AI Hiring Push Might Change The Case For Investing In Disney (DIS)

Walt Disney has moved to license intellectual property from bankrupt chatbot startup Character.AI and plans to hire most of its roughly 60 person workforce on about US$60 million in annual compensation, aiming to bring conversational AI capabilities in house for use across streaming and park experiences. The long running royalty deal for Jason Weaver’s young Simba role in The Lion King highlights how Disney’s intellectual property can keep generating inheritable payments for talent. This...