertainment, media and tech-focused legal services and business advisory firm Creative Media. You can also sign up for his free newsletters on Substack - "Fearless Media" (all about the future of entertainment, media and tech) and "AI & NFT Legal Update & Litigation Scorecard" (all about the key legal and business issues and cases to track in the ever-evolving worlds of AI and Web3).

Welcome to Peter's special “urgent” edition of "Fearless Media." We’ve all heard the Silicon Valley Bank headlines. But how did Silicon Valley respond and what does it all really mean now that the Feds have guaranteed all deposits? What should impacted investors and entrepreneurs do now? How can we understand how this happened - and steps each of us should take?  And what does this mean for the entire banking and financial community (and all of us)?
Peter spoke with Silicon Valley-based finance expert James Gowers of finance and accounting services firm Matcha to find out. James has worked for decades with tech startups and is a graduate of Harvard Business School. Many of his clients banked with Silicon Valley Bank, so he has first-hand knowledge of all of it - in the belly of the beast, so to speak.

So take a listen - and reach out to Peter at peter@creativemedia.biz to connect you with James and get his great financial advice and counsel - and reach out to Peter on the legal side to help you navigate the legal waters. And check out his legal services and business advisory firm Creative Media. 
Reach out to host Peter Csathy at peter@creativemedia.biz and follow him on Twitter @pcsathy. Also, check out Peter's entertainment, media and tech-focused legal services and business advisory firm Creative Media. You can also sign up for his free newsletters on Substack - "Fearless Media" (all about the future of entertainment, media and tech) and "AI & NFT Legal Update & Litigation Scorecard" (all about the key legal and business issues and cases to track in the ever-evolving worlds of AI and Web3).

In this special episode, Peter explores leading NFT platform OpenSea's significant recent changes to its resale royalty policy that left many Creators feeling betrayed. Locked in ongoing resale royalties are perhaps THE single most important draw of NFTs to the creative community. Yet, OpenSea changed its rules of the game while the players were still on the field when it announced it was moving to optional creator earnings for collections without on-chain enforcement due to competitive pressures.

OpenSea's abrupt decision means that many Creators who had invested their time and trust in OpenSea now find themselves dependent on the good graces of resellers to pay them their promised resale royalties. And in a nascent Web3 world populated by significant numbers of profit-maximizing speculators, “good graces” can be hard to come by. OpenSea became the villain, as many Creators concluded that OpenSea had reneged on a fundamental tenet of their deal.

Peter spoke with top executives at OpenSea to get their response to Creator criticisms - and he considers those responses, as well as the broader implications of OpenSeas' decision to prioritize its profit-seeking users over the Creators who create the value in NFT marketplaces in the first place.

As always, reach out to peter at peter@creativemedia.biz - and check out his tech-forward media and entertainment legal services and business advisory firm Creative Media.
Reach out to host Peter Csathy at peter@creativemedia.biz and follow him on Twitter @pcsathy. Also, check out Peter's entertainment, media and tech-focused legal services and business advisory firm Creative Media. You can also sign up for his free newsletters on Substack - "Fearless Media" (all about the future of entertainment, media and tech) and "AI & NFT Legal Update & Litigation Scorecard" (all about the key legal and business issues and cases to track in the ever-evolving worlds of AI and Web3).

Welcome to host Peter Csathy's first AI & NFT "Quick Takes" episode, where Peter lays out the most critical business and legal developments of the past week in the worlds of generative AI and Web3/NFTs that impact the creative community, media, entertainment and the Arts. Peter goes rapid fire in less than 10 minutes first with the headline AI and NFT stories of the past week - and then gives updates on other key AI and NFT developments that are worth tracking and knowing - because they define the rules of the game (and the winners and losers in it).

Peter is Chairman of Creative Media, a tech-forward media and entertainment legal services and business advisory firm - and works with leading companies and innovators at the cutting edge of AI and Web3. Check out his firm Creative Media, and reach out to peter at peter@creativemedia.biz.
Reach out to host Peter Csathy at peter@creativemedia.biz and follow him on Twitter @pcsathy. Also, check out Peter's entertainment, media and tech-focused legal services and business advisory firm Creative Media. You can also sign up for his free newsletters on Substack - "Fearless Media" (all about the future of entertainment, media and tech) and "AI & NFT Legal Update & Litigation Scorecard" (all about the key legal and business issues and cases to track in the ever-evolving worlds of AI and Web3).

Welcome to my special 50th episode of my Fearless Media podcast - a special one indeed. I recently hosted an AI-focused round table with guests that included Grammy award-winning artist and musician Alex Ebert (Edward Sharpe), AI artist and data scientist Aya, metaverse creator and influencer Don Allen Stevensen III, and IP attorney and expert Mike Kasdan. The Q&A actually begins at the 6:44 mark after initial introductions.

We discussed the Artist, Creator, Business and Legal implications of it all - and perhaps most importantly, the "Human" implications of it all - in a lively discussion that gets very "real" about how AI impacts all of our jobs and our lives in the Creative Arts (not to mention life in general). Critically, the panel goes deep into the very meaning of "Art" and "Creativity" itself and whether AI ultimately de-values creativity and leads to a morass of artistic mediocrity and conformity. 

Reach out to me, Peter Csathy, with your own stories about this topic - and check out my tech-forward legal and business advisory services firm at creativemedia.biz. I work with leading players in the brave new tech-forward media and entertainment worlds of AI and Web3, among others.
Reach out to host Peter Csathy at peter@creativemedia.biz and follow him on Twitter @pcsathy. Also, check out Peter's entertainment, media and tech-focused legal services and business advisory firm Creative Media. You can also sign up for his free newsletters on Substack - "Fearless Media" (all about the future of entertainment, media and tech) and "AI & NFT Legal Update & Litigation Scorecard" (all about the key legal and business issues and cases to track in the ever-evolving worlds of AI and Web3).