Avail Unveils AI Summarization Tool for Hollywood Script Coverage

TL;DR:

  • Avail introduces an AI summarization tool to simplify script coverage in the entertainment industry.
  • The tool, powered by ChatGPT, offers swift summaries of scripts and books, including loglines, synopses, character breakdowns, and tonal assessments.
  • Avail also provides a Q&A assistant for creative brainstorming, aiding production companies and talent agencies.
  • Open beta launched with a $250 monthly entry-level subscription, including four reports and a 30-day free trial.
  • Enterprise pricing is available upon request and is tailored to credit requirements.
  • Avail emphasizes the importance of not relying solely on AI for creative work.
  • The introduction of AI tools aligns with new industry agreements prohibiting AI use in script writing without writers’ consent.
  • Avail’s foundation is ChatGPT-4, with a proprietary processing layer for dependable document coverage.
  • The company adheres to ethical AI training practices using public domain materials and ensures user data privacy.
  • Avail’s CEO, Chris Giliberti, brings significant industry experience to the venture.
  • Future plans include team collaboration features and custom models for addressing industry pain points.

Main AI News:

In a bid to streamline the arduous process of script coverage in the entertainment industry, Avail has introduced its AI summarization tool, poised to revolutionize how Hollywood executives manage their workload. This cutting-edge ChatGPT-powered tool boasts the capability to summarize scripts and books in mere minutes, offering comprehensive breakdowns, loglines, synopses, character analyses, and tonal assessments.

Avail has gone the extra mile by crafting a Q&A assistant, catering to the creative brainstorming needs of production companies and talent agencies. This virtual assistant is equipped to provide valuable insights, including recommendations for actors suitable for specific roles and comparative references to other cinematic works.

The recently launched open beta of Avail comes with a subscription pricing structure that accommodates various needs. The entry-level subscription, priced at $250 per month, includes four reports and a generous 30-day free trial. For enterprise clients, pricing is available upon request and is tailored to match their credit requirements.

For professionals immersed in the world of script reading, such as executives and assistants, the task can often become a time-consuming endeavor, sometimes spanning over two hours per script. Coupled with other responsibilities, navigating an inbox inundated with lengthy 100-page scripts can be nothing short of overwhelming.

Chris Giliberti, the co-founder and CEO of Avail, emphasized the critical need for efficient content management, stating, “As an executive who’s making decisions about how to allocate your company’s resources on content, there’s just so much content out there that’s coming across your desk. It’s really hard to keep up. What’s unfortunate about that is, if you miss something, it could be a multimillion-dollar mistake.”

While it’s essential to exercise caution and not rely entirely on AI summarization tools like Avail, they undoubtedly offer substantial time-saving benefits. During product testing, Avail impressively summarized a 45-page document in less than five minutes. Giliberti reassured users that longer materials might require more time but ultimately get the job done.

The timing of Avail’s AI-powered product release in the Hollywood sphere may appear curious, given the recent writers’ strike, which raised concerns about AI’s impact on the industry. However, Avail is quick to clarify its intentions. Giliberti emphasized that their tools are designed for productivity, not to replace creative roles, aligning with the new agreement between the Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP), which prohibits AI use in script writing and rewriting without writers’ consent.

Avail’s foundation is built upon ChatGPT-4, supplemented by a proprietary processing layer that ensures dependable coverage of even low-quality documents and delivers summaries free from any hallucinatory elements.

In developing their AI model, Avail took the ethical route, utilizing public domain works like “The Count of Monte Cristo.” Giliberti underscored their conscientious approach toward source materials used for AI training, a stark contrast to some AI companies facing copyright infringement lawsuits.

Addressing data privacy concerns, Avail reassures users that their content remains confidential. Their website states, “Your data privacy is of the utmost importance to us… We and our partners do not train on any of your uploaded content or prompts. That means your content will NOT end up in any AI model.”

Chris Giliberti, a notable figure with experience at Gimlet Pictures and Zestworld, spearheads Avail’s founding team. He is joined by John Liu, co-founder of Zestworld and a former product manager at Google.

Having secured $11.8 million in funding, with backing from Seven Seven Six, General Catalyst, and Advancit Capital, Avail is poised for significant growth. In the pipeline, Avail plans to introduce team collaboration features, allowing colleagues to work seamlessly on documents. Additionally, the company is partnering with a production company to develop custom models tailored to address critical pain points in Hollywood, such as production, engineering, and planning.

Conclusion:

Avail’s AI-powered script summarization tool offers a potential game-changer for Hollywood executives and script readers by streamlining the time-consuming script coverage process. While the tool promises efficiency, its release aligns with industry agreements to respect creative roles. This innovation reflects a broader trend in using AI as a productivity tool rather than a replacement for human creativity in the entertainment market, balancing efficiency with ethical considerations and data privacy.

Source