meta_pixel
Tapesearch Logo
Log in
Forbes Daily Briefing

Meet The 25-Year-Old Vying To Become Hollywood’s First AI Movie Mogul

Forbes Daily Briefing

Forbes

Business, Tech News, News

4.418 Ratings

🗓️ 9 June 2026

⏱️ 7 minutes

🧾️ Download transcript

Summary

In years past, when a great athlete retired, they typically told their story through a ghost-written memoir or perhaps even a biopic. But Hall of Fame basketball player Carmelo Anthony opted instead for the storytelling medium of the moment, striking a partnership with Utopai Studios, the Silicon Valley-based startup specializing in AI movies and TV shows. The 41-year-old NBA legend will produce AI-generated video content about his life and other sports stories through his Creative 7 Productions label. Anthony’s investment into Utopai—which both sides declined to share the size of, but Forbes estimates around $5 million—was at a staggering $1 billion valuation. It’s an astronomical amount for a company with revenue that Forbes estimates was less than $50 million in 2025, and has yet to put out a full-length movie or TV show. Still, with projects in the pipeline and strong 2026 projections, the premium price tag announces Utopai as a true competitor in the ongoing Hollywood AI arms race. By Matt Craig, Reporter Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Some follow the noise.

0:03.3

Bloomberg follows the money.

0:05.4

Because behind every headline is a bottom line.

0:09.3

Whether it's the funds fueling AI or crypto's trillion dollar swings,

0:13.8

there's a money side to every story.

0:16.5

And when you see the money side, you understand what others miss.

0:20.8

Get the money side of the story.

0:22.9

Subscribe now at Bloomberg.com.

0:30.0

The internet is coaching our kids.

0:32.6

When boys hear that on repeat, it shapes how they see themselves.

0:36.2

We can't leave it to those voices. We have

0:38.6

to be louder. Together with EE, we need to coach them, guide them, back them. Building our boys up

0:44.3

every chance we get. Be yourself. Back your mates. Confidence comes from a vin. As proud partner

0:50.3

of the England's teams, EEE, has support and guidance to help build all our boys up on and

0:55.3

off the pitch. Search E.E. Yes, boys. Today on Forbes, meet the 25-year-old vying to become

1:03.1

Hollywood's first AI movie mogul. In years past, when a great athlete retired, they typically

1:10.7

told their story through a ghost-written

1:12.4

memoir, or perhaps even a biopic. But Hall of Fame basketball player Carmelo Anthony

1:18.1

opted instead for the storytelling medium of the moment, striking a partnership with Utopi

1:24.3

Studios, the Silicon Valley-based startup specializing in AI movies and TV shows.

1:30.9

The 41-year-old NBA legend will produce AI-generated video content about his life and other sports

1:37.2

stories through his Creative Seven Productions label.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Forbes, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Forbes and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.