Ever since OpenAI introduced ChatGPT to the public in November 2022, there has been much discussion among media professionals about how to handle companies specializing in generative artificial intelligence. These firms gather a vast amount of publicly accessible data to fuel chatbots capable of generating articles or copy-like content incredibly swiftly.
As a gamer, I’ve recently learned that several game publishers have chosen to cash in on a substantial offer from OpenAI. In return, this tech titan is absorbing their content, ensuring these publishers receive some immediate payment amidst the disruption AI is causing to the open web. Despite uncertainty about the future of the internet advertising landscape, which is currently controlled by Google, they’re hoping for some form of financial stability in these changing times.
Dotdash Meredith, the proprietor of titles like People, Better Homes & Gardens, and InStyle, revealed in their Q3 financial report that they receive around $16 million per year from their partnership with OpenAI.
News Corp, which owns The Wall Street Journal and New York Post, has characterized its agreement with the tech company run by Sam Altman as a groundbreaking deal. In an earnings call last November, the CEO Robert Thomson refrained from disclosing the exact amount, but stated that revenue generated from their OpenAI licensing deal is already making a noticeable difference in the media sector and will continue to do so in upcoming quarters. Additionally, this deal is now contributing to the income and profit structure of Dow Jones.
A variety of publishing giants such as Vogue, The New Yorker (owned by Condé Nast), Time magazine, The Atlantic, Axel Springer, The Financial Times, and Vox Media have all signed agreements that are mutually beneficial. It seems that these contracts may provide an exit option after a couple years to potentially renegotiate terms.
In a turn of events, The New York Times opted for a different approach and filed a lawsuit against OpenAI and its partner Microsoft in late December 2023. The reason being that they found out the defendants had been using Times content without permission to develop their models and tools. According to their filing, this legal action was taken to make them accountable for the enormous damages – both statutory and actual – they owe due to the unauthorized copying and use of The New York Times’ unique works.
In the course of this ongoing court case, it’s come to light that the total expenses for AI-related legal matters in 2024 amounted to $10.8 million, as reported by The Times. This figure was revealed in their quarterly earnings report submitted on Wednesday.
The Times, bolstered by its more than 11 million paid subscribers to its newspaper and range of products, is one of the select journalistic bodies that has the financial means to engage in prolonged court battles with tech giants. Additionally, private equity has entered the legal arena, as Alden Global Capital – now the proprietor of the Chicago Tribune and New York Daily News following the acquisition of the struggling Tribune Publishing group in 2021 – also filed a lawsuit against OpenAI in April.
As a gamer, I can relate to the stand of A.G. Sulzberger, the publisher of The Times. Last year, he framed the debate around AI in terms of a principled stance, even acknowledging its potential benefits for reporters. In his words, “We can’t let a world emerge where news organizations no longer get paid for the work they invest money, time, care, and sometimes risk to create. We can’t let a world arise where news organizations lose their direct connection with the audience for that very work.
At a December summit with Andrew Ross Sorkin from The New York Times, OpenAI’s Altman expressed disagreement with their stance. He stated, “I don’t approve of being impolite as a guest in someone else’s home,” but added, “That being said, I believe The New York Times often finds itself on the incorrect side of history.
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2025-02-05 17:25