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The Walt Disney Company and OpenAI Partner on Sora

(openai.com)
236 points inesranzo | 1 comments | 11 Dec 25 14:05 UTC | HN request time: 0s | source
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otterley ◴[11 Dec 25 16:03 UTC] No.46233086[source]▶
What mad world are we living in where Disney — Disney — is paying someone to lose control over its IP?
replies(6): >>46233230 #>>46233347 #>>46233638 #>>46233994 #>>46234783 #>>46235958 #
xhkkffbf ◴[11 Dec 25 16:14 UTC] No.46233230[source]▶
I think they're getting some equity in return for the investment. If it goes up, Disney makes out. If it doesn't, well, ...
replies(1): >>46233492 #
triceratops ◴[11 Dec 25 16:31 UTC] No.46233492{3}[source]▶
Why not equity in exchange for rights? The crazy thing is they're surrendering both rights and cash.
replies(1): >>46233579 #
1. xhkkffbf ◴[11 Dec 25 16:36 UTC] No.46233579{4}[source]▶
Maybe the negotiations established that the rights were worth $X, but Disney wanted $X + 1 billion worth of stock?

While many startups will take anyone's money, it can be hard to invest in some. And the most desirable are the hardest. So maybe Disney was using the IP negotiations to open the door?