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Oscar-Nominated Film and TV Studio XTR Acquires AI Animation Studio Late Night Labs (EXCLUSIVE)
XTR, an Oscar-nominated film and TV studio, has purchased Late Night Labs, an artists-led animation studio that uses AI.
“We are thrilled to join Bryn in launching and building Asteria,” said Late Night Labs co-founder Benjamin Michel. “Bryn has been leading the industry in this work by innovating and creating new formats of entertainment — first in virtual and augmented reality with his last company RYOT and then with distribution and production with XTR.” Mooser added: “We sit at a crossroads in the entertainment industry and AI represents the most significant leap forward in technology since the computer.
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