Collaboration announced, through press release, on-record statement in interview, obvious release.

In-house use of gen AI is not enough, need to be a collaboration with external company – acquisition of such company would count though and resolve as YES. Likely to come from Runway, Sora / OpenAI, Stability AI, Kling, ...

Needs to be announced before EOY, retroactive revelations don't matter.

Major Hollywood studio as defined by Wikipedia

Today, the Big Five majors – Universal Pictures, Paramount Pictures, Warner Bros., Walt Disney Studios, and Sony Pictures

I will not trade in this market, as resolution is likely to get objective.