Overview
- OpenAI’s decision to shut its Sora video tool on Tuesday ended Disney’s planned three‑year, $1 billion partnership to bring AI‑generated character videos into Disney+.
- Epic Games said it will cut about 1,000 jobs after weak Fortnite engagement, putting a question mark over Disney’s $1.5 billion partnership built around a new Disney world inside Fortnite.
- D’Amaro helped drive the Epic deal and holds a board observer role, yet Epic has not said whether the cost cuts will alter the Disney project.
- ABC paused the new season of The Bachelorette featuring Taylor Frankie Paul after video of an alleged domestic violence incident surfaced, a move that experts say could cost tens of millions if the season never airs.
- Disney shares slipped about 0.7% after the Sora reversal, and analysts and trade outlets pressed D’Amaro to spell out next steps on AI and gaming, with THR noting he is elevating games under creative chief Dana Walden and the Post highlighting calls for a clearer plan.