🔥 NEW: Disney is investing $1 billion in OpenAI and signing a three-year deal that lets users create Sora and ChatGPT Image content featuring more than 200 Disney, Marvel, Pixar, and Star Wars characters starting next year. https://t.co/02KjXkfVI8 ...

Company Overview - The Generation Essentials Group (TGE) is a diversified portfolio focused on global strategies in multi-media, entertainment, cultural affairs, hospitality, and VIP services [4] - TGE was jointly established by AMTD Group, AMTD IDEA Group, and AMTD Digital Inc. and is headquartered in France [4] Share Capital Structure - TGE's issued share capital includes 44,175,159 Class A ordinary shares (one vote each), 4,285,911 Class B ordinary shares (twenty votes each), and 6,343,056 non-voting redeemable preferred shares [1] - The total number of voting rights attributable to Class A Ordinary Shares is 44,175,159 [2] Voting Rights and Disclosure - Shareholders must use the total voting rights figure (44,175,159) to determine if they need to notify changes in their interest in Class A Ordinary Shares under FCA's Disclosure Guidance and Transparency Rules [3] - Any person holding 5% or more of the voting rights must notify both the Company and the Financial Conduct Authority without delay [3]

Industry Competition - The bidding war between Netflix and Paramount will shape the future of entertainment [1] - The battle involves more than just Warner Brothers [1]

Group 1 - Warner Bros. Discovery, Inc. shares have recently surged due to a bidding war, with Netflix offering $27.75 per share and Paramount Skydance countering with a hostile bid of $30 per share [2][3] - Some shareholders are anticipating an even higher bid, but if no additional bidders emerge, the stock price may face resistance around $31.25 [3][6] - Historical resistance levels for Warner Bros. were noted around $31.25 in early 2022, suggesting that if the stock reaches this price again, it may encounter selling pressure from investors looking to break even [6][7][8] Group 2 - The current trading environment for Warner Bros. Discovery is characterized by elevated stock levels, prompting traders to monitor potential resistance points [2] - The concept of "selling at former peaks" is relevant, as many investors may place sell orders at the historical resistance level, potentially capping the stock price [6][7]

How will regulators view the battle for Warner Brothers? @t_wainwright tells “Money Talks” it depends on whether they see it as “just a Hollywood streaming question or a video entertainment question” https://t.co/N3BepQbNCH ...

When you hear the word creativity, what comes to your mind. For most people, it's an artist with a paintbrush, a musician on stage, or maybe even a poet scribbling on a notebook. But let me ask you this.Isn't the engineering student who fixes a broken machine with limited tools creative. Isn't the business student who comes up with a pitch at the last minute creative. And isn't that friend who plans the perfect budget friendly birthday surprise creative.Here's what I've learned. Creativity is not limited to ...

Core Viewpoint - Disney has issued a warning to Google regarding alleged copyright infringement related to the use of Disney's content for training AI models and distributing images and videos, particularly on YouTube, following Disney's $1 billion investment in OpenAI, a competitor of Google [1][4]. Group 1: Copyright Infringement Allegations - Disney claims that Google is infringing its copyrights on a massive scale by using a large corpus of Disney's copyrighted works without authorization to train and develop generative AI models and services [5]. - The letter from Disney demands that Google remove all infringing Disney content from YouTube and YouTube Shorts created with its AI services [2]. - Disney has previously sent cease-and-desist letters to other companies, including Meta and Character.AI, and has filed litigation against Midjourney and Minimax, indicating a broader effort to control piracy of its intellectual property in the AI landscape [3]. Group 2: Competitive Landscape - Disney's investment in OpenAI aims to create a legal framework for accessing its characters and intellectual property, positioning itself against Google in the competitive AI market [4]. - The letter highlights that Google's AI services, including Veo, Imagen, and Nano Banana, are being used to commercially exploit and distribute copies of Disney's protected works, raising concerns about Google's market dominance in generative AI [5]. - Disney's letter emphasizes that Google's actions are flooding the market with infringing works, leading to significant profits from the unlawful exploitation of Disney's copyrights [5].

Market Overview - Markets celebrated the Federal Reserve's latest quarter-point cut, lowering rates to a range of 3.5% to 3.75% [2] - The central bank announced it would purchase short-term bonds, driving down short-term yields, and removed language indicating the labor market "remained low," suggesting a potential focus on supporting the jobs market over inflation [3] Oracle - Oracle reported revenue of $16.06 billion, missing analysts' expectations of $16.21 billion [4] - Software revenue was $5.88 billion, below the estimated $6.06 billion [4] Micron - UBS reiterated a buy rating on Micron with a price target of $295 ahead of earnings, increasing from a previous target of $275 [7] - HSBC initiated coverage of Micron with a buy rating and a price target of $330, citing a potential benefit from a "historic upcycle" aided by artificial intelligence [7] Netflix - Analysts at Needham maintain a buy rating on Netflix, suggesting that the company does not need to acquire Warner Bros. Discovery [8] - The firm believes that without WBD, Netflix is more global, nimble, tech-first, and has greater flexibility with Hollywood unions [8]

The Disney story for now, because the lawsuit obviously is an allegation and opening. I said they're going to look into those. We don't have many details.But the Disney story for investors has to be the more important one, right. I mean, $1,000,000,000 investment from this iconic from the house of mouse in open air. Is that a vote of confidence that two stories that are very hard to put in the same sentence.So let's focus in more on what's happening with Disney right now, because they say that the first maj ...

We are now joined by Disney CEO Bob Iger along with OpenAI CEO Sam Alman. And Sam, very happy to have you on the program I believe for what's the first time. >> Bob, you and I have done this a few times.I want to start with you if I can. Bob, you know, just first of all, why are you doing this deal and what led to it. Well, this is a great opportunity for the company to enable uh consumers to engage with our characters on what is probably the most modern of technology and media platforms today.uh and it not ...