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Charles Russo
Charles Russo @Charles_M_Russo · 2d
OpenAI Shuts Down Sora as Disney Pulls $1 Billion Investment Amid Escalating Hollywood AI Copyright Wars #AI #GenAI #EntTech #LegalTech #Media #Ethics variety.com/2026/digital/n…
OpenAI Will Shut Down Sora Video App; Disney Drops Plans for $1 Billion Investment

OpenAI is planning to discontinue Sora, the generative-AI video creation platform it launched in late 2024. Disney has ended its partnership for Sora.

From variety.com
30
Charles Russo
Charles Russo @Charles_M_Russo · 2d
Disney Drops $1 Billion OpenAI Deal After Sora Shutdown, But Partnership Talks Continue #AI #EntTech #GenAI #Media #LegalTech arstechnica.com/ai/2026/03/the…
Disney cancels $1 billion OpenAI partnership amid Sora shutdown plans

Press reports suggest Disney was blindsided and that no money changed hands.

From arstechnica.com
29
Charles Russo
Charles Russo @Charles_M_Russo · 3d
OpenAI Shuts Down Sora Months After Launch as Disney Pulls $1 Billion Deal, Boosting Google's AI Video Dominance #AI #GenAI #EntTech #Media #DeepLearning hollywoodreporter.com/business/digit…
Disney Exits OpenAI Deal After AI Giant Shutters Sora

The studio giant will no longer move forward with its OpenAI investment, as the AI company exits the video generation business.

From hollywoodreporter.com
30
Charles Russo
Charles Russo @Charles_M_Russo · Mar 16
Netflix Acquires Ben Affleck's AI Moviemaking Startup InterPositive for Up to $600 Million #AI #GenAI #EntTech #Media #DigitalArt bloomberg.com/news/articles/…
Netflix to Pay as Much as $600 Million for Ben Affleck’s AI Firm

Netflix Inc. will pay as much as $600 million for InterPositive, the AI moviemaking company founded by Ben Affleck, according to people familiar with the matter, making the purchase one of the...

From bloomberg.com
45
Charles Russo
Charles Russo @Charles_M_Russo · Feb 17
Motion Picture Association Condemns ByteDance's AI Video Generator for Mass Copyright Infringement #AI #GenAI #EntTech #LegalTech #Ethics variety.com/2026/film/news…
After AI Video of ‘Tom Cruise’ Fighting ‘Brad Pitt’ Goes Viral, Motion Picture Association Denoun...

The MPA denounced Bytedance's new AI video model, saying it had led to 'massive' copyright infringement like an AI Tom Cruise-Brad Pitt video.

From variety.com
101
Charles Russo
Charles Russo @Charles_M_Russo · Feb 11
CTA CEO Gary Shapiro Steps Down After 35 Years, Kinsey Fabrizio Takes Over Leadership of CES Parent Company #AI #EntTech variety.com/2026/digital/n…
Gary Shapiro Stepping Down as Consumer Technology Association CEO After More Than 35 Years Leading...

Gary Shapiro is exiting his role as CEO of CTA after more than 35 years at the helm. Kinsey Fabrizio will take over the CEO role effective May 1.

From variety.com
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