Licensing2024-05-07reported

OpenAI × Dotdash Meredith

Dotdash Meredith, a major publisher of lifestyle magazines, signed a deal with OpenAI to license its content and collaborate on new AI tools. [1, 19] While full financial terms were not disclosed, it was later reported that the deal is worth at least $16 million per year, providing a verified floor for major publisher licensing deals. [1, 3]

Price paid
$16M
per year
Losing bid
Per unit
no meaningful ratio

The asset

A licensing agreement for OpenAI to use Dotdash Meredith's content from brands like Better Homes & Gardens and Investopedia for training and to display in ChatGPT, and a partnership to use OpenAI's technology to improve the publisher's ad-targeting tool. [1]

The record

Seller status
Going concern
Sector
magazine publishing
Modalities
text, images
Jurisdiction
US

What it means if you hold data

This deal with a major magazine and digital publisher demonstrates the value of specialized, evergreen lifestyle content for AI training, expanding the licensing market beyond just hard news.

Sources