Studio Meta-K’s Kim Kwang-jib and MBC C&I’s Lee Sang-wook unpacked costs, hybrid shoots and new crew roles as Lee’s AI feature ‘Raphael’ heads to Korean cinemas.
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Naman Ramachandran AI is already slashing the cost of commercials, but runaway token fees and piecemeal revisions could leave feature producers paying more than in the days of 35mm film, a Korean AI production pioneer told Taiwan Creative Content Fest (TCCF) in Taipei.
Kim Kwang-jib, founder and CEO of AI content studio Studio Meta-K, said that with the most expensive commercial tools, the token bill alone for a 100-minute film can top KRW500 million ($366,000). AI companies are all losing money, he said, and are keeping prices low as a marketing play.
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