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©LicensingVerified
Disney
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Character.AI

Deal Value

Undisclosed

Announced

Tuesday, October 13, 2026

Deal Details

Disney agreed to pay $20 million for a non-exclusive perpetual license to certain Character.AI intellectual property as part of the chatbot startup’s Chapter 11 process.

A technology licensing agreement for models, software, or intellectual property.

Related News

Character.ai seeks Chapter 11 sale as Disney bids $20M for chatbot tech

On October 13, 2026, Character.AI filed for Chapter 11 bankruptcy and disclosed a deal for Disney to pay $20 million for a non‑exclusive perpetual license to some of its IP. The company said it will run a court‑supervised sale process and may wind down its platform if no buyer emerges to keep it operating.

Oct 13, 2026
View Original Source↗
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