OpenAI makes deal with Disney - You can now make AI Mickey Mouse Fan Videos

[Andrew Reid]

So the news is in...

https://www.eoshd.com/news/openai-decides-content-is-worth-paying-for-but-only-if-its-disneys/

OpenAI is being paid $1bn.

Disney is paying them to license their entire range of intellectual property.

You read that right... Disney is paying OpenAI!

In return OpenAI will get to use Sora and other OpenAI tools - presumably they would have had to pay for these at some point so factored it into the $1bn.

These tools will be used by Disney staff at HQ and in the creative process.

In return Disney will also get an equity stake in OpenAI.

This strikes me as a very good precedent for OpenAI.

They are getting IP holders to pay them, rather than the other way round where OpenAI pays for content rights.

There must have been absolutely no chance Disney could have won their lawsuit on copyright grounds for this deal to have any chance whatsoever.

They must also have been persuaded that Sora AI fan videos of Star Wars would have an incredible social media reach for years to come, it's like free marketing isn't it?

The guardrails must be really tight. No way are you making that Jabba the Hutt sex tape.

[newfoundmass]

It's funny, because for so long these companies have resisted progress and had to be dragged kicking and screaming (see: digital media, streaming, etc.) but then when they absolutely SHOULD be resisting they have instead capitulated. There is an inevitably to it all, I suppose, but it's still pretty wild at how quickly they've jumped on board.