OpenAI will pay DotDash Meredith at least $16 million per year to license its content

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OpenAI will pay DotDash Meredith at least $16 million per year to license its content
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Lawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.

The actual payout could rise above $16 million per year, as it only reflects the “fixed” component of the payment. The “variable” component will be calculated in the future,“If you look at Q3 of 2024, licensing revenue was up about $4.1 million year over year. The lion’s share of that would be driven by the OpenAI license,” CFO Chris Halpin said. “So that’s — on a quarterly basis — a good proxy for the revenue we’re recognizing.

Dotdash Meredith will license its content for OpenAI to train ChatGPT, but the publisher will also use the AI company’s models to boost its in-house ad-targeting tool. As part of this arrangement, ChatGPT will display content and links attributed to the various publications under the Dotdash Meredith umbrella.

As a side note, I have written for multiple Dotdash Meredith publications throughout the years. Can a lowly copywriter get a taste of that $16 million please? Actually, never mind. Huge payouts are for overpaid executives and not for the people who actually make the thing that people click on. Silly me.

On the plus side, at least OpenAI is paying some companies to use content now. The entity has been sued by everyone fromDotdash Meredith is just the latest publisher to offer its content to AI companies to help create our glorious shared future in which nobody makes anything except pithy messages on social media sites. The

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