• by Ray Schultz , May 22, 2024

News Corp has joined the roster of publishers signing deals with OpenAI.

The two firms have announced a multi-year arrangement to bring News Corp. news content to OpenAI. The Wall Street Journal reports that the agreement will be worth $250 million to News Corp. over a five-year period.

OpenAi will be allowed to display material from News Corp. in response to user questions. 

As part of the arrangement, OpenAI will gain access to current and archived content from The Wall Street Journal, Barron’s, MarketWatch, Investor’s Business Daily, FN, New York Post, The Times, The Sunday Times and The Sun, The Australian, news.com.au, The Daily Telegraph, The Courier Mail, The Advertiser, and Herald Sun, and other products. 

However, the partnership does not include content from News Corp’s other businesses.

News Corp will also share its journalistic expertise.

“We believe an historic agreement will set new standards for veracity, for virtue and for value in the digital age,” said Robert Thomson, chief executive of News Corp. “We are delighted to have found principled partners in Sam Altman and his trusty, talented team who understand the commercial and social significance of journalists and journalism. This landmark accord is not an end, but the beginning of a beautiful friendship in which we are jointly committed to creating and delivering insight and integrity instantaneously.”

Sam Altman, CEO of OpenAI, comments, “Together, we are setting the foundation for a future where AI deeply respects, enhances, and upholds the standards of world-class journalism.”

OpenAI recently signed agreements with Dotdash Meredith,  Financial Times and Axel Springer, allowing forms of content usage. But it has also been sued by The New York Times and eight Alden Global Capital newspapers.