OpenAI Deal to License Disney Characters Is Entirely in Stock
Disney characters perform in the Royal Ball lobby during the Disneyland Hotel reopening celebration at Disneyland Paris in 2024.Photographer: Kristy Sparow/Getty ImagesOpenAI is getting access to Disney’s kingdom without cutting a check. The artificial intelligence company’s recent deal to license iconic characters from Walt Disney Co. for its Sora video app is entirely in stock warrants rather than a cash licensing fee, according to people familiar with the matter. OpenAI will offer Disney the ...
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