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Barchart
Justin Estes

Bob Iger Says ‘Creativity Is the New Productivity’ as Disney Bets $1 Billion on OpenAI and Entertainment Wars Heat Up

Disney (DIS) just dropped $1 billion on OpenAI and handed over the keys to its most valuable characters — Mickey Mouse, Elsa, the entire Marvel universe — to Sora, OpenAI’s AI video generator.

The deal, announced Thursday during a joint CNBC appearance with OpenAI CEO Sam Altman, gives Disney access to Sora to potentially create marketing content, merchandise designs, and full productions. In return, OpenAI gets licensing rights to over 200 Disney characters.

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