OpenAI deal is Disney’s bet on next era of entertainment
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The studio has announced a landmark deal and $1 billion investment with OpenAI to bring hundreds of Disney characters to its generative AI platforms.
"We'd rather participate in the rather dramatic growth, rather than just watching it happen and essentially being disrupted by it," Iger told CNBC.
Disney completed several big deals with big personalities during Bob Iger's tenure, including the acquisitions of Steve Jobs' Pixar and 21tst Century Fox assets from Rupert Murdoch. Recently interviewed by CNBC's David Faber with a backdrop that included a ...
It's the most wonderful time of year, the time when Disney holds it's Q4 earnings call for the year. What? You thought I was talking about something else? Maybe it's not a big deal for everyone, but it's a big deal for Disney, and it will be interesting to ...
Disney CEO Bob Iger moved to put late-night host Jimmy Kimmel back on the air after he was “stung” by criticism from his old boss Michael Eisner, whom he “loathes,” according to a report. Iger, who is said to have a reputation for having a “thin ...
Walt Disney said Chairman and former CEO Robert Iger has agreed to forgo most of his salary while his successor, CEO Bob Chapek, along with several executives, will take pay cuts amid the coronavirus pandemic. Before this week, he had seemed congenitally unable to quit. Was it the neurochemical pleasure of the pursuit?