Browsing Tag

licensing

Disney investing $1B in OpenAI, licensing characters for Sora AI platform

Disney to invest $1 billion in OpenAI, license Star Wars, Marvel and Pixar characters to Sora Walt Disney is investing $1 billion in OpenAI and will allow the startup to use characters from its Star Wars, Pixar and Marvel franchises inside Sora, OpenAI’s AI video and image generator, in a deal announced today that could reshape how Hollywood makes and distributes content. Under the partnership, Sora and ChatGPT Images are expected to start generating fan-requested videos using licensed Disney characters in early 2026. The…

Somalia to toughen fishing licensing procedures in unlawful context

Somalia to toughen fishing licensing procedures amid illegal activities in Indian Ocean MOGADISHU, Somalia - Somalia is on the verge of tightening up its fishing procedures, particularly along the Indian Ocean coasts, following endemic cases of unreported and unregulated illegal fishing. fishing, a measure intended to permanently close the loopholes for future income expansion. A recently…