←back to thread

The Walt Disney Company and OpenAI Partner on Sora

(openai.com)
236 points inesranzo | 7 comments | 11 Dec 25 14:05 UTC | HN request time: 0.001s | source | bottom
Show context
dfedbeef ◴[11 Dec 25 14:43 UTC] No.46231978[source]▶
Disney shareholders, feel free to make images of Iger, Mickey, and Br'er Rabbit lighting piles on money on fire.
replies(3): >>46232383 #>>46232449 #>>46233675 #
1. atonse ◴[11 Dec 25 15:14 UTC] No.46232383[source]▶
I'm not a shareholder but buying equity in OpenAI seems to be a much better deal (for Disney) than making OpenAI just pay royalties, no? Seems like everyone wins, unless you think OpenAI will never amount to anything and it's all a bubble.
replies(2): >>46232615 #>>46233178 #
2. sjsdaiuasgdia ◴[11 Dec 25 15:31 UTC] No.46232615[source]▶
Cash from royalties doesn't disappear like equity value would, in the event of a bubble pop.

Bird in the hand is worth two in the bush and all that.

replies(3): >>46232762 #>>46233183 #>>46235757 #
3. blibble ◴[11 Dec 25 15:42 UTC] No.46232762[source]▶
where does the royalty cash come from when the bubble pops?
replies(1): >>46232979 #
4. sjsdaiuasgdia ◴[11 Dec 25 15:57 UTC] No.46232979{3}[source]▶
It stops, but you still have what you got before that point. You're "cashing out" on an ongoing basis.
5. dfedbeef ◴[11 Dec 25 16:10 UTC] No.46233178[source]▶
If you destroy your brand value in the process? This is an entertainment company... The entire value of this company is the characters and the right to make new stories with them.
6. dfedbeef ◴[11 Dec 25 16:10 UTC] No.46233183[source]▶
Royalty payments from a company that can't pay them aren't useful either.
7. atonse ◴[11 Dec 25 19:12 UTC] No.46235757[source]▶
What does a bubble pop look like to people?

Does anyone envision a scenario where OpenAI or Anthropic (or google) disappears?

I can understand the investment bubble in new infra. But even that, I’m not so sure. Right now, demand is so far outstripping supply, which is why we’re having so many conversations about energy or chips.

But yes that’s the bubble people keep talking about.