Condé Nast Strikes Deal with OpenAI for Content Display
Condé Nast, the media giant behind popular publications like Wired, Vogue, and The New Yorker, has recently entered into a multi-year collaboration with OpenAI, an artificial intelligence startup. This partnership will allow OpenAI to incorporate content from Condé Nast titles into its ChatGPT and SearchGPT platforms. The move comes in the wake of increasing concerns regarding the unauthorized use of publishers’ content by AI companies.
In a memo to employees, Condé Nast CEO Roger Lynch highlighted the importance of this partnership in generating revenue streams to support the company’s journalism and creative efforts. While the financial details of the deal have not been disclosed, it is seen as a step towards bridging the gap created by the decline in traditional sources of revenue for publishers.
This collaboration marks Condé Nast as the latest addition to a growing list of publishers partnering with OpenAI, including News Corp, Vox, The Atlantic, TIME, and Axel Springer. Nevertheless, not all publishers are in favor of such partnerships. Last year, The New York Times took legal action against OpenAI for allegedly using its content in ChatGPT’s responses without permission.
Expressing concerns over the potential financial repercussions for media companies, Lynch called for immediate action from Congress to ensure that publishers are fairly compensated for the use of their content by AI companies. A recent legislative proposal, the COPIED ACT, aims to protect journalists and artists from having their work scraped by AI algorithms without consent.
As the debate over the rights and compensation of content creators continues, the partnership between Condé Nast and OpenAI sheds light on the evolving dynamics between traditional media outlets and technology companies in the digital age.
