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Filing: Disney agreed to hire 60+ staff from Character.AI and pay them ~$180M over three years, plus $30M for retention awards; a bankruptcy judge must approve (Bloomberg)

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In short

Disney has struck a deal to hire 60+ staff from Character.AI, promising a compensation of $180 million over three years, with an additional $30 million for retention awards. The deal requires approval from a bankruptcy judge.

Key points

  • Disney has agreed to hire 60+ staff from Character.AI.: Disney has agreed to hire 60+ staff from Character.AI.
  • The compensation includes $180 million over three years and $30 million for retention awa…: The compensation includes $180 million over three years and $30 million for retention awards.
  • The deal requires approval from a bankruptcy judge.: The deal requires approval from a bankruptcy judge.

Sources checked by our analysis pipeline: 1

Steven Zeitchik / The Hollywood Reporter: |

Google: |

Chase DiBenedetto / Mashable: |

Bloomberg: |

Joanna Stern / The New Things: |

Jean Eaglesham / Wall Street Journal: |

Bloomberg: |

Walter Schulze / Startup Fortune: |

Zack Abrams / The Block: |

Saritha Rai / Bloomberg: |

Preeti Singh / Bloomberg: |

Terrence O'Brien / The Verge: |

Nilay Patel / The Verge: |

Rafe Rosner-Uddin / Financial Times: |

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Anthropic: |

Financial Times: |

Marcus Mendes / 9to5Mac: |

Andrew E. Freedman / Tom's Hardware: |

Prathik Jayaprakash / Reuters: |

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