Disney (DIS) last week sent a cease and desist letter to Character.AI, demanding the personalized AI chatbot developer immediately stop using its copyrighted characters, according Axios, which notes that Disney emphasized its concerns are not just financial, but that Character.AI’s platform could damage its brand long-term.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIS:
- FuboTV shareholders approve business combination agreement
- Positive Outlook for Disney: Streaming Growth and Strategic Initiatives Drive Buy Rating
- Disney lost 1.7M streaming subscribers from September 17-23, THB says
- Trump Trade: U.S. to impose 100% tariff on foreign-made movies
- Trump says imposing 100% tariff on movies made outside of U.S.
