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Disney announces major OpenAI deal, includes $1B equity investment, use of characters on Sora video platform

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6 days ago

Disney has come to an agreement with OpenAI Ranch to license its famous characters for the Sora video program.The two companies made the announcement on Thursday, saying it is a 3-year license that covers 200 animated, masked and creature characters from Disney, Marvel, Pixar and Star Wars. The deal does not include any voices."Alongside the licensing agreement, Disney will become a major customer of OpenAI, using its APIs to build new products, tools, and experiences, including for Disney+, and deploying ChatGPT for its employees," Disney said in its announcement.The agreement also involves D...

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6 days ago
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