4 ms·

Disney shareholders, feel free to make images of Iger, Mickey, and Br'er Rabbit lighting piles on money on fire.

by dfedbeef 10mo ago

atonse 10mo ago
I'm not a shareholder but buying equity in OpenAI seems to be a much better deal (for Disney) than making OpenAI just pay royalties, no? Seems like everyone wins, unless you think OpenAI will never amount to anything and it's all a bubble.
- sjsdaiuasgdia 10mo ago
  Cash from royalties doesn't disappear like equity value would, in the event of a bubble pop. Bird in the hand is worth two in the bush and all that.
  - blibble 10mo ago
    where does the royalty cash come from when the bubble pops?
    - sjsdaiuasgdia 10mo ago
      It stops, but you still have what you got before that point. You're "cashing out" on an ongoing basis.
  - dfedbeef 10mo ago
    Royalty payments from a company that can't pay them aren't useful either.
  - atonse 10mo ago
    What does a bubble pop look like to people? Does anyone envision a scenario where OpenAI or Anthropic (or google) disappears? I can understand the investment bubble in new infra. But even that, I’m not so sure. Right now, demand is so far outstripping supply, which is why we’re having so many conversations about energy or chips. But yes that’s the bubble people keep talking about.
- dfedbeef 10mo ago
  If you destroy your brand value in the process? This is an entertainment company... The entire value of this company is the characters and the right to make new stories with them.
pkroll 10mo ago
Not a shareholder, but on first try, it won't do it because it recognizes Iger's name. And clearly the deal is fresh because it balked at Mickey Mouse too. But it has no trouble with just, "mouse": https://sora.chatgpt.com/p/s_693ae0d25bbc819188f6758fce3f90ce?psh=HXVzZXItREMzV2diWmh0RUJTM2J2ZkVqdW5JeDlH.O5zzWJA7LMz9 https://sora.chatgpt.com/p/s_693ae0d25bbc819188f6758fce3f90c...
- dfedbeef 10mo ago
  Ask it to do Steamboat Willy? Now in the public domain
hnlmorg 10mo ago
The original depiction of Mickey Mouse is legally public domain anyway https://en.wikipedia.org/wiki/Works_based_on_a_copyright-free_Mickey_Mouse https://en.wikipedia.org/wiki/Works_based_on_a_copyright-fre...

Disney shareholders, feel free to make images of Iger, Mickey, and Br'er Rabbit lighting piles on money on fire.

atonse 10mo ago

I'm not a shareholder but buying equity in OpenAI seems to be a much better deal (for Disney) than making OpenAI just pay royalties, no? Seems like everyone wins, unless you think OpenAI will never amount to anything and it's all a bubble.

sjsdaiuasgdia 10mo ago
Cash from royalties doesn't disappear like equity value would, in the event of a bubble pop. Bird in the hand is worth two in the bush and all that.
- blibble 10mo ago
  where does the royalty cash come from when the bubble pops?
  - sjsdaiuasgdia 10mo ago
    It stops, but you still have what you got before that point. You're "cashing out" on an ongoing basis.
- dfedbeef 10mo ago
  Royalty payments from a company that can't pay them aren't useful either.
- atonse 10mo ago
  What does a bubble pop look like to people? Does anyone envision a scenario where OpenAI or Anthropic (or google) disappears? I can understand the investment bubble in new infra. But even that, I’m not so sure. Right now, demand is so far outstripping supply, which is why we’re having so many conversations about energy or chips. But yes that’s the bubble people keep talking about.
dfedbeef 10mo ago
If you destroy your brand value in the process? This is an entertainment company... The entire value of this company is the characters and the right to make new stories with them.

pkroll 10mo ago

Not a shareholder, but on first try, it won't do it because it recognizes Iger's name. And clearly the deal is fresh because it balked at Mickey Mouse too. But it has no trouble with just, "mouse": https://sora.chatgpt.com/p/s_693ae0d25bbc819188f6758fce3f90ce?psh=HXVzZXItREMzV2diWmh0RUJTM2J2ZkVqdW5JeDlH.O5zzWJA7LMz9 https://sora.chatgpt.com/p/s_693ae0d25bbc819188f6758fce3f90c...

dfedbeef 10mo ago
Ask it to do Steamboat Willy? Now in the public domain

hnlmorg 10mo ago

The original depiction of Mickey Mouse is legally public domain anyway https://en.wikipedia.org/wiki/Works_based_on_a_copyright-free_Mickey_Mouse https://en.wikipedia.org/wiki/Works_based_on_a_copyright-fre...