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Two companies WordPress and Tumblr are planning to sell User content to AI companies

Two companies WordPress and Tumblr are planning to sell User content to AI companies

According to a new report from 404 Media Tuesday, Automattic, the parent company of websites like WordPress and Tumblr, is in talks to sell material from its platforms to AI businesses like MidJourney and OpenAI for training reasons. Automattic is also attempting to reassure users that they can opt-out at any time, even if the…

In 2022, Disney plans to spend $33 billion on content

In 2022, Disney plans to spend $33 billion on content

For the fiscal year 2022, which begins on Oct. 1, the Walt Disney Company aims to increase its overall content spending to $33 billion. The company’s annual report, which was submitted with the Securities and Exchange Commission on Wednesday, contained details about the previous year and its outlook for the coming year. The $33 billion…

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