The New York Times and Amazon’s AI licensing deal is reportedly worth up to $25 million per year

Date:

Share:


Amazon’s AI licensing deal with The New York Times is worth $20 million to $25 million per year, according to . The two companies did not disclose the fiscal terms of the agreement back when it was announced in . The Journal’s reporting provides a rare insight into the value of a media company licensing its content for AI training.

In the case of The Times, Amazon’s annual payments to the publisher would amount to nearly one percent of its total revenue in 2024. In return, the agreement allows Amazon to train its AI models on content from The Times, including content from auxiliary arms of the company like The Athletic and NYT Cooking. It also allows Amazon to offer summaries and excerpts from the paper through Alexa.

In light of that, $20 million to $25 million per year seems a small payout when the threat AI poses to publishers is so great, and other media companies have been able to negotiate bigger payouts. For instance, OpenAI’s five-year licensing deal with News Corp, the owner of The Wall Street Journal, is reportedly worth more than .

The New York Times sued OpenAI and Microsoft for training their models on the company’s content without permission back in 2023. That case is still ongoing.

If you buy something through a link in this article, we may earn commission.



Source link

━ more like this

Instagram is getting rid of its most secure chatting feature

Meta is pulling the plug on one of Instagram’s most secure messaging feature, and the company has a good reason for you to...

Brits warned supermarket shelves could be left empty as war drives energy costs – London Business News | Londonlovesbusiness.com

British shoppers are being warned they may face empty supermarket shelves within weeks due to rising energy and transport costs linked to the...

Despite Trump’s threats Iran ‘will not open’ Strait of Hormuz – London Business News | Londonlovesbusiness.com

Iran will not reopen the strategic Strait of Hormuz, despite warnings from Donald Trump, according to a former commander of the Islamic Revolutionary...

Ball x Pit on mobile, Piece by Piece x2 and other new indie games worth checking out

Welcome to our latest roundup of what's going on in the indie game space. A bunch of intriguing games arrived this week, including...
spot_img