News Corp Signs Lucrative Content Deal with OpenAI
The Age
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Details
- Date Published
- 23 May 2024
- Priority Score
- 3
- Australian
- Yes
- Created
- 8 Mar 2025, 02:41 pm
Description
The pact could be worth more than $US250 million over five years and will allow OpenAI to use News Corp content in the ChatGPT-maker’s products.
Summary
News Corp has entered into a significant content licensing agreement with OpenAI, allowing the AI company to use content from its various publications, including major titles in the US and Australia. The deal, valued at over $250 million USD, represents a substantial collaboration between media and artificial intelligence, with implications for the integration of reliable journalism standards into AI-generated content. While this partnership signifies a major milestone in AI and media cooperation, it highlights the growing trend of AI companies seeking content licenses to train and enhance their models. This development is relevant on a global scale given the growing discourse around AI ethics and content integrity, particularly as debates around AI’s role in media consumption and information dissemination intensify.
Body
ByShirin GhaffaryMay 23, 2024 — 7.51amSaveLog in,registerorsubscribeto save articles for later.Save articles for laterAdd articles to your saved list and come back to them any time.Got itNormal text sizeLarger text sizeVery large text sizeNews Corp announced an agreement with OpenAI to let the company use content from more than a dozen of its publications in the ChatGPT-maker’s products.As part of the deal, OpenAI’s services will be able to display news from theWall Street Journal, Barron’s andNew York Postand some of its other publications, including Australian productsThe Australian, news.com.au, The Daily Telegraph, The Courier Mail, The Advertiser,andHerald Sun. The agreement comes as OpenAI has been striking several deals with high-profile media companies in the US and Europe in recent weeks, includingThe Financial Times, Dotdash Meredith and social media firm Reddit, to display and licence content.Open AI chief Sam Altman. The company has been striking several deals with high-profile media companies in the US and Europe in recent weeks.Credit:BloombergNews Corp will also “share journalistic expertise to help ensure the highest journalism standards are present across OpenAI’s offering,” according to a press release announcing the deal.The pact could be worth more than $US250 million ($378 million) over five years, according to a report about the deal in theWall Street Journal, citing people familiar with the matter.Loading“We believe an historic agreement will set new standards for veracity, for virtue and for value in the digital age,” said Robert Thomson, chief executive of News Corp in a release.While more outlets are signing on to work with OpenAI as it seeks content to train its AI systems, some publishers have resisted.The New York Timessued the company, alleging use of copyrighted materials.“Our partnership with News Corp is a proud moment for journalism and technology,” said Sam Altman, CEO of OpenAI, in a statement.More to comeBloombergThe Market Recap newsletter is a wrap of the day’s trading.Get it each weekday afternoon.SaveLog in,registerorsubscribeto save articles for later.AIMedia & marketingRupert MurdochLoading