OpenAI and Disney reach ‘landmark agreement’ to license characters on Sora

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Disney characters are coming to OpenAI’s Sora video generation app — this time, with permission. OpenAI and Disney just announced a “landmark agreement” that will see some Sora content appear on Disney+.

The deal is part of an overall $1 billion equity investment in OpenAI by Disney. The licensing agreement will last for three years to start. Disney will have the opportunity to increase its equity investment in OpenAI in the future.

In addition to the licensing…



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OpenAI and Disney reach ‘landmark agreement’ to license characters on Sora


Disney characters are coming to OpenAI’s Sora video generation app — this time, with permission. OpenAI and Disney just announced a “landmark agreement” that will see some Sora content appear on Disney+.

The deal is part of an overall $1 billion equity investment in OpenAI by Disney. The licensing agreement will last for three years to start. Disney will have the opportunity to increase its equity investment in OpenAI in the future.

In addition to the licensing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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