Licensing2024-10-08confirmed
OpenAI × Hearst
OpenAI and Hearst announced a strategic partnership to bring Hearst's trusted magazine and newspaper content to OpenAI's products. The deal covers a wide range of lifestyle and local news content for AI training and citation.
Price paid
—
Not disclosed
Losing bid
—
Per unit
—
no meaningful ratio
The asset
Content from Hearst's portfolio of more than 40 newspapers and 20 magazine brands, including the Houston Chronicle and Esquire.
The record
- Seller status
- Going concern
- Sector
- media conglomerate
- Modalities
- text
- Jurisdiction
- US
What it means if you hold data
The deal expands OpenAI's reach into local news and lifestyle data, sectors that were previously less represented in its licensing portfolio.
Sources
- prdaily.com — https://www.prdaily.com/the-scoop-hearst-openai-deal-highlights-changing-news-ecosystem/
- pymnts.com — https://www.pymnts.com/artificial-intelligence-2/2024/openai-products-to-integrate-hearst-newspaper-and-magazine-content/
- thewrap.com — https://www.thewrap.com/openai-hearst-content-licensing-partnership/
- maginative.com — https://www.maginative.com/article/openai-and-hearst-announce-content-partnership/