Hollywood Company Plans Another $300 Million Fund to Make Films and TV With AI
Stars Collective and LH International are planning a new $300 million AI entertainment fund to finance films, television programmes and digital productions.
Hundreds of millions of dollars could be heading towards AI-assisted film and television production after Hollywood company Stars Collective revealed plans for a new entertainment fund targeting $300 million.
Stars Collective, founded by producer and investor Peter Luo, has formed a new artificial intelligence joint venture with Dubai-based LH International. The partnership plans to finance films, television programmes and digital entertainment projects that use AI across areas including development, production and distribution.
The $300 million figure is a target rather than money that has already been completely raised or committed. No full slate of projects has been announced yet either, but the scale of the proposed fund makes the move considerably bigger than many of the individual AI film experiments currently appearing across the entertainment industry.
Stars Collective already has links to mainstream Hollywood productions. Luo has been involved with projects including The Monkey, Netflix thriller The Rip starring Matt Damon and Ben Affleck, and The Garfield Movie, giving the venture an established connection to conventional film production rather than positioning it purely as a technology start-up.
LH International is expected to bring more than funding to the partnership. Elena Chen has said the company will contribute its experience with capital, project development and building AI computing centres overseas, while Stars Collective brings entertainment production, content development and Hollywood relationships.
It is also not the first time Stars Collective has announced a fund of this size. In 2023, the company unveiled another $300 million fund with Hana Investment covering areas including film, television, games, comics, collectibles and AI.
The new LH International venture is being presented separately and places artificial intelligence much more clearly at the centre of its entertainment strategy. There has been no confirmation that it replaces or restructures the earlier Hana fund, so it is better understood as another major investment vehicle being developed by Stars Collective.
What the money ultimately produces will be the real test. If the partnership begins backing recognisable filmmakers, television projects or internationally distributed productions, it could represent a significant step in moving AI-assisted filmmaking away from short demonstrations and into mainstream entertainment financing.
For now, the headline figure alone shows how quickly interest is growing. AI in film and television is no longer only about individual creators experimenting with new software, with investors now preparing funds measured in hundreds of millions of dollars around the technology.
Image: AI
