Updated: Friday| Published: Thursday
Disney finalized a $1 billion licensing and investment deal with OpenAI, granting the AI company rights to over 200 characters from its Marvel, Pixar, and Star Wars franchises for AI models like Sora and ChatGPT.The three-year agreement, which includes an equity stake for Disney and a mandate for its purchase of ChatGPT Enterprise, aims to revitalize the company's stock performance and address slowing Disney+ growth.While Bob Iger defended the strategic partnership, industry experts like Reed Albergotti, Matthew Prince, and Jessica Lessin, along with a SAG-AFTRA director, voiced concerns about fair creator compensation and potential negative impacts on the entertainment industry, despite Sam Altman's acknowledgment of the need for new payment models.
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BobIger

Disney finalized a $1 billion licensing and investment deal with OpenAI, granting the AI company rights to over 200 characters from its Marvel, Pixar, and Star Wars franchises for AI models like Sora and ChatGPT. The...

Thu/Fri
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TomJung

Tom Jung's iconic "Star Wars" original movie poster painting sold for $3.875 million at Heritage Auctions, setting a new record for both franchise memorabilia and any movie poster artwork. The artwork, which first...

Thu
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Disney

Disney will release the newly restored 1977 theatrical cut of Star Wars in theaters for a limited time as part of Lucasfilm's 50th anniversary celebrations. The release includes scenes like the original CGI Jabba the...

5 Dec
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