Disney has canceled its planned $1 billion partnership with OpenAI following OpenAI's decision to shut down its Sora video-generating app. The three-year licensing deal, announced in December, would have made over 200 Disney characters available for Sora-generated videos. No money was exchanged as the deal never reached final agreements due to OpenAI's strategic shift away from video generation.
Background
OpenAI's Sora was a text-to-video AI model that could generate realistic video content from text descriptions. Major entertainment companies like Disney were exploring partnerships to leverage this technology for content creation.
- Source
- Ars Technica
- Published
- Mar 25, 2026 at 09:56 PM
- Score
- 7.0 / 10