Top News:
Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney makes a $1B investment in OpenAI and will become a major OpenAI client — The Walt Disney Company on Thursday announced it will make a $1 billion equity investment in OpenAI and will allow users …
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Todd Spangler / Variety:
In a message to members, the WGA says Disney's licensing deal with OpenAI “appears to sanction” OpenAI's “theft of our work”, and it plans to meet with Disney — SAG-AFTRA said it will ‘closely monitor’ the deal … “Disney's announcement with OpenAI appears …
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The Wrap, Sydney Morning Herald, TVREV, Financial Times, Bloomberg, Yahoo Finance, CBS News and Realscreen
Todd Spangler / Variety:
Disney sends Google a cease-and-desist letter, accusing Google of “massive scale” copyright infringement and using AI to “exploit and distribute” its content — Disney sends cease-and-desist letter to internet giant — As Disney has gone into business with OpenAI …
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Alex Weprin / The Hollywood Reporter:
Bob Iger says the OpenAI deal “does not in any way represent a threat to the creators at all” because it doesn't include name, likeness, or character voices — The CEO suggested that Disney would prefer Paramount to prevail in the battle for Warner Bros. Discovery …
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Axios:
The OpenAI deal gives Disney a fair amount of oversight and control over how its IP is used, including a joint steering committee to monitor user creations
The OpenAI deal gives Disney a fair amount of oversight and control over how its IP is used, including a joint steering committee to monitor user creations
Discussion:
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Peter Kafka / Business Insider:
The value of WBD's cable networks including CNN is a key number for Netflix and Paramount bidders; Ellison says they're worth ~$2.5B, while analysts say ~$10B — - Ellison also says those cable networks — including CNN — aren't very valuable. — It's confusing!
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Breitbart, The i Paper, TVNewsCheck, Status, Bloomberg, The Hollywood Reporter and Fortune
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Dominick Mastrangelo / The Hill:
President Trump told reporters “it's imperative” for CNN to be sold: “Any deal it should be guaranteed and certain that CNN is part of it or sold separately” — President Trump indicated he'd like to see CNN be sold off as its parent company, Warner Bros. Discovery …
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Axios:
Sources: during the bidding process, Paramount promised WBD that its foreign partners and Jared Kushner's fund wouldn't have any voting or governance rights — - It ended up losing out to Netflix anyway, leading to this week's hostile bid. … - They reinforced that structure to avoid …
Discussion:
The Guardian, The Hill, Al Jazeera and New York Post
Dan Friedman / Mother Jones:
Jack Posobiec, a new Pentagon press corps member, seems to be working in coordination with the Pentagon to threaten a journalist writing about a DoD official — Six weeks ago, Jack Posobiec asked me to comment on whether I have a “creepy fetish for Asian women.”
Jacob Shamsian / Business Insider:
A Manhattan jury finds director Carl Rinsch guilty on all seven counts of defrauding Netflix of $11M when making sci-fi show White Horse — - A Manhattan federal jury found Carl Rinsch guilty on seven counts, including fraud. — Rinsh went to trial over $11 million Netflix gave him for a futuristic sci-fi show.
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Bloomberg:
A US appeals court upholds a contempt ruling in Epic v. Apple but says Apple can charge commissions on external links, with the rate to be set by a lower court — Apple Inc. lost its challenge to a judge's rebuke for disobedience but won a new chance to argue for charging developers …
Discussion:
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Silvia Sciorilli Borrelli / Financial Times:
Journalists at Italian newspaper La Stampa go on strike to protest against a potential sale of its parent company Gedi to Greek media organization Antenna — Exor in talks to sell owner of newspapers including La Repubblica to Greek bidder — Journalists at Italian newspaper La Stampa …
Charlotte Tobitt / Press Gazette:
Mirror Editor-in-Chief Caroline Waterston steps down after less than two years, to be succeeded by Chloe Hubbard, currently UK editor at The Independent — Mirror editor-in-chief Caroline Waterston is stepping down at the end of the year after less than two years in the job.
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